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 the largest privately-owned scrap metal processing company in the United States. Adam built a thriving business from the ground up and turned it into a multi-million dollar enterprise. From a small family-run business to becoming one of America’s most successful businessmen. Adam’s life is inspirational.
Adam Weitsman’s success results from his hard work and commitment. In this article, we will discuss his net worth as the owner and CEO of Upstate Shredding. We will also 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.
Adam Weitsman Wiki
| Full Name | Adam Weitsman |
| Nick Name | Adam Joel Weitsman |
| DOB | June 13, 1968 |
| Born | Owego, New York, United States |
| Nationality | American |
| Net Worth (2024) | $1.5 Billion |
| Profession | Businessman |
| Age | 55 Years Old as of 2024 |
| 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 |
| Orientation | Straight |
Adam Weitsman Biography
Adam Weitsman’s life journey is an intriguing tale of ambition, resilience, and philanthropy. He was born on June 13, 1968, in Owego, New York, the son of scrap metal recycling magnate Alan Weitsman. Adam full name is Adam Joel Weitsman. He is 54 years old. Adam’s Wife is Kim Weitsman, a fashion model. Adam joined his father’s business, Upstate Shredding, in 2000 and worked his way up to become the company’s president and CEO.
Adam 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 is also an active philanthropist and has donated to various charities and causes.
Early life
Adam Weitsman was born in Owego, New York. Adam ful name is Adam Joeln Weitsman. Adam collector’s passion started when Adam’s father and grandfather found two American stoneware bottles during an excavation project at their own scrap yard in 1980.
Within two short years, Adam had collected 60 pieces of early American stoneware bottles. This passion grabbed hold of him from the start. Adam graduated from Owego Free Academy in 1986 and completed his university degree in Banking from C.W. Post Campus of Long Island University of Brookville.
In 1989, Adamstarted his career in the Manhattan art gallery Hirschl and Adler Folk. Within two years, He established the American Folk Art Gallery in Greenwich Village and was appointed Vice President of Ben Weitsman & Son scrap processing company. Adam bought his family company from his father, which his family had owned for many generations, and became a sole proprietor.
Career and Achievements
Adam Weitsman has been interested in art collections since childhood. In 1986, He graduated from Owego Free Academy and majored in Banking at Long Island University’s CW Post Campus in Brookville. In 1989, he worked at the Manhattan Art Gallery and Hirschl & Adler Folk to extend his experience. In 1991, he opened the American Folk Art Gallery in Greenwich Village.
In the wake of Adam heartbreaking passing from cancer during the early 90s. Adam 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 became the vice president of a scrap processing company owned by his family and bought by his father. In 1997 Adam opened Upstate Shredding at Tioga County Industrial Park in Omega.
In 2004 Adam 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 led Upstate Shredding to win Tioga County’s Business of the Year Award in 2012.
Between 2012 and 2016, Adam continued to expand his business by purchasing a scrap yard in New Castle, PA, and a Port Facility in Albany. In the end, he had topped it off with Empire Recycling located in Watertown, NY, and all these companies became Upstate Sh. Adam also received the Platts Industry Leadership Award, and his scrap business was honoured with the esteemed AMM Scrap Company of the Year Award for two consecutive years, 2015 and 2016. You may know about it here at michael lockwood.
Real Estate Investments
Inspired to start his own company and draw on their real estate investments in Skaneateles, Adam and Kim Weitsman made a significant acquisition when Kim bought the Krebs restaurant, established in 1899. In the summer of 2014, Adam Weitsman reopened restaurant doors. Not only did Adam devote his funds to local philanthropic efforts through this eatery, but in 2015, Adam and his wife Kim donated 100% of the 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 proudly partnered with Danielle Mecuri of Rise N Shine restaurant to open a new Italian eatery in East Syracuse.
Adam portfolio includes various residential and commercial properties in New York and other states, which contribute to his overall net worth and provide additional income streams. Adam real estate holdings showcase his strategic approach to diversifying his investment portfolio. By investing in properties, Adam 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 real estate investments have played a crucial role in his overall wealth accumulation. By strategically acquiring and managing properties, he has generated additional income and built a diverse investment portfolio. His success in real estate further highlights his entrepreneurial acumen and his ability to identify lucrative opportunities in various industries.
Net Worth
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 is an accomplished businessman and entrepreneur who has achieved tremendous success in his career. He owns 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 is an inspiring figure in the business world.
Family
Adam Weitsman leads a fulfilling personal life and is dedicated to philanthropic endeavours. He is happily married to Kimberly DeFrance, a former fashion model. Adam Weitsman first met his wife 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. They were married in June 2006 in Skaneateles, New York. Their three children are Clover, Monroe, and Rae. Adam 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 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 donated $100,000 to renovate and expand the Rescue Mission’s Clarence L. Jordan Food Service and Culinary Education Center.
In 2020 Adam 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 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 Boeheim’s Army won the basketball tournament, Adam promised to donate an impressive $1 million to local charities.
Favourites 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 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 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 owns and is CEO of Upstate Shredding Weitsman Recycling, a scrap metal processing company headquartered in Owego. One of Adam notable philanthropic endeavours is his support for the local community. Adam helps provide culinary education and job opportunities for individuals in need, empowering them to create a better future for themselves and their families. Feel free to share your opinions in the comments below, and be sure to check out erothots for captivating updates.
Frequently Ask Questions
- What is Adam Weitsman net worth?
Adam Weitsman net worth is around $1.5 Billion.
- What is Adam Weitsman’s annual salary?
Adam annual salary is around $100 Million.
- How old is Adam Weits man?
Adam Weits man is 54 years old.
- Is Adam Weitsman in a relationship?
Adam is a married man and his wife’s name is Kimberly DeFrance.
- Does Adam Weits man have a child?
Adam Weits man has three children, one daughter and two twins named Clover, Monroe, and Rae.
