Adam Weitsman Net Worth: Age, Wife, Daughter

Adam Weitsman Net Worth

Adam Weitsman is a name synonymous with success, philanthropy, and industrial acumen. As the owner of one of the most successful scrap metal processing companies in the United States, Upstate Shredding – Weitsman Recycling, he has established himself as a dominant force in the recycling and environmental sustainability sectors. His story is not just about wealth accumulation but also about resilience, passion for community development, and meaningful relationships.

Quick Bio: Adam Weitsman Net Worth

AttributeDetails
Full NameAdam Joel Weitsman
Date of BirthJune 13, 1968
Age56 years (as of 2025)
BirthplaceOwego, New York, USA
NationalityAmerican
OccupationEntrepreneur, Philanthropist
Known ForOwner of Upstate Shredding – Weitsman Recycling
Adam Weitsman Net WorthEstimated $1.5 Billion (as of 2025)
Marital StatusMarried
WifeKim Weitsman
ChildrenOne daughter (Name: Clover Weitsman)
EducationLong Island University
ReligionJewish
Social Media PresenceInstagram, Facebook, Twitter
HobbiesContemporary Art, Philanthropy

Early Life and Background

Born in Owego, New York, in 1968, Adam Weitsman grew up in a family with strong business roots, particularly in the scrap and antique industries. His father owned a scrapyard, and his grandfather ran a used parts business. Even though his career would take him far beyond the borders of Owego, the values he learned in this small town—hard work, community support, and perseverance—would remain with him throughout his life.

His interest in art and antiques was sparked during his youth, inspired by his father’s collection. This fascination would later evolve into a notable private art collection, but more importantly, it set the tone for his ability to recognize value—whether in people, materials, or business opportunities.

Age and Physical Appearance

As of 2025, Adam Weitsman is 56 years old. He maintains a well-groomed appearance that reflects his dual roles as a public figure and businessman. Known for his approachable demeanor, he often appears in casual attire, particularly when interacting with local communities or during philanthropic events.

His physical presence is matched by his charismatic and confident personality, often drawing attention not just because of his wealth, but due to his authenticity and passion for uplifting others.

Education

Adam attended Owego Free Academy before enrolling at Long Island University’s C.W. Post Campus, where he studied banking. However, he found his interests veering toward the art world and eventually opened a gallery in Manhattan. While he didn’t pursue a traditional path in finance, his academic background in banking provided a strong foundation for managing large-scale business operations and navigating financial strategy in his recycling empire.

His education also reflects his multifaceted personality—intellectual curiosity balanced with practical, hands-on entrepreneurialism.

His Father and Family Influence

Adam Weitsman’s father, Fred Weitsman, was a major influence in his life. The Weitsman family owned Ben Weitsman & Son, a scrapyard operation that had been in the family for decades. Adam initially did not intend to join the family business, instead exploring the art and finance worlds. However, after the tragic passing of his sister from cancer and the sudden death of his father, Adam decided to return to Owego and take on the family business.

This decision marked a pivotal point in his life. Rather than simply maintain the scrapyard as it was, Adam brought innovation, scale, and a modern business perspective to the operation. Under his leadership, what was once a local scrapyard grew into a billion-dollar company.

Career Journey: From Antiques to Industry Giant

Early Ventures in Art and Antiques

In the early 1990s, Adam opened a gallery in Manhattan called “Pace Primitive and Ancient Art,” specializing in stone sculptures from Southeast Asia. He was deeply invested in the art world and built strong connections in the antique trade. His eye for detail and appreciation for cultural heritage shaped much of his outlook on value and preservation—traits that later influenced his approach to the recycling industry.

Founding Upstate Shredding

In 1997, Adam returned to Owego and founded Upstate Shredding. At the time, the scrapyard business was struggling, and few believed in its potential. But Adam had a vision—he wanted to create a vertically integrated scrap processing company that could handle every stage of recycling.

He invested heavily in technology and infrastructure, introducing high-capacity shredders and environmentally sustainable practices. His strategy paid off. Over the next two decades, Upstate Shredding became one of the largest privately owned scrap metal processing companies in the United States.

In 2015, his company won the Platts Industry Leadership Award for Scrap & Recycling, and it continued to dominate industry rankings in subsequent years.

Net Worth and Business Acumen

Estimated Net Worth: $1.5 Billion (As of 2025)

Adam Weitsman Net Worth is estimated at $1.5 billion, based primarily on the assets and revenue of Upstate Shredding – Weitsman Recycling. His investments span beyond the recycling industry, with ventures in real estate, hospitality, and cryptocurrency.

His company processes millions of tons of scrap metal annually and maintains operations across multiple states. Despite his immense wealth, Adam is known for his humility and for giving back generously to his community.

Revenue Streams

  1. Scrap Metal Recycling
  2. Real Estate
  3. Luxury Hospitality
  4. Private Investments
  5. Cryptocurrency (Notably early in Bitcoin)

Philanthropy and Community Involvement

One of the most remarkable aspects of Adam Weitsman’s career is his philanthropic commitment. He donates millions each year to various causes, including:

  • Cancer Research
  • Educational Institutions
  • Local Food Banks
  • Youth Sports Programs
  • Animal Welfare

During the COVID-19 pandemic, he made headlines by paying off school lunch debts across New York and funding food drives. He also provides scholarships for high school students and supports the rebuilding of local infrastructure.

His philanthropy is not performative. Adam often interacts directly with beneficiaries, personally attends community events, and maintains close relationships with local leaders and nonprofits.

Personal Life: Wife and Daughter

Wife: Kim Weitsman

Adam is married to Kim Weitsman, a former fashion model and current co-owner of the family business. Kim has been a vital support system in Adam’s life, both emotionally and professionally. She helps manage charitable initiatives and has also been involved in community-focused programs.

Despite their high-profile status, the couple values privacy and family time. They’re often seen participating in community events and are known for their down-to-earth attitudes.

Daughter: Clover Weitsman

Adam and Kim have one daughter named Clover Weitsman. Adam frequently mentions her as one of his greatest motivations for success. As a father, Adam prioritizes a grounded upbringing for Clover, often involving her in charitable activities and teaching her the value of giving back.

He has shared that his goal is not to pass down wealth, but values—specifically integrity, compassion, and the importance of helping others.

Public Perception and Media Presence

Adam Weitsman is a popular figure in upstate New York and among business circles nationally. Known for his friendships with celebrities and athletes—including rappers, NFL players, and NBA stars—he remains surprisingly approachable.

He maintains a healthy social media presence, using platforms like Instagram to promote charitable initiatives, local events, and inspirational messages. Despite his wealth, he often uses his platform to highlight others and create awareness about important community issues.

Lifestyle and Interests

Adam Weitsman’s lifestyle reflects a unique balance of luxury and grounded living. While he owns several high-end properties and drives luxury cars, his daily life often revolves around his work, family, and community service.

His hobbies include:

  • Collecting contemporary art
  • Visiting art museums
  • Traveling with his family
  • Attending charity functions
  • Mentoring young entrepreneurs

He is also a vocal advocate for mental health awareness and frequently discusses the importance of emotional well-being.

Legal and Business Challenges

Like many high-profile entrepreneurs, Adam has faced his share of challenges. In 2008, he served time for a banking-related offense. However, he has been transparent about the experience, acknowledging it as a major turning point in his life.

Rather than retreat, he used the experience to reinvent his life and business, focusing more intensely on philanthropy and ethical business practices. Today, his story is often cited as an example of redemption and resilience.

Future Plans and Vision

Adam Weitsman shows no signs of slowing down. His future plans include:

  • Expanding his recycling operations internationally
  • Investing further in green technology and sustainable innovation
  • Launching new educational scholarships
  • Increasing his philanthropic footprint in underserved communities
  • Building a foundation to continue his work long after retirement

His goal remains consistent: to use business success as a platform for creating meaningful change.

Helpful Summary

  • Adam Weitsman is a billionaire entrepreneur from New York known for transforming a family scrapyard into a national recycling empire.
  • As of 2025, his estimated net worth is $1.5 billion.
  • He is married to Kim Weitsman and has one daughter, Clover.
  • A former art dealer, Adam transitioned into the metal recycling business and turned it into a multi-state operation.
  • His life’s work is deeply intertwined with philanthropy, and he actively supports local communities, youth programs, and health initiatives.
  • Despite early legal troubles, he has rebuilt his career and reputation into one of the most respected business stories in America.
  • His future includes expanding green technologies and leaving a legacy of integrity and generosity.

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