Terrence Michael Pegula is a well-known American billionaire businessman and petroleum engineer who owns Pegula Sports and Entertainment, which owns the Buffalo Sabres of the National Hockey League (NHL) and the Buffalo Bills of the National Football League (NFL) with his second wife, Kim Pegula (NFL).

Pegula began his career at Getty Oil as a petroleum engineer. He created East Resources in 1983. To start the business, he borrowed $7,500 from his family.

East Resources began looking for oil and drilling for it. Later on, they concentrated on natural gas. He sold the majority of his East Resources holdings to Royal Dutch Shell for US$ 4.7 billion in 2010. In 2014, he sold the remaining assets for $1.75 billion. He moved his concentration to Sports and Entertainment.



Terrence Michael Pegula and his current wife, Kim Pegula, currently reside in Boca Raton, Florida. She was born and raised in Fairport, New York, and graduated from Houghton College.

Who is Terry Pegula’s First Wife?

Terry Pegula’s first marriage produced Michael and Laura, his first two children. Our investigation discovered Anne Shirley as his first wife, despite the fact that little information about her is available.

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