| Name: | Terrence Pegula |
| Net Worth: | $6.7 billion |
| Source of Wealth: | East Resources / Pegula Sports and Entertainment |
| Born: | March 27, 1951 |
| Age: | |
| Country: | USA |
| Wife: | Kim Pegula |
| Children: | Jessica Pegula, Kelly Pegula, Laura Pegula, Matthew Pegula, Michael Pegula |
| Residence: | Boca Raton, Florida, USA |
| Private Jet: | Netjets |
| Yacht | Top Five II |
Terry Pegula, born in 1951, is an American billionaire who made his fortune in the oil and gas industry with his company, East Resources. Alongside his wife, Kim Pegula, he now owns and manages Pegula Sports and Entertainment, a sports and entertainment holding company that includes the Buffalo Bills and the Buffalo Sabres.
Starting his career as a petroleum engineer at Getty Oil, Pegula founded East Resources in 1983 with a $7,500 loan from his family. Initially focusing on oil, the company later shifted its attention to natural gas. After selling most of the company’s assets for billions, Pegula transitioned to the sports and entertainment industry.
Pegula Sports and Entertainment (PSE), based in Buffalo, New York, is the holding company for a range of investments, including the Buffalo Bills of the NFL, the Buffalo Sabres of the NHL, and the Buffalo Beauts of the National Women’s Hockey League. PSE also owns the professional lacrosse team Buffalo Bandits and the professional ice hockey team Rochester Americans.
In 2014, PSE purchased the Buffalo Bills for $1.4 billion, outbidding Donald Trump. Additionally, Pegula paid $189 million for the Hockey Western New York Company, which owns both the Sabres and the Buffalo Bandits.
With an estimated net worth of $6.7 billion, Mr. Pegula is known for his philanthropy, supporting causes such as cancer research, youth sports programs, and his alma mater, Penn State University. He has donated millions to various educational institutions for the construction of sports facilities.
Pegula is the owner of several assets, including:
Terry and Kim Pegula have five children, one of whom is professional tennis player Jessica Pegula. The Pegulas have a passion for yachting, and their latest vessel, Top Five II, is named after their children.
Terry’s wife Kim Pegula is co-owner of the Buffalo Bills. Kim is the President of the family’s Pegula Sports and Entertainment. Terry and Kim met in a restaurant, where Kim was soliciting for a job. He offered her a job at his gas company.
Their daughter Jessica Pegula is an American professional tennis player. She was born on February 24, 1994. Jessica competed in the 2022 US Open. Her highest ranking was No 7. in the world.
He used a US$ 7.500 loan from his family to fund the company East Resources. He started drilling for oil and later for natural gas. He sold the company for more than $6 billion to Shell PLC.
Terry and Kim met in a restaurant, where Kim was soliciting for a job. He offered her a job at his gas company.
They live in Boca Raton, Florida, USA.
Boca Raton is a city located in Palm Beach County, Florida, United States. It is a popular tourist destination known for its beautiful beaches, upscale shopping and dining, and high-end residential communities.
Boca Raton has a long history, with roots dating back to the early 20th century when it was developed as a resort town. Today, the city is home to a diverse population of over 100,000 residents, and is considered one of the most affluent cities in the country.
One of the city’s most famous landmarks is the Boca Raton Resort & Club, a luxury resort and spa that has been a popular destination for generations. The resort is known for its beautiful grounds, stunning beaches, and world-class amenities.
In addition to its many tourist attractions, Boca Raton is also a hub for commerce and industry, with a thriving business community that includes many large corporations and leading technology companies. The city is also home to several top-ranked schools and universities, including Florida Atlantic University and Lynn University.
https://en.wikipedia.org/wiki/TerrencePegula
https://www.forbes.com/profile/terrencepegula/
http://www.psentertainment.com/inside/20
https://twitter.com/pegulase?lang=en
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He lives with his wife Kim in a large house near Boca Raton, Florida. The house has many sporting facilities. Including a large pool, a basketball court and 2 tennis courts.
They have 5 children. Michael Pegula, Laura Pegula, Jessica Pegula, Kelly Pegula, and Matthew Pegula. Jessica Pegula is a professional tennis player. This may explain the 2 tennis courts in the garden of their mansion.
Boca Raton, Florida is a picturesque coastal city located in the southeastern part of the state, known for its stunning beaches and luxurious lifestyle. Established in the early 20th century, the city boasts a rich history, with notable landmarks such as the Boca Raton Resort & Club, a historic hotel built by architect Addison Mizner. Home to a number of top-notch golf courses and parks, outdoor enthusiasts can enjoy the city’s sunny climate year-round.
Boca Raton also has a vibrant arts and culture scene, featuring the Boca Raton Museum of Art and a variety of galleries, theaters, and live music venues. The city offers an upscale shopping experience with its prominent shopping centers, such as Mizner Park and Town Center at Boca Raton, attracting visitors from all over the world.
His yacht Top Five II was built at Hakvoort in 2021. She is one of the largest Hakvoort yachts ever built. The superyacht is designed by Sinot Yacht Design.
Under the hood, Top Five II is equipped with Caterpillar engines that deliver a top speed of 16 knots, while her cruising speed stands at an impressive 14 knots. This blend of power and performance ensures smooth sailing and a comfortable experience for those on board.
We think he doesn’t own a private jet, and that he uses NetJets for transport. But please do send us a message if you have information about his business jet.
NetJets: The Pioneers of Luxury Private Aviation
NetJets is the world’s leading provider of fractional jet ownership and private jet travel solutions, offering unmatched flexibility and convenience to its clientele. Established in 1964 as Executive Jet Aviation, NetJets pioneered the concept of fractional jet ownership in 1986, forever transforming the landscape of private aviation.
With a vast fleet of over 750 aircraft, NetJets provides access to diverse aircraft types, ensuring that clients can select the perfect jet for their travel needs. Owners can choose from a range of premium aircraft, including renowned brands such as Bombardier, Cessna, Embraer, and Gulfstream, which cater to both short-haul and intercontinental journeys.
NetJets is dedicated to providing the highest levels of safety and service, ensuring a seamless and enjoyable travel experience. The company employs more than 3,000 expert pilots and maintains a global infrastructure that guarantees around-the-clock support for its customers.
As a testament to its commitment to sustainability, NetJets is actively working to reduce its environmental impact. The company has partnered with organizations like ClimateCare to offset its carbon emissions, and is investing in the development of Sustainable Aviation Fuel (SAF) to further minimize its ecological footprint.
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Yacht Owners Database 2024
