Carter Milliken Reum, born on February 5, 1981, in Wayne, Illinois, is an American entrepreneur, author, and venture capitalist. He is best known for co-founding VEEV Spirits and the investment firm M13, as well as for his marriage to media personality Paris Hilton.
Contents
Early Life and Family BackgroundCareer Beginnings and Key MilestonesNotable Works and AchievementsPersonal Life and RelationshipsNet Worth and LifestyleInteresting Facts and TriviaCharitable Work and LegacyFuture Plans and Impact on Culture
Full Name | Carter Milliken Reum |
---|---|
Date of Birth | February 5, 1981 |
Place of Birth | Wayne, Illinois, United States |
Nationality | American |
Education | Columbia University (Class of 2003) |
Spouse | Paris Hilton (m. 2021) |
Children | Phoenix Barron Hilton Reum, London Hilton Reum |
Net Worth | Estimated between $35 and $40 million |
Early Life and Family Background
Carter Reum was born to Sherry and W. Robert Reum, the latter serving as chairman, president, and CEO of Amsted Industries, a company recognized among America’s largest private enterprises. Growing up in a family that valued business acumen, Carter was inspired by his father’s leadership and success. He has two siblings: a brother, Courtney, and a sister, Halle, who is married to Oliver Hammond, a member of the Annenberg family.
In 2003, Carter graduated from Columbia University, where he was a member of the Zeta Beta Tau fraternity. His time at Columbia not only provided a solid educational foundation but also allowed him to build a network that would later support his entrepreneurial ventures.
Career Beginnings and Key Milestones
After earning his degree, Carter began his career at Goldman Sachs as an investment banker. This role honed his financial expertise and provided insights into the corporate world. In 2007, seeking to channel his entrepreneurial spirit, Carter and his brother Courtney co-founded VEEV Spirits, an innovative alcohol brand that introduced açaí-infused vodka to the market. Under their leadership, VEEV Spirits gained significant traction and was listed among Inc. Magazine’s 5000 fastest-growing private companies in the U.S.
Building on their success with VEEV, the Reum brothers established M13, a venture capital firm focused on investing in transformative startups. M13 has backed companies such as SpaceX, Lyft, Pinterest, and Warby Parker, showcasing Carter’s ability to identify and nurture high-potential ventures.
Notable Works and Achievements
In 2018, Carter and Courtney co-authored “Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success,” a book that distills their experiences into actionable advice for aspiring entrepreneurs. The publication has been well-received for its practical insights and real-world applications.
Carter’s expertise has also led to appearances on television series like “Hatched,” and contributions to outlets such as The Huffington Post and Inc. Magazine, further establishing him as a thought leader in the entrepreneurial community.
Personal Life and Relationships
Carter’s personal life garnered widespread attention with his relationship with Paris Hilton. The couple, who had known each other for over a decade, began dating in 2019. They announced their engagement in February 2021 and married on November 11, 2021, in a lavish ceremony in Los Angeles. Their wedding was a three-day celebration, reflecting their shared appreciation for grandeur and elegance.
In January 2023, they welcomed their first child, a son named Phoenix Barron Hilton Reum, via surrogate. Later that year, in November, their family expanded with the birth of their daughter, London Hilton Reum. Carter also has a daughter from a previous relationship with reality TV star Laura Bellizzi. While he has provided for her since birth, their relationship is described as non-traditional.
Net Worth and Lifestyle
Carter’s net worth is estimated between $35 and $40 million, primarily derived from his entrepreneurial ventures and investments. His success with VEEV Spirits and M13 has afforded him a luxurious lifestyle, including properties in Los Angeles and New York. His partnership with Paris Hilton, whose net worth is estimated at $300 million, positions them as a formidable power couple in both business and entertainment circles.
Interesting Facts and Trivia
- Carter and his brother Courtney were inspired to create VEEV Spirits after recognizing a gap in the market for innovative alcoholic beverages.
- He is an advocate for sustainable and socially responsible business practices, which is reflected in the operations of his ventures.
- Carter and Paris Hilton’s wedding was documented in the Peacock docuseries “Paris in Love,” offering fans an intimate look into their relationship and nuptials.
Charitable Work and Legacy
Carter is involved in various philanthropic efforts, often aligning with causes that promote entrepreneurship and education. Through M13, he supports initiatives that foster innovation and provide resources for emerging entrepreneurs. His commitment to mentoring and investing in startups contributes to a legacy of empowering the next generation of business leaders.
Future Plans and Impact on Culture
Carter continues to expand M13’s portfolio, seeking out startups that are poised to disrupt industries and drive positive change. His partnership with Paris Hilton has amplified his influence in both the business and entertainment sectors, making them a dynamic duo known for blending entrepreneurial ventures with pop culture. As they navigate parenthood, Carter and Paris are likely to explore new opportunities that align with their personal and professional aspirations, further solidifying their impact on contemporary culture.
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