Carter Reum Net Worth Revealed: From VEEV Vodka to M13 Ventures Success

Carter Reum's net worth sits between $20 million to $40 million . The market has watched his transformation from a spirits company co-founder to a prominent venture capital investor. His trip to financial success started at the time he sold VEEV Spirits in 2016. The sale brought in $70 million – more than seven times its revenue .

The launch of M13 with his brother Courtney pushed Reum's financial growth further. Their venture capital firm now controls assets worth over $1.3 billion . M13 has backed more than 87 companies that include three unicorns, one IPO, and eight acquisitions .

The firm's investments in major players like Lyft, Ring, and Snapchat have made it a powerful force in the startup world. This piece traces Reum's path to wealth – from his early business ventures to his current role as a business mentor and Paris Hilton's husband.

Carter Reum’s Net Worth in 2025: What We Know

Carter Reum's exact net worth in 2025 is sort of hard to get one's arms around. Most reliable estimates put his fortune somewhere between $20 million and $40 million. The 43-year-old entrepreneur (born February 5, 1981) has built a complex financial portfolio that needs careful analysis.

Estimated range: $20M to $40M

Financial tracking services consistently value Reum's personal wealth between $20-40 million. We earned this wealth mainly through the profitable sale of VEEV Spirits and his current stake in M13 Ventures. These numbers are educated estimates since there's no public confirmation.

Unlike celebrities who earn from transparent sources like film contracts or music royalties, Reum's wealth comes from private business deals with changing valuations.His financial picture has changed by a lot since marrying Paris Hilton in 2021. Hilton's net worth of about $300 million is nowhere near his, but their partnership has opened new doors and brought more attention to his business ventures.

Why his net worth is hard to pin down

Several factors make it tough to calculate Reum's exact worth. He doesn't have to disclose his earnings or assets as a private investor. Much of his wealth sits in private company ownership stakes that change value all the time.

Venture capital success often stays on paper until companies get sold or go public. A portfolio company might be worth hundreds of millions during funding rounds. This doesn't mean Reum has that cash in his account. These investments might pay off big later – or they might not.

Reum had already made it as an entrepreneur before meeting Paris Hilton. The VEEV Spirits sale and early M13 investments proved his business skills. While we don't know his exact worth before Paris, his career shows he had built substantial wealth on his own.

How venture capital affects valuation

Venture capital plays a big role in calculating Reum's wealth. He co-founded M13 Ventures with his brother Courtney, so his money is tied closely to how well the firm does.

Venture capitalists make money three ways:

1. Management fees – Usually 2% of committed capital annually
2. Carried interest – Typically 20% of profits when investments succeed
3. Personal investments – Their own capital invested alongside the fund

M13 manages about $1.3 billion across multiple funds. Management fees alone bring in good money. The carried interest could mean even bigger returns – but only when portfolio companies get bought or go public.

M13 has backed some impressive companies like Lyft, Pinterest, and SpaceX. The actual returns depend on when these companies were bought or went public, and at what price. This makes Reum's potential wealth a moving target.

Without doubt, Carter Reum has achieved great financial success. His true net worth stays fluid – it changes with market conditions, how well his portfolio companies perform, and the speculative nature of venture investing.

From VEEV Vodka to Exit: Carter’s First Big Win

Carter Reum's path to becoming a venture capital mogul started with an acai-infused vodka that added millions to his wealth. His first big business success came in 2007 with VEEV Spirits, which built the financial base for his future ventures.

The idea behind VEEV Spirits

Carter, at age 26, and his brother Courtney saw something missing in the spirits market. As former Goldman Sachs investment bankers, they saw a chance to create something different from regular vodka. Their breakthrough? They made a 60-proof spirit with acai berries—a superfood that people loved for its antioxidant benefits.

VEEV wasn't just another alcohol brand. The brothers marketed it as the first açaí spirit anywhere and a better choice than regular vodkas. People who wanted better ingredients loved this approach. The market was ready for premium spirits with a health-focused angle.

VEEV stood out because of its unique taste. Most vodkas pride themselves on being tasteless, but VEEV celebrated its distinct flavor. The Reum brothers knew modern customers wanted products with substance and a good story—VEEV gave them both through its groundbreaking formula.

Eco-friendly branding and market fit

VEEV's success came in part from its groundbreaking environmental approach. The brand became America's first carbon-neutral spirits company—something that struck a chord with environmentally aware customers. This wasn't just marketing talk; VEEV gave $1 from each bottle to save rainforests, showing real environmental commitment.

The company made its product with organic winter wheat in a facility that ran on renewable energy. These decisions put the brand right where two consumer trends met: premium spirits and environmental responsibility.

VEEV found its place with urban professionals who bought sustainable products early. The brothers' finance background helped them position their product smartly. They made a new category—acai spirit—instead of fighting with big vodka brands directly.

The timing worked perfectly with the cocktail comeback and growing interest in craft spirits. This let VEEV charge premium prices while building its name as an innovator in the competitive spirits market.

Sale to Luxco and reported earnings

The VEEV story peaked in 2016 when the Reum brothers sold to Luxco, a major alcohol beverage producer and marketer. The sale brought in about $70 million—impressive since spirit brands usually sell for 1-2 times yearly revenue. VEEV's price was over seven times its revenue, showing how special its market position was.

This deal changed Carter Reum's financial life completely. While we don't know exactly how the brothers split the money, Carter likely got tens of millions—creating the base for his current wealth.

The Reums didn't stop there. They used their new capital and industry knowledge to start M13, their venture firm. The VEEV sale wasn't just about making money—it helped them move into venture capital investing.

This approach—building and selling a company, then putting money into new ventures—shows how Carter builds wealth. VEEV's success story reveals his path from spirit brand creator to smart investor with many high-growth companies.

M13 Ventures: The Billion-Dollar Leap

Carter Reum turned his VEEV Spirits sale into a remarkable venture capital success that ended up multiplying his wealth. M13 Ventures became the life-blood of his financial portfolio and propelled his net worth through smart investments in today's most recognizable brands.

Founding M13 with his brother

Carter and his brother Courtney launched M13 Ventures in 2016 with money from their VEEV Spirits sale. The name M13 comes from the Messier 13 star cluster—showing the brothers wanted to create a constellation of connected companies. M13 stood out from traditional venture firms by positioning itself as a "venture engine built by and for entrepreneurs". The

Reums' experience as founders gave them a unique advantage.

Their distinctive strategy made M13 different. Carter put it simply: "As former founders and operators, all of us at M13 have the experience and empathy to support our founding teams throughout their entire experience". The brothers brought both money and credibility from their Goldman Sachs background and successful exit to start their venture firm.

Notable investments: Lyft, Pinterest, SpaceX

M13's investment list grew fast with some of tech's biggest names. The firm backed well-known brands like Lyft, Pinterest, Ring (bought by Amazon), Snapchat, and SpaceX. M13 has funded 87+ companies, including three unicorns, one IPO, and eight acquisitions.

Their investment skills showed best in early bets on companies that later became huge successes. To name just one example, M13 backed 15 early-stage startups that grew to valuations over $1 billion each, across more than 150 deals.

M13 Ventures net worth and fund size

M13's growth shows clearly in its fundraising:

1. Fund I (2016): $92 million
2. Fund II (2019): Aimed for $150 million but raised $175-188 million
3. Fund III (2022): Targeted $275 million but collected $400 million

M13 now manages about $1.3 billion in assets, which makes up much of Carter Reum's wealth. The firm typically puts $4-7 million into each deal, sometimes writing checks up to $15 million while aiming for 20% ownership in portfolio companies.

Carter's role in startup mentorship

Carter gives founders more than just money. He explained, "Our model around propulsion—this large operating team we have that works with our portfolio companies—really affects the companies we invest in by helping them scale faster".

He spends time mentoring entrepreneurs and helps them dodge common mistakes. His mentorship goes beyond M13's investments, shown by the 2018 book "Shortcut Your Startup" that he wrote with Courtney. The book uses their experiences to teach entrepreneurs the quickest way to reach their goals.

M13 investor Sir Richard Branson highlighted this strength: "M13 already has a strong track record in consumer tech and made its strength guiding entrepreneurs in a practical way". Carter's mentor role has built his reputation in the venture world and created value beyond just financial returns.

How Paris Hilton Changed the Game

Paris Hilton changed Carter Reum's life when they met in 2019. Their relationship reshaped his business plans, lifestyle, and charitable work.

Carter Reum net worth before Paris

Carter proved himself as a successful entrepreneur before meeting Paris Hilton. His VEEV Spirits exit and early M13 investments built his net worth. Their paths crossed at a Thanksgiving gathering in 2019. He had already made his own fortune of $20-40 million. His wealth came from entirely self-earned rather than inherited money. This set him apart from many people in his current social circle.

Marriage, shared assets, and lifestyle

Their relationship moved faster than expected — they started dating in late 2019 and "haven't spent a night apart since" their first date. Their November 2021 marriage brought together substantial real estate holdings.

The California wildfires destroyed their $8.40 million Malibu home in January 2025. They bought Mark Wahlberg's old Beverly Hills estate for $63.10 million. This six-acre property features a skate park, five-hole golf course, and waterslides.

Philanthropy and parenting as a power couple

Paris and Carter balanced their business empires with parenthood. Their son Phoenix arrived in January 2023, followed by daughter London later that year. Both children came through surrogacy. The family showed their charitable side after losing their Malibu home.

Paris raised $800,000 for wildfire relief in just 72 hours. Carter backed these efforts and helped Paris pack supplies for affected families.

How Paris' brand boosts Carter's visibility

Of course, Paris' $300 million net worth and worldwide fame helped Carter become more visible. He said in a 2023 interview, "When you think about investing in spaces, like the creator economy, I get to see the world through the eyes of maybe the one that created the whole creator game". This unique point of view helps shape M13's investment strategy.

Paris' network opened doors to new investors and partners Carter couldn't reach before. He stays focused on business and keeps a lower profile than his famous wife.

Comparing Carter Reum to Other Power Players

Carter Reum's financial standing at age 44 tells an intriguing story that blends family influence with entrepreneurial success. His wealth creates an interesting contrast with other successful individuals and celebrity partners.

Robert Reum net worth and family legacy

Business runs deep in Carter's blood. His father, W. Robert "Bob" Reum, built a remarkable legacy as chairman, president, and CEO of Amsted Industries—a company Forbes valued at around $4 billion. Bob's personal wealth stood between $6.1-8 million when he passed away in 2017.

He made Amsted 100% employee-owned, which showed his values that later shaped Carter's business philosophy. Carter's emphasis on "leading from the back" and mentorship clearly stems from this foundation.

How Carter compares to other celebrity spouses

Carter and Paris's financial relationship mirrors several other power couples. These partnerships share common patterns, though the numbers differ. Tennis legend Serena Williams ($300 million) and her husband, Reddit co-founder Alexis Ohanian ($150 million), have a similar wealth gap.

The story repeats with actress Sofia Vergara's $180 million fortune that's a big deal as it means that her ex-husband Joe Manganiello's $40 million. The gap widens even more between Jessica Alba ($200+ million) and Cash Warren ($20 million).

Lessons from other high-profile couples

Successful power couples put partnership above finances, whatever the wealth differences might be. Carter said it best: finding "that life partner who's going to make you the best version of yourself" means more than money. This view proves more valuable than financial equality, which explains why marriages focused on mutual growth last longer than those centered on assets.

Conclusion

Carter Reum's path from spirits entrepreneur to venture capital success has built his net worth between $20-40 million. His wife Paris Hilton's $300 million fortune overshadows this amount, yet his self-made wealth proves his business sense and strategic thinking.

A novel idea of acai-infused vodka turned into a $70 million exit that funded his next chapter. Unlike many wealthy people, Reum created his fortune through calculated risks and smart innovations instead of inheritance. His father's guidance shaped his approach to business. Carter blazed his own trail.

M13 Ventures serves as the life-blood of his wealth creation strategy. The firm manages $1.3 billion with investments in household names like Lyft and SpaceX that multiply his original success. Without doubt, this venture engine means more than just financial returns – it shows Reum's belief in building value through mentorship and hands-on expertise.

His marriage to Paris Hilton boosted his visibility and created opportunities previously out of reach. Reum stays focused on business first and uses his unique position between traditional venture capital and the creator economy. Their shared assets, including a $63 million Beverly Hills estate, showcase their power couple status.

The loss of their Malibu home to wildfires didn't stop their focus on family and giving back. Carter and Paris welcomed parenthood and used their influence to help others by raising substantial funds for wildfire relief.

Carter Reum shows how entrepreneurial vision combined with smart execution creates substantial wealth. His net worth may change with market conditions and investment results, but his foundation of business success looks solid for future growth. Real wealth goes beyond financial numbers – it shows in influence, relationships, and positive change.

FAQs

Q1. What is Carter Reum's estimated net worth?

Carter Reum's net worth is estimated to be between $20 million and $40 million, primarily derived from his successful ventures in the spirits industry and venture capital investments.

Q2. What was Carter Reum's first major business success?

Carter Reum's first significant business success was co-founding VEEV Spirits, an acai-infused vodka brand that was sold to Luxco in 2016 for approximately $70 million.

Q3. What is M13 Ventures and how is it related to Carter Reum?

M13 Ventures is a venture capital firm co-founded by Carter Reum and his brother Courtney. It manages about $1.3 billion in assets and has invested in notable companies like Lyft, Pinterest, and SpaceX.

Q4. How has Carter Reum's marriage to Paris Hilton affected his career?

His marriage to Paris Hilton has increased Carter Reum's visibility and provided him with unique insights into the creator economy, which he leverages in his investment strategies at M13 Ventures.

Q5. What philanthropic efforts is Carter Reum involved in?

Carter Reum, along with his wife Paris Hilton, has been involved in various philanthropic efforts, including raising $800,000 for wildfire relief after losing their Malibu home to California wildfires in 2025.