Adam Weitsman Net Worth
Hey buddy, Are you curious to know how much Adam Weitsman Net Worth is in 2024 according to Forbes? Here is the most Reliable blog for celebrities’ Net Worth that will present you with everything you want about Adam Weitsman.
His full biography, Professional Career, Age, personal life, Height, Weight even to whom he is married.
We will answer all your questions regarding him Like: how old is he? Where does he live? How tall is he? Where is he now? How did he earn his net worth? Is he still alive or dead? How much is Adam Weitsman Net Worth in 2024 according to Forbes?
The Interesting part of visiting this page is that we will provide more answers to all your unanswered questions with lots of interesting facts you will never want to miss about him.
Who is Adam Weitsman, and what is he known for?
Adam Weitzman is a famous and successful American entrepreneur. He is the CEO and owner of Upstate Shredding – Weitsman Recycling, a scrap metal processing company in Owego, New York.
Adam Weitsman Net Worth is estimated to be $1.5 Billion according to 2024 Update.
Adam Weitsman Net Worth, Career & Businesses
We have it that after his sister died of cancer in the early 1990s, Weitsman left his job in New York City and returned to take over the family scrap metal business. After becoming interested in the recycling industry, he established Upstate Shredding to specialize in scrap metal processing.
Weitsman founded Upstate Shredding in Owego’s Tioga County Industrial Park in 1997. Weitman was sentenced to 8 months in prison and a $1 million fine as part of his 2004 check-kiting sentence.
Weitsman purchased an 11-acre scrapyard in Solvay, New York, from Peter Matlow in December 2009 after his father retired in 1999. Upstate Shredding’s sister company is Ben Weitsman & Son, Inc.
Weitsman purchased a scrap yard in Pennsylvania in 2012, a port facility in New York in 2016, and the Empire Recycling business in Watertown, New York, in 2016. By the end of 2016, they had merged to form Upstate Shredding – Weitsman Recycling.
Weitsman repeated its success from the previous year by receiving the Platts Industry Leadership Award and the AMM Scrap Company of the Year. American Metal Market named his company Scrap Company of the Year two years in a row, in 2015 and 2016.
Kim purchased the Krebs Inn in 2010, which had operated since 1899. The restaurant was reopened in the summer of 2014. Weitsman has donated his money and the restaurant’s profits to various charitable causes.
Weitsman and his wife donated all the proceeds from their restaurant in 2015 to sixteen local charities. In 2018, Weitsman began construction on Elephant and the Dove, a Mexican restaurant in Owego. Around the same time, he began working at a sushi bar there.
The eatery first opened its doors on April 11th, 2019. Weitsman announced in 2021 that he would be collaborating with Danielle Mecuri, the owner of Rise N Shine, to open an Italian restaurant in East Syracuse.
Adam Weitsman established Viridium LLC, a cryptocurrency mining company, in 2021. By the year 2022, he will have amassed a billion dollars.
Weitsman donates to charitable organizations. Since 1998, he has donated pieces from his collection of 19th-century American stoneware to the New York State Museum in Albany. Weitsman donated $100,000 to the Rescue Mission in 2019 to improve and expand their Clarence L. Jordan Food Service and Culinary Education Center.
In 2019, Weitsman donated $10,000 to Vera House, a Central New York organization that assists victims of domestic and sexual violence. Weitsman invited any federal, state, or local government agency interested in establishing a base camp to aid in the search for a Coronavirus cure to use a college campus he had acquired in 2020.
Weitsman is a huge fan of Syracuse University’s athletic teams, particularly men’s basketball and football.
He’s known basketball coach Jim Boeheim for a long time. Because of the success of Boeheim’s Army, Weitsman pledged $1,000,000 to local charities following the 2021 basketball season.
Weitsman announced in September 2022 that he would pay each of the two five-star athletes $1 million per year in exchange for the right to use their names, images, and likenesses to promote his businesses to lure them to Syracuse.
He had NIL agreements in the works with other Syracuse players as well. The Famous American Entrepreneur Adam Weitsman Net Worth is Estimated to be $1.5 Billion as of the 2024 Update.
Adam Weitsman Biography, Education & Early Life
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Weitsman was born and raised in his hometown of Owego, New York. He graduated from Owego Free Academy in 1986. Weitsman studied banking at Long Island University’s Brookville C.W. Post Campus.
In 1989, Weitsman began working at Hirschl & Adler Folk, a Manhattan art gallery, and in 1991, he founded the American Folk Art Gallery in Greenwich Village.
In 1995, Weitsman became vice president of his family’s scrap processing company, Ben Weitsman & Son, and later purchased the company from his father. Adam Weitsman Net Worth is estimated to be $1.5 Billion according to the 2024 Update
How much is Adam Weitzman Net Worth in 2024 by Forbes?
Adam Weitsman Net Worth today is estimated to be $1.5 Billion, according to our research at Networth202.com. We found out that the famous American entrepreneur has made a fortune in his career as a businessman
How does Adam Weitsman make his Money?
Adam Weitsman makes his money through various means, and he generates income majorly from his Professional career. By that, we mean as a businessman
Adam Weitsman Wife & Family
According to our report, Weitsman met his future wife, Kim, in the summer of 2000. DeFrance was a successful model before joining Weitsman at Upstate Shredding in 2004 as an operations manager. They married in Skaneateles in June 2006 and have three children.
How old is Adam Weitsman? Height and Weight
The popular American businessman known professionally as Adam Weitsman is reportedly in his 50s. He stands pretty tall after we studied his height, we found out he stands at a height of 5 feet 9 inches. Similarly, our report also shows his weight is around 75Kg
Is he alive or dead?
According to our research Networth202.com, he is still alive as of the 2024 update.
Watch Adam Weitsman Recent YouTube Interview
Summary
- He was born on 13 June 1968 in Owego, New York, U.S.
- His full name is “Adam Joel Weitsman.”
- He is a famous and Successful American Billionaire and entrepreneur
- His net worth is estimated to be $1.5 Billion as of the 2024 update.
- He is the CEO and owner of Upstate Shredding – Weitsman Recycling
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