Adam Weitsman is an American businessman and philanthropist with a net worth of $1.2 billion. He is the owner and CEO of Upstate Shredding – Weitsman Recycling, born June 13, 1968 in Owego, New York.
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As of 2024, his annual income is $50 million. He became interested in art collecting after his father and grandfather discovered the first two stoneware bottles during an excavation project at his junkyard in 1980.
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Adam Weitsman started collecting 19th century pottery and owned 60 pieces by 1982. In today’s post, we will tell you many facts about Adam Weitsman as well as find out the details of his net worth.
Adam Weitsman Net Worth (2024)
| Full name | Adam Weitsman |
| Job | Businessmen |
| Net worth (2024) | $1.2 billion |
| Monthly income | 5 million dollars |
| Annual income | 50 million dollars |
| Factors | Business |
| Last updated | 2024 |
Adam Weitsman Net Worth Growth
| Net worth 2024 | $1.2 billion |
| Net worth 2023 | $1.1 billion |
| Net worth 2022 | $0.8 billion |
| Net worth 2021 | $0.7 billion |
| Net worth 2020 | $0.7 billion |
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Adam Weitsman’s career
Adam Weitsman was born in New York in 1968. An art collector since childhood, Weitsman is now a billionaire. But let’s take a look at his career. In 1986, Adam Weitsman graduated from Owego Free Academy.
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He majored in banking at Long Island University’s CW Post Campus in Brookville. In 1989, Adam Weitsman worked at art galleries such as Manhattan Art Gallery and Hirschl & Adler Folk, expanding his experience.
He then opened the American Folk Art Gallery in Greenwich Village in 1991. As a result, in 1995 he became vice president of a scrap metal processing company owned by his family and purchased by his father.
In 1997, Adam Weitsman opened Upstate Shredding in the Tioga County Industrial Park in Omega. Adam Weitsman also acquired Upstate Shredding’s sister company after his father retired. And in 2009, Adam purchased an 11-acre scrap yard in Solvay from Peter Matlow.
He led Upstate Shredding to win the Tioga County Business of the Year award in 2012. In 2020, Adam Weitsman donated $2,500 to the Tioga County Probation Department called “Decision Point,” a program that aims to help at-risk youth make better choices.
Weitsman’s Favorite Things
| Favorite Actor | Will Smith |
| Favorite Actress | Jennifer Lawrence |
| Favorite singer | Michael Jackson |
| Favorite Apps | |
| Favorite game | Do not have |
| Favorite food | Don’t know |
| Favorite song | Don’t know |
| Favorite athlete | Mass |
| Favorite movies | Don’t know |
| Favorite cricket player | AB Devilliers |
| Favorite soccer player | Ronaldo |
| Favorite TV Show | Don’t know |
| Interest | Drive |
About
| Net worth | $1.2 billion |
| Name | Adam Weitsman |
| Year old | 56 years old |
| Height | (1.75 meters) |
| Weight | 75 KG (Approx.) |
| Job | Businessmen |
| Date of birth | June 13, 1968 |
| Place of birth | USA |
| Nationality | American |
| Wage | 50 million dollars |
| Couple | Kimberly DeFrance |
“As an individual, I cannot change the world, but I can change one person’s world.”
– Adam Weitsman
Adam Weitsman’s social media accounts
Personal life
Adam Weitsman is married to Kimberly DeFrance, a fashion model. They first met in 2000 in New York, when she was on her way to visit her father in Owego. She gave up her modeling career in 2004 to help Weitsman with his scrap metal business.
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The couple married in Skaneateles, New York in 2006 and have a daughter named Clover. In 2017, they had twins named Monroe and Rae. Both husbands’ wives live in the Skaneateles mansion, which they bought in 2006.
Car collection
| Rolls Royce Ghost | $267,000 |
| Bugatti Chiron | 3 million dollars |
| Lamborghini Huracan | $206,485 |
| Ford Mustang Shelby GT 350 | $61,635 |
Other assets
Weitsman and his wife, Kim, a former fashion model in her 30s, fly in a private Gulfstream jet. They own a condo in New York City and several other residences. They hop on a yacht to a summer retreat in the Finger Lakes that he renovated for $20 million.
Adam Weitsman Net Worth
As of 2024, Adam Weitsman has an estimated net worth of $1.2 billion. He is a New York City-based mogul who runs a scrap metal empire with dozens of locations, from the Port of Albany to Rochester and across the Southern Tier.
He makes most of his money from his scrap metal businesses, and his annual salary is $50 million. However, after Boeheim’s Army basketball team won, Weitsman pledged to donate $1 million to local charities in 2021.
He’s currently in the process of donating. Weitsman contributed to a fundraising event for the Rebecca Weitsman Memorial Dog Park in Owego, New York, and he’s worked with a youth baseball clinic in Syracuse to provide a baseball glove to every child treated there.
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Category: Net Worth