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Adam Weitsman Net Worth 2023: Here’s How Much The American Entrepreneur Worth?

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Adam Joel Weitsman a.k.a. Adam Weitsman is an American businessman who is the CEO and the owner of Upstate Shredding – Weitsman Recycling. The enterprise specializes in processing scrap metal and has its head office in Owego, New York.

Adam Weitsman was born in Owego, New York. He developed a hobby of art collecting early in life. This hobby was developed when his father and grandfather unearthed two early American stoneware bottles during an excavation project in their scrap yard in 1980. Adam Weitsman is a keen collector of 19th-century stoneware and owned 60 pieces by 1982.

Adam Weitsman’s Business Empire

Adam Weitsman completed his college education at the Owego Free Academy and majored in banking at the C.W. Post Campus of Long Island University in Brookville. In 1989 he landed a job in Manhattan art gallery, Hirschl & Adler Folk. In 1991 he started the American Folk Art Gallery in Greenwich Village. In 1995 he became vice president of Ben Weitsman & Son. It was a scrap processing company which was owned by his family. He eventually purchased the company from his father.

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Tragedy struck Adam Weitsman in the early 1990s when his sister succumbed to cancer and he quit New York City to take care of the scrap metal business which was owned by his family. His interest in the processing side of scrap metal recycling ultimately led to the setting up of Upstate Shredding at the Tioga County Industrial Park in Owego in 1997. 

Adam Weitsman was convicted for check kiting in 2004. He was slapped with a $1 million fine and served 8 months in prison. In 2005 Adam Weitsman acquired Upstate Shredding’s sister concern, Ben Weitsman & Son, Inc. It was a scrapyard in Solvay, New York spread across a sprawling 11-acre and was owned by Peter Matlow.

Adam Weitsman Net Worth

Adam Weitsman went on an acquisition spree and between 2012 and 2016 a scrap yard in New Castle, Pennsylvania, a port facility in Albany, and Empire Recycling in Watertown, New York. The company was collectively known as Upstate Shredding – Weitsman Recycling in 2016.

Adam Weitsman was awarded the Platts Industry Leadership Award in 2016, AMM Scrap Company of the Year award for the second year in a row as well as the Scrap Company of the Year by American Metal Market in 2015 and 2016.

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Adam Weitsman and his wife have also invested in real estate in Skaneateles, New York and in 2010 he bought the Krebs restaurant, which was founded in 1899. The Krebs restaurant was extensively refurbished and re-opened in the summer of 2014.

The proceeds from the restaurant and personal funding went into the running of numerous local philanthropic efforts. The proceeds of the restaurant were donated to 16 regional nonprofit organizations. In 2018 Weitsman started with his Mexican restaurant, Elephant and the Dove project, and also a sushi bar in Owego. The restaurant started operation in 2019 and he also partnered with Rise N Shine restaurant owner, Danielle Mecuri, for a new Italian restaurant in East Syracuse.

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How Much is Adam Weitsman’s Net Worth?

As per reports, the net worth of Adam Weitsman is estimated to be in the hundreds of millions of dollars. His business is very successful and he has also wisely invested in a number of profitable ventures.

Adam Weitsman Net Worth 2023

Adam Weitsman has also profited from investments in real estate, stocks, and bonds, venture capital funds, and private equity funds. He has also invested heavily in the stock market and always is in the lookout for new ventures. He also receives a sizable salary from his various businesses, which adds to his income. He also receives dividends from his investments, which further increase his wealth.

Adam Weitzman’s Net Worth in 2023 was $1.5 Billion and he also has a monthly income of $8 Million and an annual income of $100 Million

Adam Weitsman’s Family: Wife and Children

Adam Weitsman met his wife Kim Weitsman for the first time in the summer of 2000. Kim Weitsman who was working as a model later joined alongside Weitsman as an operations manager for Upstate Shredding. They married in June 2006 in Skaneateles and have three children.

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Adam Weitsman’s Luxury Life: House, Cars, Private Jet and More

Adam Weitsman owns a fleet of cars and also a private jet. His fleet of cars includes the Ford Mustang Shelby GT500, Lamborghini Huracan, Rolls Royce Ghost, and Buggati Chiron Pur Sport. He also owns a Gulfstream turboprop aircraft.

Adam Weitsman has been in the news recently for buying a penthouse in Sunny Isles. The penthouse is located in the 57-story condominium tower, Jade Signature, and carries a hefty price tag of $23.5 million. Adam Weitsman is reported to have made the offer without physically seeing the penthouse and had seen it on Instagram.

FAQs

What is Adam Weitsman’s net worth?

Adam Weitsman’s net worth is estimated to be around $1.5 billion in 2023, with a monthly income of $8 million and an annual income of $100 million.

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What luxury possessions does Adam Weitsman own?

Adam Weitsman owns a fleet of luxury cars, including a Lamborghini Huracan, Rolls Royce Ghost, and Bugatti Chiron Pur Sport. He also owns a private jet and a penthouse in Sunny Isles, which he purchased for $23.5 million.

Shreshtha Banerjee: With 3 years in writing and collaborations with 5+ news platforms, Shreshtha, a BA in English graduate, is a trusted name. She masterfully covers Entertainment, Health, and Viral Events, showcasing expertise that resonates with a wide and discerning audience.

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Mona Patel Net Worth 2024: How Much is the Entrepreneur and Philanthropist Worth?

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Mona Patel Net Worth 2024: How Much is the Entrepreneur and Philanthropist Worth?

Who is Mona Patel?

Mona Patel, a renowned entrepreneur and philanthropist, has captured headlines with her remarkable achievements. Hailing from Vadodara, Gujarat, India, Patel embarked on her journey to the United States at a young age to pursue her entrepreneurial aspirations. She is a trailblazer in various fields, including business, education, and philanthropy. Her dedication to empowering women and supporting meaningful causes has earned her widespread recognition.

Mona Patel Career

Remarkable achievements and relentless dedication mark Patel’s career trajectory. She holds an impressive array of qualifications, including a Bachelor of Science degree in Computer Science from Gujarat University, a Master of Science degree in Real Estate and Finance from the University of Florida, and a Master’s degree in Business Administration from MIT Sloan School of Management, among others.

Her professional journey includes pivotal roles in esteemed organizations such as Creative Choice Group, Select Radiology, Monalisa Properties, Teliradx, HauteX Ventures, M1 Imaging, CareFirst Imaging, Culture For Cause, and RadXai. As the Co-Founder, CEO, and CFO of various ventures, Patel has demonstrated exemplary leadership and innovation, contributing significantly to the business landscape.

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Mona Patel’s Net Worth

As of 2024, Mona Patel’s net worth is estimated to be approximately $1.2 billion. This substantial wealth is a testament to her entrepreneurial acumen and strategic investments across diverse sectors. Patel’s multifaceted business ventures have not only propelled her financial success but also enabled her to make a meaningful impact on society through philanthropy and social initiatives.

Mona Patel Age

Born on April 28th, Mona Patel’s age aligns with her dynamic personality and visionary leadership. As a Taurus by zodiac sign, she embodies qualities of determination, resilience, and creativity, which have been instrumental in her journey to success.

Mona Patel Family: Husband

In her personal life, Mona Patel shares a fulfilling relationship with her husband, Chintan Desai, a successful businessman. The couple exchanged vows on November 29th, 2007, and their enduring bond is evident through their cherished moments shared on social media.

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Mona Patel Height and Weight

While specific details regarding Mona Patel’s height and weight are not readily available, her towering achievements in business and philanthropy speak volumes about her stature as a dynamic leader and role model.

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David Yong Net Worth 2024: How Much is the CEO of the Singapore-based Evergreen Group Holdings Worth?

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David Yong Net Worth 2024: How Much is the CEO of the Singapore-based Evergreen Group Holdings Worth?

Who is David Yong?

David Yong is the CEO of Evergreen Group Holdings, a prominent Singaporean businessman, lawyer, and K-pop artist. He owns over fifteen firms spanning various industries, including wood, real estate, food and beverage, lifestyle, and finance.

David Yong Career:

Yong began his career as a trainee lawyer before joining his family’s firm in 2014. He oversees over fifteen companies, diversifying his father’s company with a strong focus on the Indochina region under the corporate umbrella of Evergreen Assets Management.

David Yong’s Net Worth:

David Yong’s estimated net worth in 2024 is $16.7 million. His wealth stems from reported shares across multiple companies, including Processa Pharmaceuticals, Inc., and QUESTCOR PHARMACEUTICALS INC. He also owns fifteen homes in Asia and holds $90 million in cash.

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David Yong Age:

David Yong is 36 years old.

David Yong Family: Parents:

Yong’s father is Yong Ing Fatt, who laid the foundation for the family’s timber logging business in Indochina. David followed his father on business trips and learned the ropes of the industry from a young age.

David Yong Height and Weight:

There is no specific information provided regarding David Yong’s height and weight in the referenced content.

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Mohammed bin Salman Al Saud Net Worth 2024: How Much is the Crown Prince of Saudi Arabia Worth?

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Mohammed bin Salman Al Saud Net Worth 2024: How Much is the Crown Prince of Saudi Arabia Worth?

Who is Mohammed bin Salman Al Saud?

Mohammed bin Salman, born on August 31, 1985, in Jeddah, Saudi Arabia, is the Crown Prince and Prime Minister of Saudi Arabia. He holds significant global influence and is known for his authoritative leadership stance.

Mohammed bin Salman Al Saud’s Career

Mohammed bin Salman’s career trajectory is notable. He graduated with a Bachelor’s Degree in Law and ventured into various entrepreneurial endeavors before becoming a formal advisor to his father, who was then the governor of Riyadh. Over the years, he ascended through political ranks, eventually becoming the Crown Prince and Prime Minister of Saudi Arabia.

Mohammed bin Salman Al Saud’s Net Worth

Mohammed bin Salman’s net worth has been a topic of interest and contention. While figures vary, estimates suggest his net worth is in the billions, with some sources citing figures around $5 billion and others suggesting figures exceeding $25 billion.

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Mohammed bin Salman Al Saud Age

As of 2024, Mohammed bin Salman is 39 years old, born on August 31, 1985, in Jeddah, Saudi Arabia.

Mohammed bin Salman Al Saud Family: Wife and Children

Mohammed bin Salman is married to Sara Bint Mashoor bin Abdul Aziz Al Saud, with whom he shares five children—three sons and two daughters. His family holds significant positions within the Saudi royal lineage, with Sara Bint Mashoor’s heritage tracing back to King Abdulaziz.

Mohammed bin Salman Al Saud Height and Weight

Mohammed bin Salman stands at a height of 6 feet 0 inches (183 cm), earning him the affectionate nickname “The Tallest” among his contemporaries. However, specific details about his weight are currently unavailable.

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