Pegula Dad Net Worth (Updated 2026).
Pegula Dad, born Terry Pegula, began his career in the energy industry, founding East Resources in 1983. He started as an entrepreneur, leveraging his background in engineering to build a successful oil and gas company. His hard work and strategic decisions led to significant growth, making East Resources a notable player in the industry.
In 2008, Pegula expanded his business ventures into sports and entertainment. He purchased the Buffalo Sabres, an NHL team, and later the Buffalo Bills, an NFL team. His passion for sports, coupled with his business acumen, quickly made him a prominent figure in the sports world. His dedication to these teams and the Buffalo community has since earned him widespread recognition and fame.
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Pegula Dad’s Current Net Worth
As of 2025, Pegula Dad’s current net worth is estimated to be around $7 billion, according to the latest available information.
Career
Pegula Dad, whose real name is Terry Pegula, is a billionaire entrepreneur and philanthropist. He co-founded East Resources, Inc., a natural gas company, in 1983, which he later sold to Royal Dutch Shell in 2010 for $4.7 billion. He is also the owner of the Buffalo Bills NFL team and the Buffalo Sabres NHL team.
Other Ventures
In addition to his business ventures, Pegula Dad is also involved in philanthropic efforts. He and his wife, Kim, established the Pegula Foundation, which focuses on supporting medical research, education, and community initiatives. The foundation has donated millions to various causes, including the Roswell Park Comprehensive Cancer Center and the University at Buffalo.
Assets
Pegula Dad’s assets include real estate, investments, and sports teams. He owns several properties in Pennsylvania and New York, including a 6,000-acre estate in the Poconos. He also owns the Buffalo Bills and Buffalo Sabres, which are valued at over $2 billion and $1.5 billion respectively, according to Forbes.
Annual Income
Pegula Dad’s annual income is primarily derived from his investments and ownership of the Buffalo Bills and Buffalo Sabres. His exact annual income is not publicly disclosed, but it is estimated to be in the hundreds of millions of dollars. In 2021, Forbes reported that the Buffalo Bills were worth $2.3 billion, and the Buffalo Sabres were worth $1.5 billion, providing a significant source of income for Pegula Dad.
Frequently Asked Questions about Pegula Dad
**Frequently Asked Questions: Pegula Dad Net Worth**
1. Who is Pegula Dad?
Pegula Dad, whose real name is Terry Pegula, is an American businessman and philanthropist. He is best known as the husband of Kim Pegula, co-owner of the Buffalo Bills and Buffalo Sabres.
2. What is Pegula Dad’s net worth?
As of the latest estimates, Pegula Dad’s net worth is approximately $5.5 billion.
3. How did Pegula Dad make his fortune?
Terry Pegula made his fortune through his natural gas exploration and production company, East Resources. He founded the company in 1983 and grew it into one of the largest privately-held natural gas producers in the United States before selling it in 2010.
4. When did Pegula Dad sell East Resources?
Pegula sold East Resources to Royal Dutch Shell in 2010 for $4.7 billion.
5. What is Pegula Dad’s involvement with the Buffalo Bills and Buffalo Sabres?
Pegula Dad and his wife Kim purchased the Buffalo Bills in 2014 and the Buffalo Sabres in 2011. They are actively involved in the operations and decision-making processes of both teams.
6. What is Pegula Dad’s educational background?
Terry Pegula graduated from the Pennsylvania State University with a degree in petroleum and natural gas engineering.
7. What is Pegula Dad’s philanthropic work like?
Pegula Dad and his wife are known for their philanthropic efforts. They have donated millions to various causes, including education, healthcare, and community development in Western New York.
8. Does Pegula Dad have any children?
Yes, Pegula Dad has two children with his wife Kim: a son named Davis and a daughter named Jessica.
9. What is Pegula Dad’s political affiliation?
Pegula Dad is a registered Democrat.
10. What are Pegula Dad’s hobbies and interests?
Pegula Dad is an avid sports fan and enjoys hunting, fishing, and outdoor activities. He is also a passionate collector of vintage cars.
