Early Life
David Scott Blitzer was born on September 7, 1969, in Scotch Plains, New Jersey. He graduated from Scotch Plains-Fanwood High School in 1987.
Rise to Success
Blitzer's path to success began with his education at the Wharton School of the University of Pennsylvania, where he graduated magna cum laude in 1991. He joined Blackstone in 1991, where he is now the chairman of the Tactical Opportunities group. In 2011, he partnered with Josh Harris to acquire the Philadelphia 76ers. They later formed Harris Blitzer Sports & Entertainment (HBSE) in 2017. Blitzer is the first person to own team equity in the five major professional sports leagues of North America: the NBA, NHL, NFL, MLS, and MLB.
Key Business Strategies
Blitzer's investment strategy focuses on identifying and capitalizing on opportunities in the sports and entertainment industries. He is known for his strategic partnerships, particularly with Josh Harris, to acquire and manage sports franchises. This includes a focus on youth development through education and athletics. Blitzer's approach also involves data analytics to improve fan experience.
Philanthropy
Blitzer, along with his wife Allison, founded the Blitzer Family Foundation, which supports youth development through education, athletics, and health. He also serves on the boards of various organizations focused on community and youth development, and is a donor to Hillel International.