Pegula Family Net Worth (Updated 2025).
The Pegula family, hailing from Buffalo, New York, began their journey to prominence in the late 20th century. Terry and Kim Pegula, both entrepreneurs at heart, laid the foundation for their success in the energy sector. Terry, with a background in engineering, started his career in the oil and gas industry, eventually co-founding East Resources in 1983. Kim, a former nurse, joined him in the business, bringing her unique perspective and work ethic to the table. Their strategic investments and acquisitions in the energy sector grew East Resources into a significant player in the industry, paving the way for the Pegula family’s rise to fame.
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Pegula Family’s Current Net Worth (2025)
The Pegula family, led by Terry and Kim Pegula, has an estimated net worth of $6.5 billion as of 2025, according to Forbes. This significant wealth is largely attributed to their successful business ventures in the energy sector and their ownership of several prominent sports teams.
Career
Terry Pegula, a graduate of Pennsylvania State University, began his career as an engineer for Eastman Kodak. He later co-founded East Resources, a natural gas drilling company, which he sold to Royal Dutch Shell in 2010 for $4.7 billion. Kim Pegula, meanwhile, has been involved in various business ventures and is currently the President of Pegula Sports and Entertainment.
Other Ventures
The Pegulas have diversified their portfolio beyond energy and sports. They are involved in real estate, having developed the HarborCenter complex in Buffalo, New York. Additionally, they have invested in technology, including a stake in the video game company, Epic Games.
Assets
The Pegula family’s assets include ownership of the Buffalo Bills and Buffalo Sabres sports teams, as well as the HarborCenter complex. They also have significant real estate holdings and investments in various businesses, including Epic Games and the NFL’s Buffalo Bills.
Annual Income
The Pegula family’s annual income is not publicly disclosed. However, their wealth is primarily derived from the success of their energy company and the value of their sports teams and other investments. The value of the Buffalo Bills alone was estimated to be $2.3 billion in 2021, according to Forbes.
Frequently Asked Questions about Pegula Family
**Frequently Asked Questions: Pegula Family Net Worth**
1. What is the Pegula Family’s net worth?
The Pegula Family’s net worth is estimated to be around $7 billion.
2. Who are the members of the Pegula Family?
The Pegula Family consists of Terry and Kim Pegula, along with their children, Jessica and Jack.
3. How did the Pegula Family make their fortune?
The Pegula Family made their fortune primarily through Terry Pegula’s successful career in the natural gas industry, particularly through his company, East Resources.
4. What are the Pegula Family’s business interests?
The Pegula Family has interests in various businesses, including real estate, sports teams (Buffalo Bills and Buffalo Sabres), and energy.
5. Are the Pegula Family involved in philanthropy?
Yes, the Pegula Family is known for their philanthropic efforts. They have made significant donations to various causes, including education, healthcare, and community development.
6. What is the Pegula Family’s connection to the Buffalo Bills and Buffalo Sabres?
Terry Pegula is the owner of both the Buffalo Bills (NFL) and the Buffalo Sabres (NHL). He purchased the Bills in 2014 and the Sabres in 2011.
7. How much did Terry Pegula pay for the Buffalo Bills?
Terry Pegula paid $1.4 billion for the Buffalo Bills.
8. What is the Pegula Family’s real estate portfolio like?
The Pegula Family’s real estate portfolio includes properties in various locations, such as New York, Florida, and Pennsylvania.
9. Are the Pegula Family active on social media?
Yes, Terry Pegula is active on Twitter, where he often shares updates about the Buffalo Bills and Buffalo Sabres. The family is also involved in the social media presence of the teams they own.
10. What is the Pegula Family’s stance on climate change and the environment?
The Pegula Family has not made public statements about their personal stance on climate change. However, their business ventures in the energy sector suggest they are involved in the industry’s efforts to transition towards cleaner energy sources.