Adam Weitsman Biography
Adam Weitsman is an American entrepreneur and philanthropist, who is the owner and chief executive officer (CEO) of Upstate Shredding – Weitsman Recycling. He started Upstate Shredding in 1997, and despite significant shortcomings that even landed him in jail, he triumphantly lifted the company to the level of industry leaders.
10 Quick Facts About Adam Weitsman
- Name: Adam Weitsman
- Age: 56 Years Old
- Birthday: June 13
- Zodiac Sign: Gemini
- Height: Average
- Nationality: American
- Occupation: Entrepreneur and Philanthropist
- Marital Status: Married
- Salary: Under Review
- Net worth: $1 Billion
Adam Weitsman Age
Adam is 56 years old, he was born on June 13, 1968, in Owego, NY, United States of America. He celebrates his birthday on June 13th every year and his birth sign is Gemini.
Adam Weitsman Height
Weitsman stands at a stands at a height 5 feet 8 inches.
Adam Weitsman Weight
Weitsman weighs 68 kg. He has both dark brown eyes and hair color
Early life and Education
Weitsman was born on June 13, 1968, in Owego, NY, United States of America graduated from Owego Free Academy in 1986. He went on to Long Island University in Brookville where he majored in banking at the C.W. Post Campus and graduated in 1989.
Rise to Fame and Breakthrough Moment
Weitsman is an American is best known for his professional careeer as an entrepreneur. He built up an interest in the processing side of scrap metal recycling, which later led to the foundation of Upstate Shredding. In the year 1997, Weitsman opened Upstate Shredding at the Tioga County Industrial Park in Owego.
Upstate Shredding
- Adam opened Upstate Shredding at the Tioga County Industrial Park in Owego, NY in 1997. In the late 1990s, the company was in danger of bankruptcy after business investments were made during a lagging metal industry.
- Adam, in 2004, served eight months at Otisville Federal Prison in New York, then another two and a half months in a halfway house for kiting checks during the company’s financial struggles that started in 1998.
- Later in 2005, he acquired Upstate Shredding’s sister company, Ben Weitsman & Son, Inc., after his father retired, and later in December 2009, he acquired an 11-acre scrapyard in Solvay, NY from Peter Matlow for $225,000.
- By the end of the year 2009, Upstate Shredding was the biggest privately owned scrap business on the East Coast. In March 2010, Upstate Shredding received Tioga County’s Business of the Year award.
- Adam acquired a number of scrap companies and additional properties, including a bankrupt scrap yard in New Castle, PA, between the years 2012 and 2016. By the end of 2016, the properties and companies were collectively known as Upstate Shredding – Weitsman Recycling.
- That same year, Adam won the Platts Industry Leadership Award and the AMM Scrap Company of the Year award for the second year in a row.
- Later in May 2018, a U.S. District Judge found a former Weitsman Recycling employee guilty of defamation. The former employee had spread false claims about Adam online and was ordered to stop.
Personal Life
Adam Weitsman Family
Weitsman is the son of Harold Fredrick (Fred) Weitsman. His grandfather is Ben Weitsman who started a used auto parts business in 1938, which evolved into a scrap processing company called Ben Weitsman & Son in 1958.
Adam Weitsman Wife
Adam is married to Kim Weitsman. The couple met in the summer of 2000. Theyhad their had their wedding in June 2006 in Skaneateles, NY.
In 2009, they welcomed their first child, Clover, and later in the summer of 2017, they welcomed twins. Kim left her modeling career to work alongside Adam as an operations manager for Upstate Shredding.
Adam Weitsman Twins
Adam and his wife Kim were 2017 blessed with twins. His firstborn Clover was born in 2009.
Adam Weitsman Net Worth
Adam Weitsman has an estimated net worth of over $1 billion dollars. He has been in the scrap metal industry for quite a long time. He has no doubt amassed a huge fortune with the bulk of his wealth coming from his company Upstate Shredding – Weitsman Recycling. Despite his obvious riches, Adam prefers to lead a modest lifestyle. However, the specifics about his assets and liabilities are still under review making it difficult to establish his actual net worth.
Facts: Everything You Need to Know About Adam Weitsman
Here are some interesting facts and body measurements you should know about Adam Weitsman.
Adam Weitsman Bio
- Full Names: Adam Weitsman
- Popular As: Entrepreneur
- Gender: Male
- Occupation / Profession: Entrepreneur
- Nationality: American
- Race / Ethnicity: White
- Religion: Christianity
- Sexual Orientation: Straight
Birthday
- Age / How Old?: 56 Years Old
- Zodiac Sign: Gemini
- Date of Birth: June 13, 1968
- Place of Birth: Owego, NY
- Birthday: June 13th, every year
Body Measurements
- Height / How Tall?: 5 feet 8 inches
- Weight: 68 kg
- Eye Color: Dark Brown
- Hair Color: Dark Brown
Family and Relationship
- Father (Dad): Harold Fredrick (Fred) Weitsman
- Mother: Not Known
- Siblings (Brothers and Sisters): Not Known
- Marital Status: Married
- Wife/Spouse: Married to Kim Weitsman
- Dating / Girlfriend: Not Applicable
- Children: Three
Net Worth and Salary
- Net Worth: $1 Billion
- Salary: Under Review
- Source of Income: Entrepreneur
Syracuse Basketball
Adam donated $175,000 to four Boys & Girls Clubs in Owego, Binghamton, Syracuse, and Endicott, in January 2019, after promising on social media that he would make the donation if Syracuse were to beat Duke in a basketball game that aired on January 14.
New House
Weitsman recently bought this 2,564-square-foot lakefront home at 61 W. Lake St. in Skaneateles for $2.5 million which sits next to his mansion. The house is valued at $909,500. Weitsman said the $2.5 million amount he paid depicts the property’s location.
House on Skaneateles Lake
- Weitsman’s mansion is assessed for $6.1 million. It sits on 2.15 acres, has 5 bedrooms, five full- and three half-bathrooms, two kitchens, and four fireplaces, according to assessment records. Among other things, it features:
- Scrap dealer Adam built his 12,309-square-foot Skaneateles Lake mansion in 2010 and bought his neighbor’s mansion above for an extension on Feb 2, 2018.
Scrap Metal
- Weitsman Recycling has been around for over twenty years, the Weitsman family has been part of the scrap metal field for 80 years. Adam’s grandfather, Ben, started Ben Weitsman & Son, Inc in 1938. Initially, the business was an automotive parts enterprise with a small scrapyard passed from father to son over the decades.
- In 1985, he became vice president of a scrap processing company owned by his family, Ben Weitsman & Son.
- Adam renamed the company Upstate Shredding – Weitsman Recycling, after acquiring his family’s business in 2005 when his father retired.
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