# Terry Pegula

_American businessman (born 1951)_

Canonical: https://diginpl.com/people/terry-pegula
Last updated: 2026-10-31

> Terrence Michael Pegula (born March 27, 1951) is an American billionaire businessman, sports team owner, and petroleum engineer.

## Quick facts

- **Born:** 27 March 1951 ([Wikidata](https://www.wikidata.org/wiki/Q6381789#P569))
- **Place of birth:** Carbondale ([Wikidata](https://www.wikidata.org/wiki/Q6381789#P19))
- **Citizenship:** United States ([Wikidata](https://www.wikidata.org/wiki/Q6381789#P27))
- **Occupation:** entrepreneur ([Wikidata](https://www.wikidata.org/wiki/Q6381789#P106))
- **Political party:** Republican Party ([Wikidata](https://www.wikidata.org/wiki/Q6381789#P102))
- **Education:** Pennsylvania State University; Scranton Preparatory School ([Wikidata](https://www.wikidata.org/wiki/Q6381789#P69))
- **Spouse:** Kim Pegula ([Wikidata](https://www.wikidata.org/wiki/Q6381789#P26))

## About

He first developed his wealth by creating the company East Resources, which pioneered fracking in the Marcellus Formation. The majority of his wealth comes from sales of parts of the business to Royal Dutch Shell  and American Energy Partners, LP. Pegula mantains interests in natural gas development, real estate, entertainment, and professional sports. His net worth is over US$7 billion.

He is most well known as the owner of the Buffalo Sabres of the National Hockey League (NHL) and, with a consortium of private equity firms and athletes, the Buffalo Bills of the National Football League (NFL). He is also the president of both franchises, alongside several smaller regional teams. He has also donated significant money to the sports programs at Pennsylvania State University and Houghton College. Other public donation records include political campaigns in Pennsylvania and New York.

## Questions

**When was Terry Pegula born?**  
Terry Pegula was born on 27 March 1951 in Carbondale.

**Where did Terry Pegula study?**  
Terry Pegula was educated at Pennsylvania State University, Scranton Preparatory School.

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## Sources

- [Wikipedia (English): Terry Pegula](https://en.wikipedia.org/wiki/Terry_Pegula) — [CC BY-SA 4.0](https://creativecommons.org/licenses/by-sa/4.0/)
- [Wikidata item Q6381789](https://www.wikidata.org/wiki/Q6381789) — [CC0 1.0](https://creativecommons.org/publicdomain/zero/1.0/)
- [Image: Terry Pegula 2015.jpg by Coalman767 (CC BY-SA 4.0)](https://commons.wikimedia.org/wiki/File:Terry_Pegula_2015.jpg)

## Licence and attribution

Text from the Wikipedia article Terry Pegula, licensed under CC BY-SA 4.0. This page's text is shared under the same licence. Facts from Wikidata (CC0). Image: Terry Pegula 2015.jpg — Coalman767, CC BY-SA 4.0.

## Cite this page

"Terry Pegula". DigiNepal. Last updated 31 October 2026. https://diginpl.com/people/terry-pegula. Retrieved 5 November 2026.