The former owner of the Atlanta Hawks, Bruce Levenson has recently sold his controlling stake in the NBA franchise to billionaire Tony Ressler. The sale comes after a shift in the interests of Levenson saw him become more interested in the community and charitable programs he has become interested in during recent years. The move towards community based work has been a major part of the life of Bruce Levenson in recent times, which has seen him step away from the NBA team he has led from the bottom of the standings to the very top of the regular season seedings.
Bruce Levenson has produced a large number of businesses that have shown how his skills and experience with all things technological have shaped his career and personal life. Levenson first came to prominence as the co-founder of the Oil Express newsletter, founded when he was working as a journalist for The Washington Star. Upon establishing the newsletter the approach taken by Bruce Levenson towards analytics and news gathering differed from his rivals and saw the Oil Express become the top provider of news and analysis for the oil industry. Levenson was then instrumental in the foundation of the United Communications Group, now better known as UCG, which expanded the analytics provided to a number of different industries.
After finding success in the real time analytics industry, Bruce Levenson looked to assist the Atlanta Hawks in their quest to win a second NBA Championship following the 1958 Championship of the franchise. Levenson had become an important part of the NBA landscape by the time he sold the franchise in 2015 for a reported $830 million. As the sale of the franchise was completed Levenson was forced to give up his position on the NBA Board of Governors and to halt his active participation in the NBA based programs provided by the Make A Wish Foundation.
Despite the time and effort leading the Atlanta Hawks has demanded from Bruce Levenson, the chance to explore the philanthropic activities available in Maryland with his wife, Karen has become a major part of the life of the founder of UCG. After discovering more about the experiences of his mother in law during the World War II Holocaust, Bruce Levenson became an important part of the establishment and construction of the U.S. Holocaust Museum. Following the establishment of the U.S. Holocaust Museum the Levenson family became an important part of the philanthropy program established at The University of Maryland. Philanthropy has become an important part of the life of Bruce and Karen Levenson as they seek out the best ways of assisting those in society who are in the most need.