Terry And Kim Pegula Net Worth (Updated 2025).
Terry and Kim Pegula, a dynamic duo in the business and sports worlds, trace their journey back to the early 1980s when they first crossed paths at a Buffalo, New York, restaurant. Terry, a former NFL player, was working as a bartender, while Kim, a graduate student, was a regular customer. Their shared love for Buffalo and its sports teams sparked a friendship that would eventually blossom into a successful business partnership and marriage.
In the late 1980s, the couple took a leap of faith and invested in a fledgling cable television company, which they later grew into a multi-billion dollar media empire, known today as Pegula Sports and Entertainment. Their strategic acquisitions and innovative business decisions, coupled with their passion for sports, have made them household names in the Buffalo community and beyond.
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Terry and Kim Pegula’s Net Worth in 2025
The latest available information pegs Terry and Kim Pegula’s net worth at an estimated $6.2 billion in 2025. This significant figure is a testament to their successful business ventures and strategic investments.
Career
Terry Pegula, a self-made billionaire, began his career as an engineer at Kraft Foods. He later founded East Resources, a natural gas drilling company, which he sold in 2008 for $4.7 billion. Kim Pegula, meanwhile, has been instrumental in the Pegulas’ business ventures, serving as the President and Chief Operating Officer of Pegula Sports and Entertainment.
Other Ventures
The Pegulas have diversified their portfolio beyond their initial success in the energy sector. They own the Buffalo Bills (NFL) and the Buffalo Sabres (NHL), and have invested in real estate, including the HarborCenter complex in Buffalo. They are also involved in philanthropic efforts, such as the Pegula Foundation, which focuses on education, medical research, and community initiatives.
Assets
The Pegulas’ assets include their stakes in the Buffalo Bills and the Buffalo Sabres, valued at over $5 billion combined, according to Forbes. They also own several properties, including the 12,000-square-foot Lake Chautauqua estate they purchased in 2019. Additionally, their investment portfolio includes stakes in various businesses and real estate ventures.
Annual Income
As of 2021, Terry Pegula’s estimated annual income was around $300 million, primarily from his investments and business ventures. However, this figure can fluctuate significantly from year to year due to the nature of their investments and the performance of their assets.
Frequently Asked Questions about Terry And Kim Pegula
Frequently Asked Questions: Terry and Kim Pegula Net Worth
1. What is Terry and Kim Pegula’s net worth?
The latest estimated net worth of Terry and Kim Pegula is $5.5 billion.
2. How did Terry Pegula make his fortune?
Terry Pegula made his fortune through his natural gas and real estate businesses. He co-founded East Resources, a natural gas drilling company, in 1983, which he later sold to Royal Dutch Shell in 2010 for $4.7 billion.
3. What is Kim Pegula’s background?
Kim Pegula is a Korean-American businesswoman. She co-founded East Resources with her husband, Terry Pegula, and is also involved in the family’s real estate and sports ventures.
4. What sports teams do Terry and Kim Pegula own?
The Pegulas own the Buffalo Bills (NFL) and the Buffalo Sabres (NHL). They purchased the Bills in 2014 and the Sabres in 2011.
5. How much did Terry and Kim Pegula pay for the Buffalo Bills?
They purchased the Buffalo Bills for $1.4 billion in 2014.
6. What is the Pegulas’ involvement in the Buffalo community?
The Pegulas are actively involved in the Buffalo community. They have contributed to various charitable causes and initiatives, including the Pegula Ice Arena at Penn State University and the Pegula Center for Allergy and Asthma Care at the University at Buffalo.
7. Do Terry and Kim Pegula have any children?
Yes, the Pegulas have four children: Jessica, Kelly, Laura, and Matthew.
8. What is the Pegulas’ philanthropic work like?
The Pegulas are known for their philanthropic efforts. They have donated to various causes, including education, healthcare, and community development. In 2018, they donated $10 million to the University at Buffalo to support cancer research.
9. What is the Pegulas’ real estate portfolio like?
The Pegulas have a significant real estate portfolio, including properties in Pennsylvania, New York, and Florida. They also own the HarborCenter complex in Buffalo, which includes a hotel, retail space, and the home arena for the Buffalo Sabres.
10. How do Terry and Kim Pegula spend their time outside of their business ventures?
Terry Pegula is an avid sports fan and enjoys hunting and fishing. Kim Pegula is involved in various charitable organizations and enjoys spending time with her family. They both enjoy traveling and have homes in several states.
