Carter Reum’s net worth is estimated between $20 million and $45 million, depending on the source consulted. Born on February 5, 1981, the 45 year old is a Columbia University graduate, venture capitalist, and co-founder of the investment firm M13. He is also known for his marriage to Paris Hilton, though his fortune was built years before the two became a couple, largely through a spirits company he sold in 2016 and the venture firm he still runs with his brother.
Quick Facts
| Category | Detail |
| Full Name | Carter Milliken Reum |
| Date of Birth | February 5, 1981 |
| Age | 45 |
| Birthplace | Wayne, Illinois |
| Occupation | Venture capitalist, entrepreneur, author |
| Education | Columbia University (Columbia College), 2003, economics |
| Known For | Co-founder of M13 and VEEV Spirits; husband of Paris Hilton |
| Spouse | Paris Hilton (married November 11, 2021) |
| Net Worth | Estimated $20 million to $45 million |
Early Life and Biography
Carter Milliken Reum was born in Wayne, Illinois, to Sherry and W. Robert Reum. His father spent years as chairman, president, and chief executive of Amsted Industries, a Chicago based manufacturer that Forbes has listed among the largest privately held companies in the United States, with a valuation reported at roughly $4 billion. Robert Reum also chaired Waste Management Inc. and served as vice chairman of the Chicago Symphony Orchestra before he died in 2017. His own estate was valued at a comparatively modest $6.1 million, according to probate data cited by Wallmine, a reminder that Carter’s fortune is not simply inherited money.
Reum has two siblings: brother Courtney, his eventual business partner, and sister Halle Reum Hammond, who is married into the Annenberg family through her husband, Oliver Hammond. Carter attended Columbia College at Columbia University in New York City and graduated in 2003 with a degree in economics. During his time at Columbia he was initiated into the Delta chapter of the Zeta Beta Tau fraternity. After graduation, he moved into finance, taking a role in investment banking that gave him early exposure to deal structuring and capital markets, experience he would later apply to his own ventures.
Career Timeline
Reum’s career did not begin with fame. Like many finance graduates of his era, he spent his first working years inside a bank, learning how capital moves before he ever raised any of his own. In 2007, at 25, he and his brother Courtney left that world behind to found VEEV Spirits, a liquor company built around acai berry, then a fairly unfamiliar ingredient in mainstream spirits. VEEV grew quickly enough to land on Inc. magazine’s list of the 5,000 fastest growing private companies in the country. The brothers ran it for close to a decade before selling it to Luxco in 2016 for a price reported at more than seven times the company’s revenue, a strong multiple for a beverage brand of that size.
With VEEV behind them, the Reum brothers turned to investing. In 2016 they launched M13, an early stage venture capital and brand building firm named after the date of a fire in their VEEV offices, February 13. M13 has backed companies across consumer technology, including stakes in Lyft and FanDuel, and built a reputation for pairing capital with hands on marketing support for younger brands. The firm’s assets under management grew from roughly $450 million in mid 2021 to about $750 million by March 2022, and public reporting from 2025 put that figure above $1.3 billion, a sign that Reum’s primary income source has scaled considerably since he stopped running a spirits company full time.
Alongside the investing work, Reum co-wrote “Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success” with his brother, a business book drawing on their own founder experience. He has also written for Huffington Post and Inc. as a contributor and has appeared as a commentator on CBS and Fox.
Net Worth Breakdown
Public trackers do not agree on a single number for Carter Reum, and none of them are based on audited financial records, since he has not disclosed his finances publicly. Celebrity Net Worth lists him at $20 million. Finty and several entertainment outlets, including citiMuzik and TheCityCeleb, put the figure closer to $40 million. FamousPeopleToday ties an estimate of roughly $30 million to M13’s assets under management at the time of its 2022 reporting. Taken together, most public estimates land somewhere in the $20 million to $45 million range, and outlets that have revisited the figure in 2025 and 2026 have generally kept that same spread rather than converging on one number.
A large share of that estimate traces back to the VEEV sale in 2016, which is the closest thing to a documented liquidity event in Reum’s career, plus his ongoing ownership stake in M13 as the firm’s assets under management have grown. Book royalties, board involvement, and media appearances likely add a smaller amount on top, though none of those figures have been made public. Reum’s wealth is separate from that of his wife. Paris Hilton’s own net worth is commonly estimated at around $300 million, and the couple have never discussed publicly whether they have a prenuptial agreement or how they manage shared assets, including their current home, a roughly 14,000 square foot property in Beverly Park purchased after their previous Malibu house was destroyed in the Los Angeles wildfires.
Income Sources
Reum’s money comes from several places rather than one paycheck. The VEEV sale to Luxco in 2016 remains his single largest documented payout. M13 is now his main ongoing source of income, both through management fees on the capital it oversees and through carried interest on successful exits from its portfolio companies. His book, published through a mainstream business imprint, adds royalty income, and his early years in investment banking gave him savings and a network that fed directly into VEEV’s launch. He has also picked up paid speaking and media work tied to his profile as a startup founder and, more recently, as Paris Hilton’s husband, though that visibility is not itself a primary income stream in the way M13 and VEEV were.
Family
Before Paris Hilton, Reum was married to actress Laura Bellizzi, and the couple later divorced. He has one child from that earlier relationship. Reum and Hilton had known each other socially for about 15 years, through mutual friends and his sister Halle, before they began dating in 2019. He proposed in February 2021 with an emerald cut diamond ring designed by Jean Dousset, reportedly worth around $2 million, and the couple married in Los Angeles on November 11, 2021. They welcomed their first child together, a son named Phoenix Barron Hilton Reum, via surrogate in January 2023, and have since expanded their family further. Reum’s Wikipedia entry lists three children in total across both relationships.
Physical Stats
Reum has not confirmed his height through any interview or verified source, and entertainment sites that publish a specific figure for him are generally repeating unsourced estimates rather than confirmed data. What is documented is his date of birth, February 5, 1981, which puts him at 45 as of 2026, and his general public appearance as a clean cut, low profile figure who avoids the level of media exposure his wife receives. Unlike his net worth, which multiple outlets have at least attempted to estimate independently, no credible outlet has published a sourced height figure for him, so it is left out here rather than guessed at.
