Know about the total net worth of the famous entrepreneur: Carter Reum

Carter Reum is one of the most famous and successful entrepreneurs, investors, and authors. He is the one who has single-handedly made a name for himself in the business world and has amassed a very good net worth over the past decades. So, in this post, we will discuss Carter Reum’s net worth, his career, and the sources of his wealth.

Early Life and Education

As per the findings, it has been found that Carter Reum was born on February 5, 1981. The place of his birth is in Wayne, Illinois, United States. He has established a name for himself in the business world because he is born and brought up in a family of entrepreneurs. Yes, you are hearing that right, his father was the founder of a popular wine and spirits distribution company. Carter attended Columbia University, where he obtained a Bachelor of Arts in History.

Career

Soon after getting graduation from school, Carter Reum started his career in investment banking, working for Goldman Sachs. After this, he joined his brother’s startup, M13, as a co-founder and partner. This is a famous firm that has made investments in many companies, including Lyft, Ring, and Slack.

In addition to his work at M13, Carter Reum has also come up with many companies under his own name. He co-founded VEEV Spirits, a premium vodka brand, in 2007 with his brother Courtney. This is the company that gained popularity so soon and was eventually acquired by Luxco in 2016. Reum has also co-founded the startup Air Bed and Breakfast, which later became Airbnb.

In the present years, Carter Reum has focused on building his own brand and has written several books on entrepreneurship and personal development. Some of the companies in which he has invested, include The Honest Company, a consumer goods company founded by Jessica Alba.

Net Worth

As of the present year, the estimated worth of the famous businessman is approximately $500 million. The primary source of his wealth is through the investments in startups, this has helped him to earn significant returns in the past years. His investment in Lyft, for example, earned him over $100 million when the company went public in 2019.

In addition to his investments, Carter Reum has also earned a significant amount of money from the sale of his companies. The sale of VEEV Spirits, for example, earned him and his brother over $100 million. Hence, his impressive worth makes him a rich personality in the business world.

Personal Life

Carter Reum is engaged to Paris Hilton, a popular socialite, and media personality. The couple has been together since 2019 and announced their engagement in February 2021. They are both actively involved in philanthropic activities and have donated to several causes over the years.

Overall, Carter Reum is a successful entrepreneur and investor with a net worth of around $500 million. Therefore, his successful career and business ventures have made him a prominent figure in the business world.