Bruce Levenson has had a wildly successful career as both the owner of a sports team and also in the communications industry. He began his business career in the late 1970s by being one of the founders of United Communications Group. As time went on, this venture became highly successful. Ultimately, he took some of the money that he made and invested it in the purchase of the Atlanta Hawks. This sports team also is very successful. His ownership of the sports team has also been a highly profitable venture for him. However, he is now going through a major transition in his career. The sale of the sports team that he owned, The Atlanta Hawks, represents a big transition in his career. In addition to being a highly successful businessman, Bruce Levenson has been a giver. He has done a great deal to give back to society at large.
United Communications Group has been around for quite some time. In fact, the company is almost 40 years old. Bruce Levenson was one of the people who got the company started. Nowadays, the company runs a number of different media outlets. Furthermore, the media outlets that they are responsible for providing news on finance, energy, and healthcare. The company appears to be quite stable, and the company is continuing to bring in some very good profits.
Bruce Levenson used a lot of the money that he made to invest in the ownership of the Atlanta Hawks. However, Forbes’ Bruce Levenson has also made a lot of positive contributions to society. He has given significant amounts of money to organizations that better the lives of those in need. He also has given to a historical museum, The US Holocaust Museum.
When Bruce Levenson was one of the people that acquired the Atlanta Hawks, the team was purchased for less than 200 million dollars. Of course, that was a very large amount of money. However, the sale price of the team is well over 800 million dollars. That means that there has been a profit margin in excess of 600 million dollars! So, Bruce Levenson will be able to walk away from that part of his career very successfully indeed. He has profited handsomely from the ownership of the Atlanta Hawks.
Now, the team will be owned by a different group of people. Some of the new owners have been basketball players themselves. This group is being led by a man by the name of Anthony Ressler.
Bruce Levenson has had a very distinguished career as a businessman. His career as the owner of the Atlanta Hawks has been highly successful, and it has been extremely profitable for him. However, this part of his career is now coming to an end. In addition to these successful careers, he has done a great deal to give back.