Adam Weitsman Net Worth: Adam Weitsman is the founder and CEO of Upstate Shredding – Weitsman Recycling, a scrap recycling and processing firm in Upstate New York. Adam was born and raised in Owego, New York, where the company’s headquarters are located. Opened its doors in 1996, Upstate Shredding is located in Owego. There are currently 13 yards around the state. The company is the largest privately-owned business of its kind on the East Coast. Let’s take a look at Adam Weitsman net worth, bio, wiki, age, height, weight, wife, kids, income, donations, and more.
|Adam Joel Weitsman
|13 June 1968
|Owego, New York, U. S.
|Adam Weitsman Net Worth
Early Life | Biography
Adam was born on June 13, 1968, in the town of Owego, New York. He comes from a long line of scrap metalworkers. A father and grandfather found two early American stoneware bottles in 1980 while excavating in their scrapyard. They then began collecting ceramics from the nineteenth century. A collection of 60 pieces of ancient stoneware had already been amassed by 1982. The Owego Free Academy is where he received his education. His next step was to enroll at Long Island University and major in banking. At the time, he worked in a Manhattan art gallery.
His sister died of cancer in the early 1990s. He returned to his hometown after the death of his sister to assist his father in the family’s scrap metal business. A gallery he founded in Greenwich Village in 1991 is called American Folk Art Gallery. The company Ben Weitsman & Son, which processes scrap, hired him as a Vice President in 1995.
He eventually formed his own company, Upstate Shredding, after becoming increasingly interested in recycling scrap metal. His company was founded in 1997 in the Tioga County Industrial Park. The business he bought from his father after his death in 2005 is Ben Weitsman & Son, Inc.
In New York, Adam added an 11-acre scrape yard to his business by purchasing it from Peter Matlow. During the time span from 2012 to 2016, he bought Empire Recycling in Watertown and a scrap yard in New Castle. In those days, the company was known as Upstate Shredding-Weitsman Recycling. Business of the Year for Tioga County was given to his company in March 2010.
In addition to his work in the scrap processing industry, he has also invested in real estate in Skaneateles. In 2018, Adam opened a Mexican restaurant called Elephant and the Dove, which he operates independently. He also opened an Omega sushi restaurant. In 2024, he announced he would open an Italian restaurant with Rise N Shine owner Danielle Mercuri.
Wife And Kids
The wife of Adam is Kim Weitsman. The first time he met his wife was in the summer of 2000. Kim was pursuing a modeling 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 Net Worth
By 2024, Adam Weitsman Net Worth is expected of approximately $1.2 billion. He has made a lot of money from scrap metal processing. His other interests include philanthropy. Aside from ALS and cancer research, he has donated to education, youth, health, and community services.
Several of his philanthropic endeavors are supported by personal funds and his restaurant, The Krebs, which he bought with his wife in 2010. The restaurant’s proceeds were donated to 16 local charities in 2015 by Adam and his wife.
The New York State Museum in Albany has been displaying Weitsman’s 19th-century American stoneware collection since 1998.
After pledging on social media that if the Syracuse Orange beat the Duke Blue Devils in a men’s NCAA basketball game on January 14, he would donate $175,000, he donated $175,000 to four Boys & Girls Clubs in Owego, Binghamton, Syracuse, and Endicott in January 2019.
The following year, he donated $10,000 to Peter Coleman’s initiative to raise money to fight juvenile cancer, and he donated $100,000 to the Clarence L. Jordan Food Service and Culinary Education Center at the Rescue Mission.
The Weitsman Foundation donated $2,500 to the Tioga County Probation Department’s “Decision Points” program in 2020. The goal of this program is to motivate at-risk adolescents to make better decisions in their lives. To develop a treatment for Coronavirus, he offered a college campus he had acquired to any federal, state, or local government agency.
What is the height of Adam Weitsman?
He is 1.75 m tall.
Who is the wife of Adam Weitsman?
Kim Weitsman is the name of his wife.
What is the age of Adam Weitsman?
He is 53 years old.
What is the net worth of Adam Weitsman?
Adam Weitsman Net Worth is estimated to be $ 1.2 billion as of 2024.