Terrence Pegula (#371)
- $ 9 B
- Natural gas
- United States
- M
- 75 Years
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About Me
Terry Pegula made a fortune in oil and gas and has since turned it into a sports empire that includes the Buffalo Bills and Buffalo Sabres. His oil and gas outfit, East Resources, sold the bulk of its assets to Royal Dutch Shell for $4.7 billion in 2010. He bought the Sabres the next year for $189 million and in 2014 outbid groups led by Donald Trump and Bon Jovi to pick up the Bills for $1.4 billion. A former math major, Pegula switched to petroleum engineering on a scholarship and joined Getty Oil after graduation. He founded East Resources in 1983 with a $7,500 loan from friends and family to drill sand wells.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Terrence Pegula’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Terrence Pegula’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $9.3B
(May 4, 2026)
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