With income from his business and real estate investments, Carter Reum has amassed a net worth of $40 Million as of 2022.
Carter Reum is an American entrepreneur and author. Together with his brother Courtney Reum, he founded VEEV Spirits, a vodka brand. The company has been very successful and was listed by Inc Magazine as one of the fastest growing private companies in America.
Because of his success, Reum was also featured in the book ‘Screw Business as Usual’, a best-selling book by Richard Branson. Carter Reum also co-authored the book ‘Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success’ with his brother Courtney.
The book details their career successes and shows aspiring entrepreneurs how to achieve their goals. He also writes for magazines such as the Huffington Post and Inc. magazine. He is currently in a relationship with famous American celebrity Paris Hilton.
Today we’re going to discuss how much money Carter Reum has and how he builds his net worth.
At the end of this article, we will also tell you how to get rich like Carter Reum. So be sure to read to the end.
Carter Reum Net Worth 2022
Carter Reum has an estimated net worth of $40 Million in 2022. Rum is an entrepreneur, author, and venture capitalist. He earns most of his income from his business and real estate investments. He also earns money from the royalties from his books about startups. His annual income is more than $2 million.
Carter Reum makes a lot of money through his angel investment company M13 Ventures, which has made investments and exits in Lyft, Matterport, Ring, and Jessica Alba’s The Honest Company.
Carter Reum is best known for his alcohol brand VEEV Spirits. He founded VEEV Spirits with his brother Courtney, which was listed among Inc. Magazine’s 5000 fastest-growing private companies. As they created VEEV, they drew from their experience investing in companies like SpaceX, Lyft and Pinterest.
His most famous work is about shortening the startup process in his book titled “Shortcut Your Startup: 10 Ways to Speed Up Entrepreneurial Success.” Reum coauthored the book with his brother. In the book, the Reums’ experiences are used to teach entrepreneurs how to reach their goals.
To calculate the net worth of Carter Reum, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as student loans and credit card debt, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$40 Million|
|Annual Income:||$2 Million+|
|Source of Wealth:||Businessman|
Carter Reum Net Worth Last 5 Years
|Net Worth 2022:||$40 Million|
|Net Worth 2021:||$38 Million|
|Net Worth 2020:||$36 Million|
|Net Worth 2019:||$34 Million|
|Net Worth 2018:||$32 Million|
How Did Carter Reum Build His Net Worth?
Carter Reum built his net worth through his business ventures and real estate investments. Paris Hilton, a well-known celebrity, is his wife.
Like Paris, Carter comes from a wealthy family. Carter’s dad, Bob Reum, was the chairman, president, and CEO of Amsted Industries, one of the largest private companies in the country. Carter’s dad must have made a pretty good salary because that company is currently valued at $4 billion, according to Forbes.
Now, let’s take a closer look at how Carter Reum built his net worth of $40 Million.
How Much Money Does Carter Reum Make From Businesses?
First, Carter Reum makes money from his businesses. But how did he get started? Carter Reum co-founded the premium spirits company VEEV at the age of 25 after becoming bored with his drinking habits.
VEEV Spirits was the first spirit to be made with acai and the first to be produced in a large-scale facility. In 2016, the company was eventually acquired by beverage company Luxco.
Next, Reum and his brother built an investment firm called M13. It was soon reported that they syndicated $100 million in investments in several startups.
The company’s name comes from ‘Messier 13,’ the brightest star cluster in the galaxy, known because the collection of stars shines brighter than the sum of all the individual stars.
How Much Money Does Carter Reum Make From Books?
Second, Carter Reum makes a lot of money from his books. In 2018, Carter Reum co-authored the book ‘Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success’ with his brother Courtney.
In the book, they describe their professional successes and give advice to entrepreneurs on how to succeed. They also talk about lessons they learned over the years investing in companies like Lyft, SpaceX, Pinterest and Warby Parker.
The book was dedicated to W. Robert Reum, Carter and Courtney Reum’s father, who passed away while they were still writing the book.
The book was praised by Arianna Huffington, the famous author and columnist and co-founder of the Huffington Post. Famous American author and life coach Tony Robbins has also praised the book, stating that the book reveals some of the tactics used by several startups to scale, disrupt and succeed.
Carter Reum also writes for the Huffington Post and Inc. magazine. He has also appeared as a guest on TV networks such as FOX and CBS. He also made an appearance on the business reality competition show ‘Hatched’.
How Much Are Carter Reum’s Cars Worth?
Since Carter Reum is rich, he owns some luxurious cars. Let’s take a look at his car collection.
|Carter Reum Car Collection||Price (USD)|
|BMW 3-Series Convertible||$59,800|
1. BMW 3-Series Convertible ($59,800)
The 3 Series has a new, improved design with the brand’s latest technology and more refined luxury. It features a 255-horsepower turbocharged four-cylinder and a 385-horsepower turbocharged six-cylinder, as well as a new plug-in hybrid model with rear-wheel or all-wheel drive and an eight-speed automatic transmission.
2. Audi A7 ($88,900)
The Audi A7 is between the Audi A6, which is a great luxury car with a sporty feel, and the Audi A8, which is the most luxurious Audi you can buy. The Audi A7 looks and drives well, and its hatchback design makes it much more practical.
3. Range Rover ($135,670)
This SVA is a full-fledged Range Rover, and it is also the most expensive Range Rover produced. Range is mostly used by famous personalities, businessmen and other wealthy people. Autobiography is all about being well off and living in a very nice place. The SVA is powered by a 4999 cc supercharge eight-cylinder engine that makes 557 HP. The Range Rover also features a long wheelbase that makes the rear seats even more comfortable and gives passengers more legroom.
What Houses Does Carter Reum Own?
Given Carter Reum’s wealth, you can assume that his house is more expensive than ordinary people’s. And since real estate is a common investment vehicle, we can safely assume that he owns several houses.
You can see Paris Hilton & Carter Reum’s $8.4 Million house in this video.
Carter Reum’s Personal Life and Wife
Carter Milliken Reum was born on February 5, 1981, in Wayne, Illinois. His father, W. Robert Reum, was a prominent businessman who was also known for his philanthropic activities.
In 2020, Carter Reum was rumored to be dating Paris Hilton, a famous American celebrity, after the two were seen at an event after the Golden Globe Awards. On April 30, 2020, they confirmed their relationship on Instagram when Paris Hilton posted a photo of herself and Carter Reum kissing on her social media profile.
How Much Does Carter Reum Make a Year?
According to some reports, Carter Reum’s annual income is over $2 Million.
FAQs About Carter Reum
How rich is Carter Reum?
As per the record of media, Carter Reum’s net worth is estimated to be around $40 Million in 2022.
How tall is Carter Reum?
Carter Reum is 5 feet 11 inches tall.
How old is Carter Reum?
Carter Reum was born February 5, 1981. He is 41 years old as of 2022.
How did Carter Reum make his money?
Carter Reum sold his vodka company, VEEV, for seven times its annual revenue, and has made a pretty good living from his business ventures and investments.
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How To Become Rich Like Carter Reum?
Carter Reum did not become rich by luck. To become as rich as Carter Reum, you have to work smart.
Successful people become rich because they take advantage of the opportunities that come their way. They are in the right place at the right time and take the right action.
Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.
Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.
You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.
If you seize this golden opportunity in time, you can become as successful as Carter Reum one day.