Not just Paris Hilton’s fiancé: Carter Reum is the millionaire behind venture capital firm M13 … but will the camera-shy entrepreneur appear in wedding docuseries Paris in Love?
- The son of W. Richard Reum, CEO of Amsted Industries in Chicago, Carter and his brother Courtney launched acai spirits brand Veev and co-wrote Shortcut Your Startup
- The brothers’ venture capital firm invested in SpaceX, Pinterest, Lyft, Snapchat and Headspace … and Hilton said on her podcast that he ‘works harder than anybody’
So who is Carter Reum, the 40-year-old man who the party queen is tying the knot with? He’s a total catch, it turns out …
His dad is a millionaire
Born in 1981, Carter Reum was the son of W Robert Reum, former president, chairman and CEO of Chicago-based Amsted Industries, one of the largest private enterprises in the US, as listed by Forbes. The publication also reports that it is worth about US$4 billion. Robert was also former chairman of Waste Management Inc. and vice-chairman of the Chicago Symphony Orchestra, according to Bloomberg.
In 1962, Robert led Yale University’s basketball team to the NCAA tournament berth. When he passed away due to complications from cancer in 2017, his net worth was estimated to be at least US$6.1 million, according to Wallmine.
He is a multimillionaire entrepreneur too
Carter, along with his brother Courtney, launched the premium spirits company Veev, the first of its kind making liquors from acai fruit, in 2007. Veev was recognised as an Inc. Magazine’s “500 Fastest-Growing Private Company in America”, and honoured in Goldman Sachs’ 100 “Most Intriguing Entrepreneurs” list. It had US$10 million in annual sales before being sold to the beverage company Luxco for more than seven times’ its revenue in 2016, according to Built to Sell.