Adam Weitsman Net Worth | House | Cars | Jet | Instagram | Forbes | Bio

Introduction

Adam Weitsman was born on 13th June 1968 in Owego, New York &  is an American entrepreneur. He is the owner and chief executive officer (CEO) of Upstate Shredding – Weitsman Recycling which is a scrap metal processing company headquartered in Owego.

The company was awarded Scrap Company of the Year by American Metal Market in 2015 and 2016. His net worth is approx $ 1.2 billion (INR  90,00.00  Cr). He is also the CEO of Viridium LLC, a crypto mining farm spanning several locations throughout New York.

Quick Facts

Titles	Description
Real Name	Adam Joel Weitsman
Birth Place	Owego, New York
Birthday	13th June 1968.
Nationality	American.
Source of Income	Entrepreneur, philanthropist, owner and CEO of Upstate Shredding – Weitsman Recycling.
Age	53 years. (As of 2021).
Star sign	Gemini
School	Owego Free Academy
University	Long Island University in Brookville.
Educational qualification	Majored in banking at the C.W.
Height	5 feet 8 inches /172.72 cm Cm.
Weight	68 Kg / 149.91 Lbs.
Marital Status	Married (June 2006)
Wife	Kim Weitsman
Children	The couple have have three children Clover, Monroe, Rae.
Profession	Entrepreneur, philanthropist, owner and CEO of Upstate Shredding – Weitsman Recycling.
Awards	Platts Industry Leadership Award AMM Scrap Company of the Year Award
Website	https://www.upstateshredding.com/about/adam-weitsman/
Social Media
Twitter 3,066 followers	Twitter/Weitsman
Instagram 11.3 million followers	Instagram/Weitsman
FaceBook  4.9K Friends	FaceBook/Weitsman
Net Worth	$ 1.2 billion (INR  90,00.00  Cr).
Last Updated	December 2021.

Early Life

He developed an interest in art collecting early in life after his father and grandfather discovered two early American stoneware bottles during an excavation project in their scrapyard in 1980. He started collecting 19th-century stoneware and owned 60 pieces by 1982.

In 1986, Weitsman graduated from Owego Free Academy and majored in banking at the C.W. Post Campus of Long Island University in Brookville. 

In 1989, he started working at a Manhattan art gallery, Hirschl & Adler Folk and opened the American Folk Art Gallery in Greenwich Village in 1991. 

In 1995, he became vice president of Ben Weitsman & Son, a scrap processing company owned by his family before eventually purchasing it from his father.

Entrepreneurial Career

In 2005, he acquired Upstate Shredding’s sister company, Ben Weitsman & Son, Inc., after his father retired. 

He led Upstate Shredding to win Tioga County’s Business of the Year award between 2012 and 2016. He also acquired a scrap yard in New Castle, PA, a port facility in Albany, and Empire Recycling in Watertown, NY. 

That year, he also won the Platts Industry Leadership Award and the AMM Scrap Company of the Year award for the second year in a row. 

He along with his wife, Kim Weitsman, have invested in real estate in Skaneateles. In 2010. His wife purchased the Krebs restaurant, which was founded in 1899. The restaurant reopened in the summer of 2014.

In 2018, he started construction on a Mexican restaurant, Elephant and the Dove, in addition to the development of a sushi bar in Owego, NY. 

In 2020, he spread his wings of a new branch of business by sharing his business expertise via in-depth interviews with publications including Forbes Entrepreneur, and Yahoo Finance.

Philanthropy

He supports his local philanthropic efforts through personal funding and his restaurant, The Krebs which they both purchased in 2010. In 2015, the couple donated the restaurant’s profits to sixteen regional nonprofit organizations.

In January 2019, he donated $ 175,000 ( INR 1.31 Cr)  to four Boys & Girls Clubs in Owego, Binghamton, Syracuse, and Endicott, after promising on social media that he would donate if Syracuse Orange were to beat Duke Blue Devils in a men’s collegiate basketball game played on 14th January.

After that, he donated $ 100,000 (INR  75.08  Lacs) for the renovation and expansion of the Rescue Mission’s Clarence L. Jordan Food Service and Culinary Education Center in 2019. Next year, he donated $ 10,000  ( INR 7.50 Lacs) to Peter Coleman’s campaign to raise money to fight childhood cancer.

In 2020, he again donated $ 2,500 ( INR 1.87 Lacs)  to a program within the Tioga County Probation Department called, “Decision Points”. This program is organized to encourage at-risk youth to make better life choices.

Forbes

He is the CEO of Upstate Shredding-Weitsman Recycling in Owego, NY, knows this better than most. After losing his sister to cancer in the early 1990s, he left a prosperous career in New York City to return to his hometown and support his father in the family scrap metal business. 

He developed an interest in the processing side of scrap metal recycling, which led to the formation of his current business in 1996. 

He shares his story, as well as his business and charity work, on social media, and has been named a top Instagram influencer by HighKey agency. 

Wife

He is married to Kim Weitsman, they have three children together. He met his wife, Kim Weitsman in the summer of 2000. In 2004, Kim DeFrance left her modelling career to work alongside him as an operations manager for Upstate Shredding. They married in June 2006 in Skaneateles, New York.

He is an American Entrepreneur and Philanthropist who has an estimated net worth of $ 1.2 billion (INR  90,00.00  Cr). 

In 2021, he offered to pay $ 1,000,000 ( INR 7.51 Cr)  to local charities, after the win of the basketball team, Boeheim’s Army. He has also donated to a fundraising event for the Rebecca Weitsman Memorial Dog Park in Owego, New York. 

Private Jet

He has his private Gulfstream jet of $18.5 million ( INR 1,38.98 Cr). The couple also drives a $ 250,000 Rolls-Royce Ghost  ( INR 1.87 Cr). For a change of pace, they climb into a Lamborghini and cruise to a Finger Lakes summer retreat which they have renovated for $ 20 million  ( INR 1,50.24 Cr) and filled with museum-quality furnishings.

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