Let us learn about Adam Weitsman’s net worth from this article. We have also discussed his kids, biography, and much more. This article will come in handy for anyone who has been wanting to gather information about him. Henceforth, let us get started now.
By profession, he is a philanthropist and an American entrepreneur. Apart from this, he is also the Chief Executive Officer of Upstate Shredding-Weitsman Recycling. In addition to this, Adam is also an owner of Skaneateles restaurant. He started this restaurant back in 2019.
Adam Weitsman’s date of birth and year is 1968 June 13. He was raised in Owego, New York. after doing our research, we found out that the famous entrepreneur had an immense interest in collecting art. He started gaining interest in the same after he used to see his father and grandfather find various American stoneware bottles while they were in the middle of an excavation assignment.
He completed his education at Owego Free Academy. His major part of education was banking, completed at the C.W. Post Campus of Long Island University situated in Brookville.
After completing his education, Weitsman started working at an art gallery in Manhattan. Apart from this, he also worked in Hirschi & Adler Folk. He was so happy to see art present everywhere that in the year 1991, he decided to open an American Folk Art Gallery. This gallery was situated in Greenwich village.
After immense hard work and dedication, in the year 1995, Adam Weitsman became the vice president of Ben Weitsman & Son. This is a company that was first managed by his family members, and later on, the business was continued by him.
Weitsman established Upstate Shredding in Owego, New York’s Tioga County Industrial Park, in 1997. After his father retired in 2005, Weitsman bought Ben Weitsman & Son, Inc., the sibling business of Upstate Shredding. Weitsman bought Peter Matlow’s 11-acre junkyard in Solvay, New York, in December 2009.
In 2012, under his leadership, Upstate Shredding won Tioga County’s Business of the Year award. From 2012 to 2016, Weitsman bought Empire Recycling in Watertown, NY, a New Castle, PA trash facility, and a seaport site in Albany. They were referred to as Upstate Shredding – Weitsman Recycling by the end of 2016.
Weitsman earned the AMM Scrap Company of the Year award and the Platts Industry Leadership Award for the second consecutive year. A former Upstate Shredding – Weitsman Recycling employee was declared at fault by a U.S. District Judge in May 2018.
Weitsman has made sure that the required investments were made in Skaneateles real estate alongside his wife, Kim Weitsman. The Krebs restaurant, which opened its doors in 1899, was bought by Kim in 2010. In the summertime of 2014, the eatery reopened. 2018 saw Weitsman start work on a sushi bar and a Mexican restaurant in Owego, New York, called Elephant and the Dove. Weitsman started imparting all the skills and expertise in 2020 through in-depth interviews with periodicals, including Forbes, Entrepreneur, and Yahoo Finance.
Adam as a Philanthropist
Weitsman promotes his neighborhood charitable endeavors with his money and The Krebs, a restaurant he and his wife bought in 2010. The revenues from the restaurant were given to 16 local charitable organizations in 2015 by Weitsman and his wife.
Weitsman has been giving his collection of American stoneware from the 19th century to the New York State Museum in Albany since 1998.
Weitsman stated on social media that he would provide $175,000 to male and female Clubs in Owego, Binghamton, Syracuse, and Endicott in January 2019 if Syracuse Orange defeated Duke Blue Devils in a men’s NCAA basketball match played on 14 January.
In 2019, Weitsman gave $100,000 towards the Clarence L. Jordan Food Service and Culinary Education Center’s refurbishment and development. The subsequent year, he gave $10,000 to Peter Coleman’s fundraising effort to battle childhood cancer.
Weitsman gave $2,500 to the “Decision Points” program run by the Tioga County Probation Department in 2020. This program aims to inspire at-risk youth to make wiser decisions throughout their career. The entrepreneur provided any federal, state, or local government organization the use of a college campus he had acquired as a safe place to aid in the search for a Coronavirus treatment.
His Net Worth
Adam Weitsman is an America Entrepreneur and Philanthropist with an estimated personal wealth of $1.2 billion. His 53-year-old empire spans from the Port of Albany to Rochester and the entire Southern Tier, consisting of a dozen locations in New York. Nevertheless, in 2021, after the basketball team Boeheim’s Army won, Weitsman pledged to donate $1,000,000 to a neighborhood charity.
He is currently in the midst of giving. For the Rebecca Weitsman Memorial Dog Park in Owego, New York, Weitsman made a donation to a fundraising activity. Every youngster who receives treatment at the Syracuse youth baseball clinic will receive a baseball glove thanks to Weitsman’s collaboration.
His Cars and Private Jets
Weitsman and his wife Kim, a glamour model in her early thirties, fly on a private Gulfstream plane. They manage to travel between a New York City condo with a view of Central Park and their other residences in a $250,000 Rolls-Royce Ghost. They board a Lamborghini and travel to a comfortable place in the Finger Lakes that he renovated for $20 million and equipment with museum-caliber pieces.
The Final Verdict
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