Category Archives: American Billionaire

The Former Owner of Atlanta Hawks And Businessman Bruce Levenson.

It is rare to find a someone with a deep passion for a sport like Bruce Levenson. He is not only a big fan of basketball but was also a player for some time in his energetic days. Due to his love for basketball, he went on to purchase the Atlanta Hawks, an NBA team in 2004. He co-owned the team with other partners. He also owned the Philips Arena. Bruce Levenson was the managing partner and the governor representing Atlanta Hawks on the NBA Board from 2004. In 2014, Bruce Levenson sold his shares in Atlanta Hawks and quit the team.

Bruce Levenson’s star in his business career started shining in 1977 when he and Ed Peskowitz co-founded United Communications Group (UCG). This company is located in Gaithersburg, Maryland. Over the years, it has grown from being a start up in Levenson’s apartment to a world class information company. The first jobs this company got were like writing newsletters on Oil Express, about the oil industry. As time passed, the company grew and launched its own databases like the Oil Price Information Service (OPIS). Now UCG is a world class private business information firm. Its specialization includes fields like data, news, and analysis for healthcare, energy, mortgage banking, technology, telecommunications and many other industries. The UCG owns and runs a mobile application that helps drivers locate affordable gas stations called GasBuddy.

Bruce Levenson was born in October 1949 of Jewish parents in Washington, D.C. He spent his childhood in Chevy Chase, Maryland. After college at Washington University in St. Louis, he joined American University as a law student and later graduated. During his time at law school, Bruce Levenson began his journalism career as a writer on the Washington Star. Bruce Levenson is currently married to Karen and blessed with three sons.

Bruce Levenson and his wife Karen also actively participate in various charities. Their philanthropy has been spread far and wide. Forbes billionaire Bruce Levenson has donated to organizations like Community Foundation of Washington, D.C. and Hoop Dreams Foundation. Bruce Levenson has also founded U.S. Holocaust Museum, which he also donates to. He also donates to Museum’s Bringing the Lessons Home program. These two charities work together to teach lessons of the Holocaust and tour guide in the Museum to city students. Bruce Levenson also works with his mother-in-law who survived the Holocaust to educate people about it. He is also a major donor to SEED Foundation and Seeds of Peace that spread the message of love.

Bruce Levenson was also an adviser for BIA Digital Partners, a firm that deals in buying and selling of private equities. He has also served on the Board of Directors of the Newsletter and Electronic Publishers Association (NEPA) for some time and is known to have brought big changes to the industry.