Carter Reum is a well-known businessman who has also found success as an investor and writer. He is famous for starting the financial firm M13 and the liquor company VEEV Spirits. What is his net worth in 2023?
Early Life and Profession
Carter Reum was born on December 10th, 1981 in Chicago. He majored in economics and went to school at New York’s Columbia University. He started his professional life as an investment banker at Goldman Sachs after college and stayed there for a while before leaving to start his own business.
Spirits by VEEV
VEEV Spirits is a premium vodka brand that was established in 2007 by brothers Carter and Courtney Reum. The company’s success can be attributed to its core value—the production of a sustainable and environmentally friendly alcoholic beverage.
In 2010, Inc. Magazine recognized VEEV Spirits as one of the fastest-growing companies in America. The company was sold to Luxco in 2016 for an undisclosed sum.
Carter Reum’s M13
With the success of selling VEEV Spirits, Carter Reum started M13, an early-stage investment firm. The company’s portfolio includes such diverse names as Lyft, Warby Parker, and SpaceX.
M13 does more than just invest in startups; it also provides its portfolio firms with business mentoring and coaching. Investors have benefited from the company’s success, which many attributes in large part to Carter Reum’s management.
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Carter Reum’s Authorship
Carter Reum has written books in addition to running successful businesses. His 2018 book, “Shortcut Your Startup: Speed Up Success with Unconventional Advice from the Trenches,” was written alongside another entrepreneur.
This book is a great resource for anyone interested in starting or expanding their own business. It is based on Carter Reum’s work as an entrepreneur and investor, and it has been praised by both readers and reviewers.
Philanthropy
Carter Reum gives back to the community in other ways as well. He’s a member of the board of a charity that helps feed the hungry all around the greater Los Angeles area.
He has also volunteered with Pencils of Promise, a group that fights global poverty by helping to construct schools and expand educational opportunities in underdeveloped regions.
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Total Value
It has been reported that Carter Reum has a net worth of approximately $40 million. This fortune is the result of his many successful business endeavours, such as VEEV Spirits and M13. Carter Reum has likely bolstered his wealth through a combination of business success and investment returns.
Lifestyle Issues
Carter Reum (Instagram account) is engaged to socialite, entrepreneur, and heiress Paris Hilton. They started dating late in 2019 and made their engagement official in February 2021.
They’ve made public appearances together on numerous social media platforms, where they’ve shown their love for one another and discussed their common passion for entrepreneurship and the business world.
Summary
An influential figure in the corporate world, Carter Reum has made his mark as an entrepreneur, investor, author, and philanthropist. His leadership at M13 and his co-founding of VEEV Spirits have been crucial to his success, and his book “Shortcut Your Startup” has served to motivate and instruct aspiring business owners.
Carter Reum is one of the world’s wealthiest businesspeople, with an estimated net worth of $40 million. He’s still a major player in the corporate world, and he’s going to develop a lot of new connections.