The billionaire businessman and philanthropist, Bruce Levenson grew up in Chevy Chase Maryland and was raised by a jewish family. He spent most of his younger life in Washington DC. When he later attended University he did so in St Louis at the Washington University where he received his Bachelor of Arts and then later decided to take up law at the American University. Bruce Levenson was very driven and worked his way to success. At a young age he attended law school at night while working on his journalism career at the well known Washington Star newspaper.
In 1977, Ed Peskowitz and Bruce Levenson founded the United Communications Group (UCG) together which is a business information company that is privately held. The company focuses its attention on analysis as well as data and news. The analysis of healthcare, banking, technology, telecommunications, mortgage, energy as well as a group of other industries. Peskowitz and Levenson started with humble beginnings from Levenson’s apartment where they published their first newsletter about new developments in the oil industry and called it Oil Express. This was the start that formed the basis of the company. From there other publications were bought and the company started a database that included the Oil Price Information Service (OPIS). As well as providing data and analysis United Communications Group also operate and own GasBuddy. GasBuddy is an application that allows users to find the lowest gas prices in their area.
According to ESPN, Bruce Levenson and a group of other businessman in 2004, bought the Atlanta Hawks NBA Team. This team was formerly known as the Atlanta Spirit LLC. Both Ed Peskowitz and Bruce Levenson are the majority owners of the team as well as the large Phillips Arena in Atlanta.