Pegula is a multi-billionaire American businessman interested in natural gas development, real estate, entertainment, and professional sports. In addition to owning the Buffalo Sabres of the National Hockey League (NHL), he and his wife, Kim Pegula, own the Buffalo Bills of the National Football League (NFL) as well (NFL).
Whatis Terry Pegula’s net worth?
Terrence Michael Pegula’s net worth is estimated at$ 4.9 billion. He is a successful businessman who has made investments in a variety of fields over the years.
| Year | Net Worth | Increase Rate |
| 2022 | $4.9 billion | 16.66% increase |
| 2021 | $4.2 billion | 20% increase |
| 2020 | $3.5 billion | 25% increase |
| 2019 | $2.8 billion | 21.73% increase |
| 2018 | $2.3 billion | N/A |
Early life and education
Carbondale, Pennsylvania, United States, is where Terrence Michael Pegula was born in 1951. Myron “Rip” Pegula, his father, and Eloise Pegula, his mother, were the parents of this young man (mother). His father was a coal miner as well as a truck driver in his youth.
When it comes to his education, he attended Scranton Preparatory School, where he graduated high school. Penn State University was his next stop, where he earned his Bachelor of Science in petroleum engineering.
Professional Life
The business and investment interests of Terry have been diversified. In the past, he has worked for Getty Oil and Felmont Oil Company. The majority of the company’s assets were sold to Royal Dutch Shell for approximately $4.7 billion in the late 1990s and early 2000s. Also, for $1.75 billion, American Energy Partners, LP acquired the company’s Ohio and West Virginia assets. He also owns JKLM Energy in Pennsylvania and Greater Rocky Mountain Regional Oil & Gas in Colorado and Wyoming.
Other than that, he is also involved in the real estate industry. In 2012, he acquired the development rights to the Webster Block on Buffalo’s waterfront. This includes the LECOM Harborcenter, a $170 million hockey-themed building, andmany parking garages and restaurants. Blue Cross Arena and KeyBank Center were also under his management. It was acquired in 2017 and later renovated in collaboration with Labatt USA.
Additionally, he has invested in Black River Entertainment, an independent country music label. “One Buffalo” is the name of his craft beer, which was launched in partnership with Southern Tier Brewing Company. His shares in Hockey Western New York LLC were acquired in February of that year. It is owned by Hockey Western New York LLC, the Buffalo Bandits, and the Buffalo Sabres, two professional hockey teams. The players and fans felt a positive impact after his purchase.
On September 9, 2014, he won the bidding war for the National Football League’s Buffalo Bills. Among his competitors were Jon Bon Jovi and Donald Trump Jr., the future president of the United States of America. As part of the Bills Toronto Series on December 3, 2014, he placed a large business order. He acquired the Buffalo Beauts of the National Women’s Hockey League on December 21, 2017.
Besides Black River Entertainment, Pegula also owns a stake in the independent country music label. The Black River label, based in Nashville, Tennessee, is home to artists such as KelseaBallerini, KelseaPickler, Craig Morgan, and Black River Publishing and Sound Stage Studio.
Since Performance in Boca Raton, Florida, and LECOM Harborcenter in Buffalo are also owned by Pegula. He sponsored 716 Food and Sport, a sports-themed restaurant with two floors until he sold it in 2021 to Southern Tier Brewing Company.
Kim Pegula is a graduate of Houghton College in Houghton, New York, where the Kerr-Pegula Athletic Complex was built with a $12 million donation from the Pegulas. Baseball and softball fields and a 115,000 square-foot field house with a 200 meter track, five tennis courts, a cardio fitness center, and locker rooms are part of the facility.
Pegula has been identified as a Republican, but he does not express his political views publicly. [40] He and his wife have donated to politicians of both parties, primarily incumbents, for the last few years. [41] While running for governor of Pennsylvania in 2010, Pegula and his wife donated $305,000 to Republican Tom Corbett’s campaign; they were among Corbett”s largest donors as Pennsylvania’s Attorney General at that time.
Terry Pegula’s Wife
In his life, Terry Pegula has had two marriages. The children of his first marriage are Michael and Laura. Kim Kerr Pegula, his second wife, was married in 1983. They tied the knot in 1993, so they’ll soon be celebrating three decades of marriage. Jessica Pegula, Kelly Pegula, and Matthew Pegula are their children.
Phone number
Terrence Pegula’s contact information can be found on this page. It’s 1-307-587-4771 for the office landline number. You can reach him by dialing this number. A landline phone number for his secondary office is also available, 1-716-855-4100.
House Address
Both Terry Pegula and his wife Kim Pegula have bought an enormous home in Western New York. According to public records, five bedrooms and six bathrooms are listed as features of the 11,159-square-foot brick mansion on Mill Road. Garman purchased the land for $510,000 in 1995 and began construction on the two-story house in 1997.
Contact details
| Email Address | Not Available |
| Whatsapp Number | Not Available |
| Discord/Telegram Number | Not Available |
| Personal Website | Not Available |
| www.facebook.com/TerryPegula | |
| www.instagram.com/terry-pegula | |
| www.twitter.com/pegula-terry | |
| Not Available | |
| TikTok | Not Available |
| Snap chat | Not Available |
Quick Info
| Real Name | Terrence Michael Pegula |
| Nick Name | Terry Pegula |
| Profession | Businessperson |
| Age | 70 years old |
| Height | In feet: 5.8 In meter: 1.73m In CM: 173cm |
| Weight | In Kilograms: 80 kg In Pounds: 168 Ibs |
| Relationship | Wife: Kim Pegula(1993- |
| Children | Jessica Pegula, Kelly Pegula, Laura Pegula, Michael Pegula, Matthew Pegula |
| Parents | Father: Myron Rip Pegula Mother: Eloisepegula |
Conclusion
Many young people who aspire to become successful entrepreneurs look up to Terry Pegula as a role model. Worldwide, he’s known for his natural gas fortune and his interest in media and activities. His hardworking & inspiration today, he is a successful businessman in the world.
