Adam Weitsman Net Worth 2023: How Much Does Adam Weitsman Earn?

0
392
Adam Weitsman Net Worth

Adam Weitsman is a well-known person in business and charity, and he is known for being an entrepreneur and making important contributions to many fields. Weitsman was born in Owego, New York, on June 13, 1968. He has become a powerful leader by pursuing new ideas and improving communities.

Weitsman first became well-known when he worked in the scrap metal recovery business. He worked his way up in the business world, starting out at his dad’s scrap yard and then starting his own in 1997 with Upstate Shredding LLC. Upstate Shredding grew very quickly and is now one of the biggest scrap metal recycling businesses in the Northeastern United States thanks to his smart guidance.

Adam Weitsman Net Worth

Full Name Adam Weitsman
Profession Entrepreneur
Net Worth (2023) $1.5 Billion
Monthly Income $8 Million
Annual Income $100 Million
Factors Business
Last Update 2023

Adam Weitsman is thought to have a net worth of about $1.5 billion. Based in the United States, Adam is a businessman, developer, and kind person. Being the CEO of Upstate Shredding – Weitsman Recycling is his job. As of 2023, he makes about $50 million a year.

His business is his main way of making money. From the Port of Albany to Rochester and all the way across the Southern Tier, he runs a huge business in New York that buys and sells scrap metal. His companies that process scrap metal bring in the most money for him. He also bought a nice house for himself in 2006.

Adam Weitzman’s Early Life

Adam Joel Weitsman became interested in collecting art when, as a child in Owego, New York, his father, and grandpa found two American stoneware bottles while digging at their scrap yard in 1980.

It had only taken him two years to gather sixty pieces of early American ceramic bottles. There’s no doubt that this caught his attention right away!

Adam Weitsman Net Worth

When Weitsman graduated from Owego Free Academy in 1986, he went to the C.W. Post Campus of Long Island University in Brookville to get a degree in banking. Hirschl & Adler Folk, an art store in Manhattan, opened Weitsman’s first job in 1989.

After two years, he opened the American Folk Art Gallery in Greenwich Village and became Vice President of Ben Weitsman & Son, a company that processed junk metal that had been in his family for many generations. Weitsman finally bought out his dad’s business and now runs it by himself.

Read More: Ed Mccaffrey Net Worth 2023: A Look at His Charmed Earnings!

Adam Weitzman’s Personal Life

It’s been since 1998 that Weitsman has been giving to good causes. The New York State Museum in Albany has been gratefully receiving his large collection of American pottery from the 1800s for many years. Weitsman gave $100,000 to the Rescue Mission’s Clarence L. Jordan Food Service and Culinary Education Center in 2019 so that it could be fixed up and made bigger.

Weitsman promised that any federal, state, or local government agency could use the college site he bought as a base camp to help the fight against the Coronavirus by looking for a cure. This promise was made in 2020.

Adam Weitsman gave $2,500 to the Tioga County Probation Department for their new “Decision Points” program that same year. The goal of this project is to give young people who are at risk the information and tools they need to make smart choices.

Read More: Fred Warner’s Net Worth 2023: How Rich Is the Famous American Actor?

Adam Weitsman Career

In 1989, when he was done with school, Adam Weitsman got job experience in art galleries like the Manhattan Art Gallery and Hirschl & Adler Folk. Adam opened his own American Folk Art Gallery in Greenwich Village in 1991.

Adam Weitsman Net Worth

 

After that, in 1995, he became vice president of the company his family owned that processed scrap metal. He started a new business in 1997 called Upstate Shredding in Omega’s Tioga County Industrial Park.

Adam Weitsman gave $2,500 to the Tioga County Probation Department in 2020 for a project called “Decision Points.” The goal of the program was to help young people who are at risk make better decisions.