Who is Terry Pegula?
Terry Pegula is an American billionaire businessman and sports team owner. He is the co-founder and CEO of East Resources, a privately held natural gas exploration and production company. Pegula is also the owner of the Buffalo Bills of the National Football League (NFL) and the Buffalo Sabres of the National Hockey League (NHL).
Pegula was born in Carbondale, Pennsylvania, in 1951. He graduated from Penn State University with a degree in petroleum and natural gas engineering. After working for several oil and gas companies, Pegula founded East Resources in 1983. The company quickly became one of the largest independent natural gas producers in the United States.
In 2014, Pegula purchased the Buffalo Bills for $1.4 billion. He also purchased the Buffalo Sabres in 2011 for $189 million. Pegula is a passionate sports fan and has been credited with revitalizing both the Bills and Sabres franchises.
| Name | Title | Company |
|---|---|---|
| Terry Pegula | Co-Founder and CEO | East Resources |
| Terry Pegula | Owner | Buffalo Bills |
| Terry Pegula | Owner | Buffalo Sabres |
Pegula is married to Kim Pegula, who is the president of the Bills and Sabres. They have three children.
Terry Pegula
Terry Pegula is an American billionaire businessman and sports team owner. He is a prominent figure in the energy industry and has a significant impact on the sports landscape in Western New York.
- Entrepreneur
- Billionaire
- Sports Team Owner
- Philanthropist
- Family Man
- PSU Graduate
- Energy Executive
Terry Pegula's success in business and sports is a testament to his hard work, dedication, and vision. He is a self-made billionaire who built his fortune through his company, East Resources. He is also a passionate sports fan who has invested heavily in the Buffalo Bills and Buffalo Sabres. Pegula is a generous philanthropist who has donated millions of dollars to various charities and organizations in Western New York. He is also a devoted family man who is married to his wife, Kim, and has three children.
1. Entrepreneur
Terry Pegula is a successful entrepreneur who built his fortune through his company, East Resources. He is a self-made billionaire who started his company in 1983 with just $7,500. Today, East Resources is one of the largest privately held natural gas producers in the United States.
- Risk-taker
Entrepreneurs are often willing to take risks in order to achieve their goals. Pegula was willing to quit his job and start his own company, even though he had no guarantee of success. He also invested heavily in the Buffalo Bills and Buffalo Sabres, even though both teams were struggling at the time.
- Innovator
Entrepreneurs are often able to see opportunities that others do not. Pegula saw an opportunity to start his own natural gas company in the early 1980s, even though the industry was dominated by large, established companies. He also saw an opportunity to invest in the Buffalo Bills and Buffalo Sabres, even though both teams were struggling at the time.
- Leader
Entrepreneurs are often able to motivate and inspire others to achieve their goals. Pegula has been able to build a successful team at East Resources and has also been able to turn around the fortunes of the Buffalo Bills and Buffalo Sabres.
- Perseverance
Entrepreneurs often have to overcome challenges and setbacks in order to achieve their goals. Pegula faced many challenges when he started East Resources, but he never gave up. He also faced challenges when he invested in the Buffalo Bills and Buffalo Sabres, but he never gave up on either team.
Terry Pegula's success as an entrepreneur is a testament to his hard work, dedication, and vision. He is a role model for aspiring entrepreneurs who want to achieve their dreams.
2. Billionaire
Terry Pegula is a billionaire businessman and sports team owner. He is the co-founder and CEO of East Resources, a privately held natural gas exploration and production company. Pegula is also the owner of the Buffalo Bills of the National Football League (NFL) and the Buffalo Sabres of the National Hockey League (NHL).
Pegula's wealth is estimated to be $5.1 billion, according to Forbes. He is one of the richest people in the United States and the richest person in Western New York. Pegula's wealth has allowed him to invest heavily in his businesses and sports teams. He has also been a generous philanthropist, donating millions of dollars to various charities and organizations in Western New York.
Pegula's status as a billionaire has given him a platform to make a difference in the world. He has used his wealth to create jobs, support local businesses, and improve the quality of life in Western New York. Pegula is a role model for aspiring entrepreneurs and philanthropists. He shows that it is possible to achieve great success while also giving back to the community.
3. Sports Team Owner
Terry Pegula is a prominent sports team owner who has a significant impact on the sports landscape in Western New York. He is the owner of the Buffalo Bills of the National Football League (NFL) and the Buffalo Sabres of the National Hockey League (NHL).
Pegula's ownership of the Bills and Sabres has had a positive impact on both teams. He has invested heavily in both teams, both on and off the field. He has also been a vocal supporter of both teams and has helped to create a winning culture in both organizations.
Pegula's success as a sports team owner is due to several factors. First, he is a passionate sports fan who is committed to winning. Second, he is a successful businessman who knows how to run a successful organization. Third, he has a strong relationship with the fans and the community.
Pegula's ownership of the Bills and Sabres has been a boon to Western New York. He has helped to revitalize both teams and has made them competitive again. He has also been a generous supporter of the community and has donated millions of dollars to various charities and organizations.
4. Philanthropist
Terry Pegula is a generous philanthropist who has donated millions of dollars to various charities and organizations in Western New York. He is particularly passionate about supporting education, healthcare, and the arts.
One of Pegula's most significant philanthropic contributions was the establishment of the Pegula Family Foundation in 2012. The foundation has donated millions of dollars to various organizations in Western New York, including the University at Buffalo, the Buffalo Zoo, and the Buffalo Philharmonic Orchestra.
Pegula has also been a major supporter of the United Way of Buffalo and Erie County. In 2014, he and his wife, Kim, donated $1 million to the United Way's annual campaign. Pegula has also been a major supporter of Roswell Park Comprehensive Cancer Center. In 2015, he and his wife donated $2 million to the center's capital campaign.
Pegula's philanthropy has had a significant impact on Western New York. He has helped to improve the quality of life for many people in the region. He is a role model for other wealthy individuals who want to give back to their communities.
5. Family Man
Terry Pegula is a family man who is devoted to his wife, Kim, and their three children. He is a strong believer in the importance of family and has said that his family is his top priority.
Pegula's commitment to his family is evident in the way he spends his time. He makes sure to spend quality time with his wife and children, and he is always there for them when they need him. He also makes sure to involve his family in his business and sports ventures. For example, his wife, Kim, is the president of the Buffalo Bills and the Buffalo Sabres.
Pegula's commitment to his family has had a positive impact on his life and career. He has said that his family gives him the support and motivation he needs to be successful. He has also said that his family is his biggest source of happiness.
Pegula is a role model for other family men. He shows that it is possible to be successful in business and sports while also being a devoted husband and father. He is also an example of how important it is to have a strong family support system.
6. PSU Graduate
Terry Pegula is a proud graduate of Penn State University (PSU). He earned a degree in petroleum and natural gas engineering from PSU in 1973. Pegula's education at PSU gave him the and skills he needed to start his own natural gas company, East Resources, in 1983. East Resources is now one of the largest privately held natural gas producers in the United States.
Pegula has said that his education at PSU was "invaluable" to his success in business. He credits PSU with giving him the technical knowledge and practical experience he needed to start and run a successful company. Pegula is also a strong supporter of PSU. He has donated millions of dollars to the university and has served on the PSU Board of Trustees.
The connection between "PSU Graduate" and "terry pegula" is a reminder of the importance of education. Pegula's success story shows that a good education can lead to great things. Pegula is also an example of how PSU graduates are making a difference in the world. PSU is proud to count Terry Pegula as one of its distinguished alumni.
7. Energy Executive
Terry Pegula is a successful energy executive who has built a fortune in the natural gas industry. He is the co-founder and CEO of East Resources, a privately held natural gas exploration and production company. East Resources is one of the largest privately held natural gas producers in the United States.
- Founder and CEO
Pegula is the founder and CEO of East Resources. He started the company in 1983 with just $7,500.
- Natural Gas Industry Leader
Pegula is a leader in the natural gas industry. He has served on the board of directors of the American Gas Association and is a member of the National Petroleum Council.
- Philanthropist
Pegula is a generous philanthropist who has donated millions of dollars to various charities and organizations. He is particularly passionate about supporting education and healthcare.
- Sports Team Owner
Pegula is the owner of the Buffalo Bills of the National Football League (NFL) and the Buffalo Sabres of the National Hockey League (NHL).
Pegula's success as an energy executive is due to several factors. First, he is a visionary leader who has a deep understanding of the natural gas industry. Second, he is a risk-taker who is not afraid to make bold decisions. Third, he is a hard worker who is dedicated to his company and his employees.
Pegula is a role model for aspiring energy executives. He shows that it is possible to achieve great success in the energy industry through hard work, dedication, and vision.
Frequently Asked Questions about Terry Pegula
This section addresses some of the most frequently asked questions about Terry Pegula, an American billionaire businessman and sports team owner.
Question 1: What is Terry Pegula's net worth?
Terry Pegula's net worth is estimated to be $5.1 billion, according to Forbes. He is one of the richest people in the United States and the richest person in Western New York.
Question 2: How did Terry Pegula make his money?
Terry Pegula made his money in the natural gas industry. He is the co-founder and CEO of East Resources, a privately held natural gas exploration and production company. East Resources is one of the largest privately held natural gas producers in the United States.
Question 3: What sports teams does Terry Pegula own?
Terry Pegula is the owner of the Buffalo Bills of the National Football League (NFL) and the Buffalo Sabres of the National Hockey League (NHL).
Question 4: Is Terry Pegula married?
Yes, Terry Pegula is married to Kim Pegula. They have three children.
Question 5: What is Terry Pegula's hometown?
Terry Pegula was born in Carbondale, Pennsylvania.
These are just a few of the most frequently asked questions about Terry Pegula. For more information, please visit his website or follow him on social media.
Summary: Terry Pegula is a successful businessman and sports team owner with a net worth of $5.1 billion. He is the co-founder and CEO of East Resources, a privately held natural gas exploration and production company. He is also the owner of the Buffalo Bills of the NFL and the Buffalo Sabres of the NHL. Pegula is a generous philanthropist and a devoted family man.
Transition to the next article section: Terry Pegula is a role model for aspiring entrepreneurs and sports fans. He shows that it is possible to achieve great success while also giving back to the community.
Conclusion
Terry Pegula is a successful businessman, sports team owner, and philanthropist. He is a self-made billionaire who built his fortune in the natural gas industry. He is also a passionate sports fan who has invested heavily in the Buffalo Bills and Buffalo Sabres. Pegula is a generous philanthropist who has donated millions of dollars to various charities and organizations in Western New York.
Pegula's story is an inspiration to aspiring entrepreneurs and sports fans. He shows that it is possible to achieve great success while also giving back to the community. Pegula is a role model for us all.
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