Carter Reum Net Worth: Carter Reum is a successful American entrepreneur, author, and venture capitalist. Best known for co-founding the investment firm M13 and his marriage to socialite and heiress Paris Hilton, Reum’s impressive career journey has garnered significant attention and spurred questions about his net worth. Let’s explore his entrepreneurial background and the sources of his substantial wealth.
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Table Of Contents
Who is Carter Reum?
Carter Milliken Reum is an entrepreneur and venture capitalist who has built a reputation for his business acumen. Along with his brother, Courtney Reum, he founded M13, an investment firm renowned for backing notable companies like Lyft, Pinterest, and SpaceX. Additionally, Reum co-authored the book Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success, sharing valuable insights for aspiring entrepreneurs.
How old is Carter Reum?
Carter Reum was born on February 5, 1981, making him 43 years old.
Career
Before founding M13, Reum worked at Goldman Sachs in their investment banking division. This experience provided a strong foundation for his subsequent entrepreneurial ventures. His success with M13 demonstrates a keen eye for promising startups and a talent for maximizing investment potential.
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How did Carter Reum get famous?
While Reum gained recognition in business circles, his profile rose significantly following his relationship and marriage to Paris Hilton. This high-profile association brought him into the realm of celebrity news and increased his public visibility.
Do Carter Reum have kids?
Yes, Carter Reum and Paris Hilton welcomed their first child, a son named Phoenix Barron Hilton Reum, in January 2023.
Carter Reum Net Worth
Carter Reum’s net worth is estimated to be around $45 million. His primary sources of income are his successful venture capital firm, M13, along with other business investments and his entrepreneurial endeavors.
Where did Carter Reum get his money?
Carter Reum accumulated his wealth primarily through:
- M13 Investments: His investment firm has backed highly profitable companies, generating substantial returns.
- VEEV Spirits: With his brother, Reum co-founded this successful alcohol brand.
- Book Authorship: His book, Shortcut Your Startup, provides an additional income stream.
- Other Business Ventures: Reum is involved in various other investments and projects that contribute to his wealth.
How rich is Paris Hilton?
Paris Hilton has an estimated net worth of around $300 million.
How did Paris Hilton meet Reum?
Paris Hilton and Carter Reum were longtime family friends before they began dating in 2019.
Did Paris Hilton inherit money from her grandfather?
Paris Hilton was set to inherit a portion of her grandfather Barron Hilton’s fortune, but he pledged the vast majority to charity. While she still receives income from the Hilton legacy, her own business ventures greatly contribute to her wealth.
How did Paris Hilton lose money?
Despite her substantial wealth, Paris Hilton has also experienced financial setbacks, including losses from failed business ventures and unwise investments.
Is Paris Hilton richer than her parents?
Yes, Paris Hilton’s net worth surpasses that of her parents, Rick and Kathy Hilton.
Conclusion
Carter Reum is a highly successful entrepreneur who has built his wealth through astute investments, strategic business ventures, and a visionary mindset. While his high-profile marriage has increased his exposure, Reum’s financial achievements stand firmly on their own merit.
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FAQs about Carter Reum Net Worth: How Much is the Entrepreneur Worth?
- What is Carter Reum’s primary source of income? M13, his venture capital firm.
- Is Carter Reum’s net worth primarily attributed to his marriage to Paris Hilton? No, his business success predates their relationship.
- Does Carter Reum have other business interests beyond M13? Yes, including real estate and media ventures.
- How does Carter Reum’s net worth compare to other venture capitalists? It’s substantial, positioning him within successful circles.
- What is Carter Reum’s philanthropic involvement? He and Paris Hilton support various charitable causes.
