Levy (born 1941) is the chairman of the libertarian Cato Institute as well as a director of the Institute of Justice, and the organizer and financier behind District of Columbia v. Heller, as well as Heller's co-counsel, in the Supreme Court Case that established the Second Amendment as affirming an individual right to gun ownership.
Their quarterly release of rankings would prompt articles in The New York Times and The Wall Street Journal . Levy sold the company in 1986 to Dutch publishing firm Elsevier for an undisclosed amount.