Paris Hilton and husband Carter Reum have just announced exciting baby news so what is his estimated net worth? We’re sure their little one has a secure future!

Paris and Carter just announced the birth of their first child together. The entrepreneur and hotel heiress married in 2021 and the couple now share a baby, The Sun reports.

Paris, 41, took to Instagram on Tuesday, January 24, 2023, to share a photo of her holding the hand of a baby. She captioned the post: “You are already loved beyond words.”

The caption was accompanied by a blue heart emoji, perhaps hinting the baby is a boy. Paris and Carter have yet to share more details about the baby.

Carter is known to have a daughter with reality TV star Laura Bellizzi, who appeared on the VH1 show Secrets Of Aspen.

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Carter Reum’s net worth explored

Finty estimates Carter Reum’s net worth at about $40 million. When Carter’s brother Courtney appeared on the podcast Built To Sell he offered some insight.

In the early 2000s, the brothers launched the alcohol spirit brand VeeV, which Huffington Post reports were making $5 million a year by 2009. In the podcast, Courtney revealed they sold VeeV in 2010 for more than seven times its annual revenue, which would be about $35 million.

Experts have claimed the diamond engagement ring he bought Paris is worth at least $1 million. Paris Hilton took to her website and YouTube channel to tell fans a little more about the incredible bling.

It was designed by Jean Dousset, great-great-grandson of Cartier, and inspired by the vaulted glass ceiling in the Grand Palais, Paris.

Watch a video about the engagement ring’s design below:

Who is Carter Reum?

Carter Reum is an author and entrepreneur known for founding investment firm M13 Ventures.

The 40-year-old hails from Illinois and attended Colombia University. He has backed many startups including Daily Harvest, Lyft, and Rothy’s. He published a book in 2018 entitled Shortcut Your Startup: Ten Ways To Speed Up Entrepreneurial Success. 

Now, Carter is best known for being the husband of Paris Hilton.

Here’s Paris wishing Carter a happy birthday:

Paris and Carter’s relationship

Paris revealed on the podcast The Trend Report With Mara Schiavocampo that their relationship took off following a Thanksgiving dinner in 2019.

She said: “We just started talking, he got my phone number and we were flirting that day. We went back for dinner that night. I just saw how sweet he was with his mom. We were talking more and I just felt this really amazing connection.

“Then we had our first kiss and then our first date two nights later. We’ve literally been inseparable ever since.”

She didn’t officially announce the relationship until April 2020, when she wrote in an Instagram post: “Happy anniversary my love. My favorite thing to do is make memories with you. Your kisses are magical. I love being yours and knowing you’re mine.”

Less than a year later, the pair were engaged. Paris and Carter marriedon November 11, 2021, at her late grandfather Barron’s Bel-Air estate, The Sun reports. Paris wore an Oscar de la Renta gown. 

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