Born on October 1st, 1949, in Washington D.C., Bruce Levenson is an American success story. The American university graduate, first tried his hand at journalism for the Washington Star. Later in 1977, he published a newsletter, called “Oil Express”, under the United Communications Group, which he co-founded. The company grew to acquire more newsletters all focused on the oil industry, and developed databases such as the Oil Price Information Service. United Communications Group is privately owned, and it administers data and information over a wide range of industries. Among Mr. Levenson’s other endeavors are TechTarget, and he is a founding director BIA Digital Partners. In 1997 he was drafted into the Software and Information Industry Association’s Hall of Fame.
His philanthropy is renown, and he is a founder of the U.S. Holocaust Museum. The museum is located on the National Mall in Washington, D.C., where it draws international attention with visits of foreign dignitaries from over 132 countries from around the world. Mr. Levenson makes significant donations to other charitable causes such as Hoop Dreams, I Have a Dream Foundation, SEED Foundation, Seeds of Peace, and he is financially responsible for the University of Maryland’s Center for Philanthropy and Nonprofit Leadership. Also, he supports The Jewish Federation, Birthright Israel, and the BBYO.
In 2004, he purchased the Atlanta Hawks and Phillips Arena, and Mr. Levenson formed the group called Atlanta Hawks LLC to purchase the franchise from Turner Broadcasting. When he decided to sell the team and the rights to the Phillips Arena in 2014, Goldman Sacs promised it could get at least $1 billion dollars for the sale. The rights to the arena and the ownership of the Atlanta Hawks went for only $750 million at auction to Andrew Zimbalist, but the sale netted Mr. Levenson a very hefty profit.
Mr. Levenson, whose mother-in-law is a Holocaust survivor, is married to Karen Boyarsky. They spend their time between their homes in Atlanta, Georgia and Potomic, Maryland.