Adam Weitsman Net Worth

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Adam Weitsman is an American Businessman and Chief Executive Officer of Upstate Shredding who sets up a business or businesses, taking on financial risks in the hope of profit and becoming a  largest privately-owned scrap metal processing companies in the United States. Adam Weitsman built a thriving business from the ground up and turning it into a multi-million dollar enterprise. From small family-run business to becoming one of America’s most successful businessmen.

Adam Weitsman’s life is inspirational.Adam Weitsman success is reflating is hard work and commitment to his work. In this article we will be discussing the net worth of Adam Weitsman, the owner and CEO of Upstate Shredding. We will cover his history, current trends, and future outlook. We will also provide a detailed biography, including his early life, career, family, relationships, personal life and other new activities. 

Networth

Adam Weitsman is one of the most successful businessmen in the United States and has an estimated net worth of $1.5 Billion. He has made his fortune through his investments in real estate and technology companies as well as from his successful scrap metal recycling business. He also earns a significant salary from his business ventures.

Adam Weitsman is an accomplished businessman and entrepreneur who has achieved tremendous success in his career. He is the owner of Upstate Shredding, the largest privately owned scrap metal recycling company in the United States, and has made numerous investments in real estate and technology companies. He is also an active philanthropist and has donated to various charities and causes. With an estimated net worth of $1.5 Billion and a successful business career, Adam Weitsman is an inspiring figure in the business world. Follow us here at Lana Rhoades Net Worth.

Wiki

Full Name  Adam Weitsman
Nick Name Adam Joel Weitsman
DOB June 13 1968
Born      Owego, New york,United States
Nationality  American
Net Worth (2023)     $1.5 Billion
Profession  Businessman
Age 54 Years Old as of 2023
Graduation Owego Free Academy
University C.W Post campus Brookvills
Qualification  Banking degree
Car   4+
Annual Income       $100 Million
Houses          12+
Wife                     Kim Weitsman
Height                    1.75 metres
Weight                   75 kg
Monthly income  $8 Million+
Zodiac sign  Gemini
Sex Orientation  Straight

Biography 

Adam Weitsman’s life journey is an intriguing tale of ambition, resilience, and philanthropy.Adam Weitsman born on 13 June 1968 in Owego, New York.He is the son of scrap metal recycling magnate, Alan Weitsman.Adam Weitsman full name is Adam Joel Weitsman.Adam Weitsman is 54 years old.Adam’s Wife name is Kim Weitsman a fashion model.Adam Weitsman joined his father’s business, Upstate Shredding, in 2000 and worked his way up to become the company’s president and CEO.

Adam Weitsman is a successful entrepreneur and has expanded the company to become the largest privately owned scrap metal recycling company in the United States. Adam has made numerous investments in real estate and has invested in technology companies. Adam Weitsman is also an active philanthropist and has donated to various charities and causes.

 

Early life

Adam Weitsman born in Owego, New york. Adam Weitsman ful name is Adam Joeln Weitsman.Adam Weitsman collector’s passion started when Adam father and grandfather found two American stoneware bottles during an excavation project at their own scrap yard in 1980.

Within two short years Adam Weitsman had collected 60 pieces of early American stoneware bottles. This kind of passion grabbed hold of him from the start.

Adam Weitsman graduated from Owego Free Academy in 1986. Adam Weitsman completed his university degree of Banking from C.W Post Campus of Long Island University of Brookville.

In 1989 Adam Weitsman start his career in Manhattan art gallery Hirschl and Adler Folk.Within two year Adam Weitsman established the American Folk Art Gallery in Greenwich Village and was appointed Vice President of Ben Weitsman & Son scrap processing company.Adam Weitsman bought his family company from his father which his family had owned for many generations and become single proprietor.

Career and Achievements

Adam Weitsman had an interest in art collection since childhood.In 1986 Adam Weitsman graduated from Owego Free Academy.

Adam Weitsman majored in Banking at Long Island University’s CW Post Campus in Brookville.In 1989 Adam Weitsman worked in Manhattan Art Gallery and Hirschl & Adler Folk to extend his experience after this in 1991 Adam Weitsman opened the American Folk Art Gallery in Greenwich Village.

In the wake of Adam Weitsman ‘s heartbreaking passing from cancer during the early 90s. Adam Weitsman abandoned his successful path in New York City and moved back to their hometown to manage his family’s scrap metal business As a result in 1995 Adam Weitsman became the vice president of a scrap processing company owned by his family and bought by his father. In 1997 Adam Weitsman opened Upstate Shredding at Tioga County Industrial Park in Omega.

In 2004 Adam Weitsman faced sentencing for check kiting and was ordered to pay a $1 Million fine before being incarcerated for eight months. In 2009 Adam acquired an 11 Acre junkyard in Solvay from Peter Matlow. Adam Weitsman led Upstate Shredding to win Tioga County’s Business of the Year Award in 2012.

Between 2012 and 2016 Adam Weitsman continued to expand his business by purchasing a scrap yard in New Castle PA and Port Facility in Albany in the end topped it off with Empire Recycling located in Watertown NY and all these companies became Upstate Shredding Weitsman Recycling.

Adam Weitsman also received  Platts Industry Leadership Award and Also his scrap business was honoured with the esteemed AMM Scrap Company of the Year Award for two consecutive years 2015 and 2016.

Real Estate Investments

Inspired to start his own company and drawing on their real estate investments in Skaneateles, Adam and Kim Weitsman made a significant acquisition when Kim bought the Krebs restaurant established way back in 1899.

In the summer of 2014 Adam Weitsman reopened restaurant doors. Not only Adam Weitsman devoted his funds to local philanthropic efforts through this eatery but in 2015 Adam and his wife Kim donated 100% of proceeds to 16 distinct non profit organisations throughout the area.

With no signs of slowing down any time soon in 2018 construction began on two additional restaurants Elephant and the Dove, a Mexican restaurant as well as a sushi bar located right in Owego, New York.On April 11th, 2019 these projects were completed with an official grand opening ceremony that showcased their delicious new dishes.

In 2021 Adam Weitsman proudly partnered with Danielle Mecuri of Rise N Shine restaurant to open a new Italian eatery in East Syracuse.

Adam Weitsman’s portfolio includes various residential and commercial properties in New York and other states, further contributing to his overall net worth and providing additional income streams.

Adam Weitsman’s real estate holdings showcase his strategic approach to diversifying his investment portfolio. By investing in properties Adam Weitsman not only generates rental income but also benefits from the appreciation of real estate values over time. His keen eye for lucrative real estate opportunities has enabled him to accumulate wealth and expand his financial empire.

A luxury penthouse in Manhattan with breathtaking views of the city skyline. A commercial building in downtown Syracuse leased to multiple high-profile tenants. A waterfront estate in the Hamptons known for its stunning architecture and exclusive location.

Adam Weitsman’s real estate investments have played a crucial role in his overall wealth accumulation. By strategically acquiring and managing properties Adam Weitsman has been able to generate additional income and build a diverse investment portfolio. Adam Weitsman’s success in real estate further highlights his entrepreneurial acumen and his ability to identify lucrative opportunities in various industries.

Family

Adam Weitsman leads a fulfilling personal life and is dedicated to philanthropic endeavors.Adam Weitsman is happily married to Kimberly DeFrance, a former fashion model.The first time Adam Weitsman met his wife was in the summer of 2000. Kim was pursuing a modelling career when she helped her husband with his scrap business in 2004.

Kim assumed responsibilities as an operations manager at Upstate Shredding. Their wedding took place in Skaneateles, New York, in June of 2006. Their three children are Clover, Monroe, and Rae. 

Adam Weitsman family resides in a stunning mansion located in Skaneateles, NY, surrounded by the natural beauty of the area.

In addition to his family life, Weitsman is known for his generous contributions to various charitable causes. He believes in making a positive impact on the lives of others and has made significant donations to organisations

Personal Life

Since 1998, Adam Weitsman has been actively contributing to charitable causes.Adam Weitsman has an extensive collection of 19th-century American stoneware that Adam graciously gifted and donated to the New York State Museum in Albany for years.

In 2019 Adam Weitsman donated $100,000 to the Rescue Mission’s Clarence L. Jordan Food Service and Culinary Education Center for renovation and expansion.

In 2020 Adam Weitsman committed to donating an entire college campus he acquired for any government agency whether federal, state, or local to use as a base camp and aid the fight against the Coronavirus by searching for a cure. The same year Adam Weitsman generously donated $2,500 to the Tioga County Probation Department for their new Decision Point program. This initiative is devoted to providing at risk youth with the resources and tools necessary to make informed decisions.

In 2021, after the victory of Boeheim’s Army in the basketball tournament Adam Weitsman promised to donate an impressive $1 million to local charities. 

Favorites and other Venture

Adam Weitsman’s success in the business world has allowed him to become a passionate philanthropist making significant contributions to various charitable causes. His dedication to giving back to the community reflects Adam’s values and desire to make a positive impact on the lives of others.

One of Adam Weitsman notable philanthropic endeavours is his support for the New York State Museum. Through Adam generous donations he has helped preserve and promote New York’s rich cultural heritage, allowing future generations to appreciate and learn from the state’s history.

Adam Weitsman’s commitment to education and culture extends further with his contributions to the Rescue Mission’s Clarence L. Jordan Food Service and Culinary Education Center. By supporting this organisation, he helps provide culinary education and job opportunities for individuals in need empowering them to create a better future for themselves and their families.

Conclusion

Adam Weitsman is a successful entrepreneur, businessman, and philanthropist. He is the owner and CEO of Upstate Shredding Weitsman Recycling, a scrap metal processing company headquartered in Owego,One of Adam Weitsman notable philanthropic endeavours is his support for the local community. Adam Weitsman helps provide culinary education and job opportunities for individuals in need, empowering them to create a better future for themselves and their familiesFeel free to share your opinions in the comments below and be sure to check out scnews1 for captivating updates.

Frequently Ask Questions (Faqs)

  • What is Adam Weitsman net worth?

Adam Weitsman net worth is around $1.5 Billion.

  • What is Adam Weitsman’s annual salary?

Adam Weitsman annual salary is around $100 Million.

  • How old is Adam Weitsman?

Adam Weitsman is 54 years old.

  • Is Adam Weitsman in a relationship?

Adam Weitsman is a married man and his wife’s name is Kimberly DeFrance.

  • Does Adam Weitsman have a child?

Adam Weitsman has three children, one daughter and two twins named Clover, Monroe, and Rae.