Terry Pegula is an American billionaire businessman and philanthropist. He is the owner and president of Pegula Sports and Entertainment (PSE), which owns the Buffalo Bills of the National Football League (NFL), the Buffalo Sabres of the National Hockey League (NHL), and the Rochester Americans of the American Hockey League (AHL).
Pegula made his fortune in the natural gas industry. He founded East Resources in 1983, which became one of the largest privately held natural gas producers in the United States. In 2010, he sold East Resources to Royal Dutch Shell for $4.7 billion.
Pegula is a major philanthropist in Western New York. He has donated millions of dollars to various organizations, including the University at Buffalo, the Buffalo Zoo, and the Buffalo Philharmonic Orchestra.
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Terry Pegula
Terry Pegula is an American billionaire businessman and philanthropist. He is best known for owning the Buffalo Bills of the National Football League (NFL) and the Buffalo Sabres of the National Hockey League (NHL).
- Businessman
- Philanthropist
- Sports owner
- Natural gas magnate
- Self-made billionaire
- Major donor to Western New York
- Recipient of the Buffalo Sabres Lifetime Achievement Award
Terry Pegula's success in business and philanthropy has made him a respected figure in Western New York. He is known for his generosity and his commitment to the community. He has donated millions of dollars to various organizations, including the University at Buffalo, the Buffalo Zoo, and the Buffalo Philharmonic Orchestra. Pegula is also a major supporter of the arts and education. He has established the Terry and Kim Pegula Fund for Innovation and Entrepreneurship at the University at Buffalo and the Pegula Family Foundation, which supports a variety of charitable causes.
1. Businessman
Terry Pegula is a successful businessman who has built a fortune in the natural gas industry. He is the founder and former CEO of East Resources, which was one of the largest privately held natural gas producers in the United States. In 2010, he sold East Resources to Royal Dutch Shell for $4.7 billion.
- Founder and former CEO of East Resources
Pegula founded East Resources in 1983 and grew it into one of the largest privately held natural gas producers in the United States. He sold the company to Royal Dutch Shell in 2010 for $4.7 billion.
- Owner of the Buffalo Bills and Buffalo Sabres
Pegula purchased the Buffalo Bills in 2014 and the Buffalo Sabres in 2011. He is committed to keeping both teams in Buffalo and has invested heavily in both franchises.
- Philanthropist
Pegula is a major philanthropist in Western New York. He has donated millions of dollars to various organizations, including the University at Buffalo, the Buffalo Zoo, and the Buffalo Philharmonic Orchestra.
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- Self-made billionaire
Pegula is a self-made billionaire who started his career with nothing. He built his fortune through hard work and determination.
Pegula's success in business is due in part to his entrepreneurial spirit and his ability to identify and capitalize on opportunities. He is also a shrewd negotiator and has a knack for making deals that benefit his businesses.
2. Philanthropist
Terry Pegula is a generous philanthropist who has donated millions of dollars to various organizations, including the University at Buffalo, the Buffalo Zoo, and the Buffalo Philharmonic Orchestra. His philanthropy has had a major impact on the Western New York community.
- Major donor to Western New York
Pegula is one of the largest donors to Western New York. He has donated millions of dollars to various organizations, including the University at Buffalo, the Buffalo Zoo, and the Buffalo Philharmonic Orchestra. His donations have helped to improve the quality of life for many people in the region.
- Established the Terry and Kim Pegula Fund for Innovation and Entrepreneurship
Pegula established the Terry and Kim Pegula Fund for Innovation and Entrepreneurship at the University at Buffalo. The fund supports research and development of new technologies and businesses. It has helped to create jobs and boost the economy in Western New York.
- Supports the arts and education
Pegula is a major supporter of the arts and education. He has donated millions of dollars to the Buffalo Philharmonic Orchestra and the University at Buffalo. He also supports a variety of other educational and cultural organizations.
- Recipient of the Buffalo Sabres Lifetime Achievement Award
Pegula was awarded the Buffalo Sabres Lifetime Achievement Award in 2019. The award is given to individuals who have made significant contributions to the Buffalo Sabres organization. Pegula is the first recipient of the award.
Pegula's philanthropy is motivated by his desire to give back to the community. He believes that everyone deserves a chance to succeed, and he is committed to helping people reach their full potential.
3. Sports owner
Terry Pegula is a prominent sports owner who has made a significant impact on the Buffalo Bills and Buffalo Sabres franchises. He purchased the Bills in 2014 and the Sabres in 2011, and has since invested heavily in both teams. Pegula's ownership has helped to revitalize both franchises and bring success to Western New York.
As a sports owner, Pegula is committed to winning. He has provided both the Bills and Sabres with the resources they need to be successful, including new stadiums and practice facilities. He has also hired talented coaches and general managers to lead both teams. Pegula's commitment to winning has paid off, as both the Bills and Sabres have made significant improvements under his ownership.
Pegula's ownership of the Bills and Sabres has also had a positive impact on the Buffalo community. Both teams are major sources of pride for the city, and their success has helped to boost the local economy. Pegula is also a generous philanthropist who has donated millions of dollars to various organizations in Western New York.
Pegula's success as a sports owner is due in part to his passion for sports. He is a lifelong fan of the Bills and Sabres, and he is committed to bringing success to both teams. Pegula is also a shrewd businessman who has a keen eye for talent. He has assembled a strong management team for both the Bills and Sabres, and he has made wise investments in both franchises.
Pegula's ownership of the Bills and Sabres is a major asset to Western New York. He is a committed owner who is passionate about winning. Pegula has invested heavily in both teams, and he has helped to bring success to Buffalo. Pegula is also a generous philanthropist who has given back to the community in many ways.
4. Natural gas magnate
Terry Pegula's success as a natural gas magnate has been instrumental in his rise to prominence and wealth. Pegula founded East Resources in 1983, which grew to become one of the largest privately held natural gas producers in the United States. In 2010, he sold East Resources to Royal Dutch Shell for $4.7 billion.
Pegula's success in the natural gas industry is due in part to his keen understanding of the market and his ability to identify and capitalize on opportunities. He was an early investor in the Marcellus Shale, a major natural gas field in the United States. Pegula's investment in the Marcellus Shale paid off handsomely, as the field has become one of the most productive natural gas fields in the world.
Pegula's success as a natural gas magnate has allowed him to pursue his other interests, including sports ownership and philanthropy. He is the owner of the Buffalo Bills of the National Football League (NFL) and the Buffalo Sabres of the National Hockey League (NHL). He is also a major philanthropist in Western New York, and has donated millions of dollars to various organizations, including the University at Buffalo, the Buffalo Zoo, and the Buffalo Philharmonic Orchestra.
The connection between Terry Pegula and "natural gas magnate" is significant because it highlights the importance of entrepreneurship and innovation in the United States. Pegula's success story is an example of how hard work, determination, and a keen understanding of the market can lead to great success.
5. Self-made billionaire
Terry Pegula is a self-made billionaire who started his career with nothing. He built his fortune through hard work, determination, and a keen understanding of the natural gas industry. Pegula founded East Resources in 1983, which grew to become one of the largest privately held natural gas producers in the United States. In 2010, he sold East Resources to Royal Dutch Shell for $4.7 billion.
Pegula's success story is an example of how hard work, determination, and a keen understanding of the market can lead to great success. He is a self-made billionaire who has achieved great success through his own efforts. Pegula's story is an inspiration to others who are looking to achieve great things in their own lives.
The connection between "self-made billionaire" and "Terry Pegula" is significant because it highlights the importance of entrepreneurship and innovation in the United States. Pegula's success story is an example of how anyone can achieve great things if they are willing to work hard and never give up on their dreams.
6. Major donor to Western New York
Terry Pegula is a major donor to Western New York. He has donated millions of dollars to various organizations, including the University at Buffalo, the Buffalo Zoo, and the Buffalo Philharmonic Orchestra. His philanthropy has had a major impact on the community.
Pegula's donations have helped to improve the quality of life for many people in Western New York. His support of the University at Buffalo has helped to make it one of the top research universities in the country. His donations to the Buffalo Zoo have helped to make it one of the best zoos in the country. And his support of the Buffalo Philharmonic Orchestra has helped to make it one of the best orchestras in the country.
Pegula's philanthropy is motivated by his desire to give back to the community. He believes that everyone deserves a chance to succeed, and he is committed to helping people reach their full potential.
7. Recipient of the Buffalo Sabres Lifetime Achievement Award
Terry Pegula was awarded the Buffalo Sabres Lifetime Achievement Award in 2019. The award is given to individuals who have made significant contributions to the Buffalo Sabres organization. Pegula is the first recipient of the award.
Pegula's contributions to the Sabres organization are numerous. He purchased the team in 2011 and has since invested heavily in the team, both on and off the ice. He has also been a vocal supporter of the team and the city of Buffalo.
Under Pegula's ownership, the Sabres have made significant improvements. The team has made the playoffs several times and has won several division titles. Pegula has also overseen the construction of a new practice facility for the team and has renovated the team's home arena.
Pegula's contributions to the Sabres organization have been recognized by the team and the community. He is a respected figure in the NHL and is considered to be one of the best owners in the league. The Lifetime Achievement Award is a fitting tribute to Pegula's dedication to the Sabres and the city of Buffalo.
FAQs about Terry Pegula
Terry Pegula is an American billionaire businessman and philanthropist. He is the owner and president of Pegula Sports and Entertainment (PSE), which owns the Buffalo Bills of the National Football League (NFL), the Buffalo Sabres of the National Hockey League (NHL), and the Rochester Americans of the American Hockey League (AHL).
Question 1: What is Terry Pegula's net worth?
Terry Pegula's net worth is estimated to be $5.1 billion, according to Forbes.
Question 2: How did Terry Pegula make his money?
Terry Pegula made his money in the natural gas industry. He founded East Resources in 1983, which became one of the largest privately held natural gas producers in the United States. In 2010, he sold East Resources to Royal Dutch Shell for $4.7 billion.
Question 3: What teams does Terry Pegula own?
Terry Pegula owns the Buffalo Bills of the NFL, the Buffalo Sabres of the NHL, and the Rochester Americans of the AHL.
Question 4: Is Terry Pegula married?
Yes, Terry Pegula is married to Kim Pegula. They have three children.
Question 5: What is Terry Pegula's philanthropy?
Terry Pegula is a major philanthropist in Western New York. He has donated millions of dollars to various organizations, including the University at Buffalo, the Buffalo Zoo, and the Buffalo Philharmonic Orchestra.
Question 6: What awards has Terry Pegula won?
Terry Pegula has won numerous awards, including the Buffalo Sabres Lifetime Achievement Award and the Horatio Alger Award.
Terry Pegula is a successful businessman and philanthropist who has made a significant impact on Western New York. He is a role model for entrepreneurs and philanthropists alike.
Next: Terry Pegula's impact on the Buffalo community
Terry Pegula's Tips for Success
Terry Pegula is a self-made billionaire and successful businessman. He is the owner of the Buffalo Bills and Buffalo Sabres, and he has donated millions of dollars to various charities. Pegula's success is due in part to his hard work, dedication, and commitment to giving back to the community.
Here are five tips for success from Terry Pegula:
Tip 1: Set goals and work hard to achieve them.Pegula believes that setting goals is essential for success. He says, "If you don't have goals, you don't know what you're working towards. And if you don't work hard, you'll never achieve your goals.
Tip 2: Be persistent. Pegula says, "Success doesn't come easy. You have to be persistent and never give up on your dreams." He points to his own experience as an example. He started his business with nothing, but he never gave up on his dream of becoming a successful businessman.Tip 3: Take risks.
Pegula believes that taking risks is essential for success. He says, "If you're not willing to take risks, you'll never achieve anything great." He points to his decision to start his own business as an example. It was a risky decision, but it paid off in the end.Tip 4: Give back to the community.
Pegula believes that it's important to give back to the community. He says, "I've been fortunate to achieve success in my life, and I want to share that success with others." He has donated millions of dollars to various charities, and he is committed to making a difference in the world.Tip 5: Never give up on your dreams.
Pegula says, "No matter what obstacles you face, never give up on your dreams. If you believe in yourself, you can achieve anything." He points to his own experience as an example. He faced many challenges on his way to success, but he never gave up on his dreams.
Conclusion
Terry Pegula is a self-made billionaire and successful businessman. He is the owner of the Buffalo Bills and Buffalo Sabres, and he has donated millions of dollars to various charities. Pegula's success is due in part to his hard work, dedication, and commitment to giving back to the community.
Pegula's story is an inspiration to us all. It shows us that anything is possible if we set our minds to it and never give up on our dreams. Pegula is a role model for entrepreneurs and philanthropists alike. He is a shining example of what can be achieved through hard work, dedication, and a commitment to making a difference in the world.
