Carter Reum, an American entrepreneur and venture capitalist, became a well-known name after marrying Paris Hilton. While Hilton’s fame has been long established, people are increasingly curious about her husband’s financial standing. So lets discuss at Tourist Attractiveness, what is Carter Reum’s net worth? And what was his first trip to Africa like with Paris Hilton?
Carter Reum Net Worth Overview
| Attribute | Details |
| Full Name | Carter Milliken Reum |
| Date of Birth | February 5, 1981 |
| Age | 43 years (as of 2024) |
| Nationality | American |
| Profession | Entrepreneur, venture capitalist, author |
| Notable Ventures | VEEV Spirits, M13 Ventures |
| Estimated Net Worth | $20 million – $40 million |
| Spouse | Paris Hilton |
| Children | Phoenix, London, and Evie |
Carter Reum has built his wealth primarily through entrepreneurship. While he hails from a wealthy background, he has carved out his own success by investing in innovative startups and co-founding multiple companies.
A Business Mindset From the Start
Carter was born in Wayne, Illinois, to business mogul Robert Reum, who was the president and CEO of Amsted Industries. Coming from a lineage of business acumen, it was no surprise that Carter would later follow a similar path. After graduating from Columbia University in 2003 with a degree in business and managerial economics, he kicked off his career at Goldman Sachs as an investment banker. However, his true entrepreneurial spirit was awakened soon after.
VEEV Spirits – A Game Changer
In 2007, Carter and his brother, Courtney Reum, took a bold step by leaving their corporate jobs to launch VEEV Spirits. The company gained attention for its eco-friendly açaí-infused vodka. With sustainability as a core focus, VEEV Spirits became the first carbon-neutral spirits brand in the United States. The brand’s rapid success led to its recognition by Inc. Magazine as one of the 250 fastest-growing private companies in the country. Ultimately, Luxco acquired VEEV Spirits in 2016, adding significantly to Carter’s wealth.
M13 – The Powerhouse of Investments
With the success of VEEV, Carter and Courtney founded M13, a venture capital firm focused on consumer technology and lifestyle brands. The firm has backed big names such as Lyft, Ring, and Snapchat, helping these companies accelerate their growth. M13 continues to be a dominant player in the startup investment space, contributing to Reum’s growing net worth.
Real Estate Ventures
Beyond tech and startups, Carter Reum has also invested in prime real estate. In August 2021, he and Paris Hilton purchased a luxurious $8.4 million beachfront mansion in Malibu. The property boasts stunning ocean views, an outdoor jacuzzi, and direct beach access. In 2023, they moved into a grand Beverly Park estate valued at $21.5 million, a sign of their extravagant lifestyle.
Author and Media Presence
Carter’s expertise in business led him to co-author Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches, a book that provides insights into entrepreneurship. He has also been a regular contributor to Inc. Magazine, sharing tips on business growth and investment strategies.
Carter Reum and Paris Hilton’s First Trip to Africa
Despite their high-profile status, Carter and Paris Hilton share a love for philanthropy and cultural exploration. Their first trip to Africa was nothing short of transformative. They traveled to Rwanda and Kenya, immersing themselves in local traditions and wildlife conservation efforts. Paris, known for her glamorous lifestyle, showcased a different side of herself—one deeply engaged with social causes.
The couple visited a children’s foundation in Nairobi, where they donated essential supplies and spent time with young students. They also embarked on a safari in the Maasai Mara, witnessing the breathtaking beauty of Africa’s wildlife.
Carter and Paris used their platform to raise awareness about wildlife conservation, particularly the dangers of poaching. The trip left a lasting impression on them, and they vowed to support initiatives that protect endangered species and uplift underprivileged communities.
Who Is Richer: Carter Reum or Paris Hilton?
Though Carter has built a solid fortune, his wealth is overshadowed by Paris Hilton’s empire. With an estimated net worth of $300 million, Paris has accumulated her riches from multiple business ventures, including a billion-dollar fragrance line, fashion brands, and DJ performances. While Carter’s wealth is commendable, Paris remains the financial powerhouse in their relationship.
Final Thoughts
Carter Reum may have gained mainstream attention due to his marriage to Paris Hilton, but his business acumen and investments stand on their own merit. With a net worth ranging from $20 million to $40 million, he continues to shape the entrepreneurial landscape through strategic investments and innovations. His journey from investment banking to startup success proves that taking calculated risks can lead to immense rewards.
Meanwhile, his first trip to Africa with Paris Hilton highlighted the couple’s philanthropic efforts and love for travel. As they continue their journey together, both in business and life, Carter Reum’s financial portfolio is expected to grow even further.
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