Rum is a delightful drink we all know, and there are also many a reasons why we've all got our bet on rum. Let's admit "there is no drink more versatile and popular across the world than rum." Rum is one of the oldest spirits. It is a fermented and distilled spirit made primarily from sugarcane juice or its byproducts like molasses. It gets its rich colors, flavors and depth after being aged in oak barrels for a good amount of time.