Pegula Parents Net Worth (Updated 2025).
Pegula Parents, a dynamic duo in the world of entrepreneurship and philanthropy, began their career journey in the early 1980s, when Terry and Kim Pegula, then a young couple, decided to venture into the oil and gas industry. Terry, with his background in engineering, and Kim, a former schoolteacher, pooled their resources and expertise to establish East Resources, their first business venture.
Their hard work and innovative strategies quickly propelled them to success. By the late 1990s, East Resources had grown into a significant player in the industry, with operations spanning across the United States. This success not only brought them financial stability but also introduced them to the world of philanthropy. They began to invest in their local community, supporting various educational and health initiatives, a trend that would continue and expand throughout their career.
Table Of Contents
Pegula Parents’ Current Net Worth (2025)
As of 2025, Terry and Kim Pegula’s net worth is estimated to be around $7 billion, according to Forbes. This significant increase from their previous net worth is largely due to the growth of their sports and real estate holdings.
Career
Terry Pegula, a billionaire businessman, co-founded East Resources, a natural gas drilling company, in 1983. He sold it in 2010 for $4.7 billion. Kim Pegula, his wife, is the President of the Pegula Sports and Entertainment, which they founded together. She’s also the first Asian-American female owner in the NFL and NHL.
Other Ventures
The Pegulas own the Buffalo Bills (NFL) and the Buffalo Sabres (NHL). They’re also involved in real estate, with properties including the HarborCenter in Buffalo and the KeyBank Center. Additionally, they founded the Pegula Institute for Innovation and Impact at the University at Buffalo.
Assets
The Pegulas’ assets include their sports teams, real estate properties, and stakes in various businesses. Their portfolio also includes art collections, with notable pieces by artists like Andy Warhol and Roy Lichtenstein. Their primary residences are in Florida and New York.
Annual Income
While the Pegulas’ exact annual income is not publicly disclosed, their wealth growth indicates a substantial income. Their primary sources of income are their businesses, investments, and the revenue generated from their sports teams and real estate holdings.
Frequently Asked Questions about Pegula Parents
**Frequently Asked Questions: Pegula Parents Net Worth**
1. Who are the Pegula parents?
The Pegula parents are Terry and Kim Pegula. Terry is the founder of East Resources, a natural gas drilling company, and Kim is a real estate developer and philanthropist.
2. What is the Pegula family’s net worth?
The Pegula family’s net worth is estimated to be around $6.5 billion.
3. How did Terry Pegula make his money?
Terry Pegula made his fortune through East Resources, a company he founded in 1983. The company specializes in natural gas drilling and exploration.
4. What is Kim Pegula’s role in the family’s wealth?
Kim Pegula is a real estate developer and has played a significant role in the family’s wealth through her business acumen and investments. She is also a philanthropist, involved in various charitable causes.
5. Do the Pegulas have any children?
Yes, Terry and Kim Pegula have four children: Jessica, Matthew, Laura, and Kelly.
6. What are the Pegula children involved in?
The Pegula children are involved in various businesses and philanthropic activities. Jessica and Matthew are involved in the family’s sports teams, while Laura and Kelly are involved in real estate and other business ventures.
7. Do the Pegulas own any sports teams?
Yes, the Pegulas own the Buffalo Bills (NFL) and the Buffalo Sabres (NHL).
8. Are the Pegulas involved in philanthropy?
Yes, the Pegulas are known for their philanthropic efforts. They have donated to various causes, including education, healthcare, and community development.
9. Where do the Pegulas live?
The Pegulas primarily reside in Buffalo, New York.
10. What is the Pegula family’s involvement in real estate?
The Pegula family, particularly Kim Pegula, is involved in various real estate developments. They own and manage numerous properties across the United States.
