The estimated net worth of Carter Reum is $40 million.
The Los Angeles-based VC founded the angel investment M13 with his brother Courtney. Outside the start-up world, Carter is best known as the husband of Paris Hilton.
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Carter was born in Wayne, Illinois, on May 16, 1981. His mother, Sherry, was a finance manager and his father, Robert, was a businessman.
Carter attended Glenbard South High School and then went to Columbia University, where he finished a degree in Business and Managerial Economics.
Carter bases himself in Los Angeles with his current partner Paris Hilton.
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How did Carter Reum build his net worth?
Carter Reum makes his money primarily from the income generated by his angel investment firm, M13, which has made investments and exits in Lyft, Matterport, Ring, and Jessica Alba's The Honest Company.
He also makes money from royalties on the sale of his books about startup life and entrepreneurialism.
Other businesses and investment-related activities contribute to Carter Reum's net worth.
What I love about alcohol is that it's not rocket science -- it's a very tangible consumer product. I don't know if we ever could have started a technology company, because we'd have had to rely on other people. But what's great about this is that, assuming you've got a great product and a bottle, it really comes down to execution and how good of a company you run. ~Carter Reum
How has Carter Reum spent his wealth?
Reum has used his own personal wealth to invest in an oceanfront property in the exclusive Malibu suburb.
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How rich is Carter Reum?
Carter Reum is believed to be worth around $40 million.
Is Carter Reum a millionaire?
Yes. Carter Reum is a multi-millionaire.
Is Carter Reum a billionaire?
No. Carter Reum has not joined the billionaire club just yet.
Was Carter Reum born rich?
Yes. Carter Reum was born into a wealthy business family.