As the CEO of Upstate Shredding - Weitsman Recycling, an entrepreneur and philanthropist, Adam Weitsman net worth is estimated to be $1.2 billion. His primary source of income is the scrap metal processing firms he owns and operates across New York state.
Weitsman is a businessman who has built a multibillion-dollar empire through strategic investments and savvy business decisions. He also possesses a large real estate portfolio, including properties in Upstate New York.
He has been awarded a number of honors, such as American Metal Market’s “Scrap Business of the Year” in 2015 and 2016. His firm has 13 yards around the state.
His company’s annual revenue is reported to be $750 million and it employs over 500 people. He also owns a large real estate portfolio and has made millions of charity donations throughout his career.
Born and raised in Owego, New York, Weitsman began collecting early American stoneware as a teenager. He would drive to auctions with his father and buy pickle crocks and water pitchers.
Then, antiques journals took notice and he was featured in articles and he set record prices for his purchases. He studied art history and worked at Manhattan galleries, where he hung shows in an American folk art gallery.
He married fashion model Kim DeFrance in 2006 and they have three children, Clover, Monroe and Rae. They live in a lakefront home in Skaneateles.
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