Former Hawks Owner Bruce Levenson Creates A Major Profit To Benefit His Philanthropic Work

Over the course of the last two years the well-known business leader Bruce Levenson has become even better known for his philanthropic work than he has for the quality of his industrial work. Bruce Levenson has proven a success in almost every area he has chosen to become a part of, including his work as a philanthropist involved in many different areas of interest, and as an NBA owner who was quickly classed as indispensable to the league when he took control of the Atlanta Hawks franchise.

Upon selling the Hawks franchise for a Forbes estimated $850 million after purchasing the franchise along with the rights to operate Phillips Arena and the NHL’s Atlanta Thrashers franchise in 2004. Not only did Bruce Levenson sell the Hawks franchise for a major profit in 2015, but he was also responsible for overseeing an amazing turnaround of the Hawks franchise from the very last position in the standings when his Atlanta Hawks Basketball & Entertainment consortium took control. Selling the Hawks to billionaire technology executive Tony Ressler has allowed Bruce Levenson to become even more involved in philanthropy than he ever has been in his long and illustrious career.

Bruce Levenson has always enjoyed a business career that included him taking a number of risks that many would have stalled over, but Bruce Levenson saw opportunity where others did not and set out to create something new and successful. In his business life, Bruce Levenson was originally working as a journalist at “The Washington Star” before deciding to join business partner Ed Peskowitz as the founders of the United Communications Group, which began life as a single oil industry newsletter; over the years UCG has moved from a single newsletter to become one of the leading real time information providers for a range of different industrial sectors.

As a philanthropist the work of Bruce Levenson seems to only get more impressive as time moves on with his commitment to a number of different causes, including the U.S. Holocaust Museum the Levenson family have played a major role in creating over the years. Since leaving the Atlanta Hawks, Bruce Levenson has worked to develop his philanthropic options with his position as chair of a ball developed by the Kennedy Center for the Arts benefiting the Anti-Defamation League. Levenson has also worked diligently to create the “Do Good Institute” at the University of Maryland,, which provides a dedicated education in philanthropy and not for profit leadership.