Who is Bruce Levenson and what should people know about him? People should know that he is a businessman and he used to own the sports team the Atlanta Hawks. For those who want to learn more about Levenson, they can continue to read the rest of this article.
A Little Background Info
Levenson is a successful businessman and one of the businesses he co-founded is United Communications Group. Not only does he run that company, but he also owns Atlanta Spirit LLC. Levenson has been with UCG for more than 20 years and he has played a major role in the company’s acquisition efforts. Before he co-founded UCG, he was a writer at the Washington Star and Observer Publishing.
Selling The Hawks
A little while back ago, Levenson hired bankers to sell the Atlanta Hawks, and eventually the bankers were able to sell the team. However, Levenson’s bankers actually got less than what they expected, as they initially wanted $1 billion for the team. Asides from the team, the purchase included arena’s operating rights.
As for how much Levenson was able to sell the team for, he didn’t get the billion dollars, but he did manage to sell the team for $730. A group led by Tony Ressler won the auction after they placed the winning bid.
However, it is worth noting that even though Levenson didn’t get the billion dollars he wanted for the team, he still likely made out with a huge profit from the sale.
The businessman is well-educated an d he attended the Washington University, which is where he received a Bachelor of Arts degree. He also attended the American University in Washington, DC, which is where he earned himself a law degree. He has worked very hard to get to where he is today and the education he received has contributed to his success.
Levenson has a big heart and he cares about helping others. In matter of fact, Levenson serves as the president of the I Have A Dream Foundation of Washington. He has been known to be involve with many philanthropic endeavors. Levenson knows the value of working hard, but he also knows the value of helping those in need.
Bruce Levenson is an amazing person, and it shows through his philanthropy work and he is a hard worker, which reflects onto his businesses. If anybody ever gets the chance to work alongside Levenson, then they should feel honored.