Entrepreneurial Profile: Bruce Levenson

Bruce Levenson has been a entrepreneur with a variety of interests, leading him into a variety of successful business ventures. In 1977, he co-founded the United Communications Group, a business information company, with his friend and business partner, Ed Peskowitz. This was likely inspired by his writing for the Washington Star while he was law student at American University. Since its founding, UCG has gone on to become one of the largest companies in its industry. Bruce was also one of the founders of TechTarget in 1999, a technology media company, and served on its board of directors. In 2004, he went on to purchase the NBA team the Atlanta Hawks and served on the NBA’s Board of Governors at the same time. This lasted until the Spring of 2014 when it was announced that he would sell the Atlanta Hawks. In April of the following year, it was settled that he would sell the team to Anthony Ressler for $850 million.See, http://www.espn.com/nba/story/_/id/11493472/jason-whitlock-bruce-levenson-atlanta-hawks.

Since the early 1980s, Bruce Levenson has also been involved in a number of philanthropic activities and organizations in the Washington D.C. area. According to a PR News article, he contributed to Hoop Dreams, the “I Have a Dream” Foundation, the Center for Philanthropy and Non-Profit Leadership at the University of Maryland. In addition, he played a role in the Anti-Defamation League’s committee that launched the “Concert Against Hate held in the John F. Kennedy Center for Performing Arts in 2015. Because of his Jewish heritage, he has also supported and is active in many Jewish non-profit organizations such as the Seed Foundation, Birthright Israel and BYYO. The most notable of these is his contributions to and support for the Holocaust Memorial Museum since his mother-in-law is a Holocaust survivor.

Bruce Levenson has a sizable net worth of $500 million. Considering his biography replete with continuous business ventures and successes since his coming of age until the present, it is no surprise. The fact that he was a law student, a journalist, a sport enthusiast, a philanthropic among countless other things shows that he is open to a variety of new experiences. No doubt, this trait must have opened the door for a countless opportunities for him. It goes to show that in order to be successful as an entrepreneur; one must be well-rounded and passionate about trying new things.

Visit Bruce Levenson‘s website: brucelevenson.com