- Real Time Net Worth: $6.8 billion (as of 4/30/24)
- 2023 Forbes 400 Net Worth: $6.8 billion (as of 10/3/23)
- Ranking: #406 in the world today
- Source of Wealth: Natural gas, Self Made
- Age: 73
- Residence: Boca Raton, Florida
- Citizenship: United States
- Marital Status: Married
- Children: 5
- Education: Bachelor of Science in Engineering, Pennsylvania State University
About Terrence Pegula:
Terrence Pegula’s journey to wealth began in the oil and gas industry, which he leveraged to build a sports empire encompassing the Buffalo Bills and Buffalo Sabres. After selling a significant portion of his oil and gas assets to Royal Dutch Shell, he ventured into sports ownership, acquiring the Sabres and later outbidding prominent figures to purchase the Bills. Pegula’s entrepreneurial spirit and strategic investments have propelled him to success across diverse industries.
Wealth History:
Terrence Pegula’s wealth trajectory reflects his astute business decisions and entrepreneurial ventures, solidifying his position among the world’s wealthiest individuals.
Did You Know:
- Pegula’s daughter, Jessica Pegula, is a professional tennis player, adding another dimension to the family’s sports involvement.
- He made a transformative donation of $102 million to Pennsylvania State University, earmarked for a new arena and the launch of a NCAA Division I hockey program, showcasing his commitment to education and sports development.
In Their Own Words:
“Take full responsibilities of failures, and share the successes.” – Douglas Leone
Terrence Pegula’s rise from humble beginnings to sports mogul exemplifies the American dream, showcasing the potential for success through hard work, determination, and strategic investments. As he continues to shape the landscape of sports ownership and philanthropy, his impact reverberates through the Buffalo sports community and beyond, leaving a lasting legacy of achievement and generosity.