Adam Weitsman Net Worth 2024: Income, Salary, Career, Bio

Adam Weitsman is an American entrepreneur and philanthropist who has a net worth of $1.2 Billion. He is the owner and Chief Executive Officer of Upstate Shredding – Weitsman Recycling who was born on June 13, 1968, in Owego, New York.

As of 2024, his annual income is $50 million. He became interested in the art collection after his father and grandfather discovered two early stoneware bottles during an excavation project in his scrapyard in 1980.

Adam Weitsman began collecting stoneware from the 19th century and owned 60 pieces by 1982. Today in this post, we are going to tell you many facts about Adam Weitsman as well as cover his net worth in detail.

Adam Weitsman Net Worth (2024)

Full NameAdam Weitsman
Net Worth (2024)$1.2 Billion
Monthly Income $5 Million
Annual Income $50 Million
Last Update2024

Adam Weitsman Net Worth Growth

Net Worth in 2024$1.2 Billion
Net Worth in 2023$1.1 Billion
Net Worth in 2022$0.8 Billion
Net Worth in 2021$0.7 Billion
Net Worth in 2020$0.7 Billion

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Adam Weitsman Career

Adam Weitsman was born in 1968 in New York. Having had an interest in art collection since childhood, Weitsman is a billionaire today. But let’s take a look at his career. In 1986, Adam Weitsman graduated from Owego Free Academy.

He majored in banking at Long Island University’s CW Post Campus in Brookville. In 1989, Adam Weitsman worked in art galleries like Manhattan Art Gallery, and Hirschl & Adler Folk, and extended his experience.

After this, he opened the American Folk Art Gallery in Greenwich Village in 1991. As a result, in 1995, he became the vice president of a scrap processing company owned by his family and bought by his father.

In 1997, Adam Weitsman opened Upstate Shredding at Tioga County Industrial Park in Omega. Adam Weitsman also acquired Upstate Shredding’s sister company after his father’s retirement. And in 2009, Adam acquired an 11-acre junkyard in Solvay from Peter Matlow.

He lead Upstate Shredding to win Tioga County’s Business of the Year award in 2012. In 2020, Adam Weitsman donated $2,500 to the Tioga County Probation Department called, “Decision Points” and the program aims to help at-risk youth make better choices.

Weitsman Favorite Things

Favorite ActorWill Smith
Favorite ActressJennifer Lawrence
Favorite Singer Michael Jackson
Favorite AppInstagram
Favorite GameN/A
Favorite FoodNot Know
Favorite SongNot Know
Favorite SportsmanMassi
Favorite MovieDon’t Know
Favorite CricketerAB Devilliers
Favorite FootballerRonaldo
Favorite TV ShowNot Know


Net Worth$1.2 Billion
NameAdam Weitsman
Age56 Years Old
Height(1.75 m)
Weight75 KG (Approx)
Date Of Birth13 June 1968
BirthplaceUnited States
Salary$50 Million
SpouseKimberly DeFrance

“As one person I cannot change the world, but I can change the world for one person.”

Adam Weitsman

Adam Weitsman‘s Social Media Accounts

InstagramClick Here
FacebookClick Here
TwitterClick Here
YoutubeClick Here
WhatsAppClick Here
Contact No.N/A

Personal Life

Adam Weitsman is married to Kimberly DeFrance who is a fashion model. They first met in 2000 in New York, when she was on her way to visit her father in Owego. she left her modeling career in 2004 to help Weitsman with his scrap business.

The couple married in Skaneateles, NY in 2006 and have a daughter named Clover. In 2017, they had twins named Monroe and Rae. Both husbands’ wives live in Skaneateles mansion which was bought in 2006.

Car Collection

Rolls Royce Ghost$267,000
Bugatti Chiron$3 million
Lamborghini Huracan$206,485
Ford Mustang Shelby GT 350$61,635

Other Assets

Weitsman and his wife, Kim, a former fashion model in her early 30s, fly in a private Gulfstream jet. They own a New York City condo and various other residences. They hop on a cruise 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 mogul who runs a scrap metal empire in New York at a dozen locations, from the Port of Albany to Rochester and across the Southern Tier.

He makes his maximum income from his scrap metal processing businesses, and his annual salary is $50 million. However, following the victory of the basketball team, Boeheim’s Army, Weitsman offered to donate $1,000,000 to local charities in 2021.

He is currently in the process of making a donation. Weitsman contributed to a fundraising event for the Rebecca Weitsman Memorial Dog Park in Owego, New York, and he worked with a youth baseball clinic in Syracuse to provide a baseball glove to every child who received treatment there.

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