Terrence Pegula is the owner of the Christensen yacht Top Five.
Pegula is a billionaire from the USA. He was active in the oil and gas industry with his East Resources company.
He now owns a sports empire named Pegula Sports and Entertainment, with investments including the Buffalo Bills and the Buffalo Sabres.
Pegula started as a petroleum engineer at Getty Oil. In 1983 he founded East Resources, with a US$ 7.500 loan from family.
East Resources started searching and drilling for oil and later focused on natural gas. In 2010 Pegula sold most of his East Resources assets to Royal Dutch Shell for US$ 4.7 billion and sold the remaining assets in 2014 for US$ 1.75 billion.
His focus shifted to Sports and Entertainment.
Pegula Sports and Entertainment (PSE) is Terrence Pegula’s sports and entertainment holding company and is based in Buffalo, New York. Terrence’ wife Kim Pegula is the CEO and President of Pegula Sports and Entertainment.
The company’s investments include the Buffalo Bills of the National Football League, the Buffalo Sabres of the National Hockey League, the Buffalo Beauts of the National Women's Hockey League, the Buffalo Bandits (a professional lacrosse team in Buffalo, NY) and the Rochester Americans (a professional ice-
In 2014 PSE placed the winning bid to purchase the Buffalo Bills, beating out a bid from Donald Trump.
The net worth of Terrence Pegula is estimated at US$ 4.5 billion.
Terrence Pegula House
Terrence Pegula lives with his wife Kim in a large house near Boca Raton, Florida. The house has many sporting facilities including a large pool, a basket ball court and 2 tennis courts.
Pegula has 5 children: Michael, Laura, Jessica, Kelly and Matthew. Jessica Pegula is a professional tennis player. (Which may explain the 2 tennis courts in the garden of the Pegula mansion).
We think Pegula owns a private jet, but we have not been able to identify the registration number. We guess that Pegula uses NetJets for the jet’s management.
The yacht Top Five was built by Christensen Shipyards in 2005 as Liquidity for Henry Luken, founder of Luken Communications. (In that period Luken owned Christensen Shipyards).
Later she was purchased by John Rosatti, who named her Nice N Easy. In 2010 Rosatti sold her to Terrence Pegula who named her Top Five. Top Five can accommodate 12 guests and a crew of nine.
Top Five is powered by two MTU engines, which bring her a top speed of 17.5 knots. The interior of the yacht Top Five is designed by Carol Williamson & Associates Ltd. The yacht is available for charter.
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