Last Updated: 04 Apr, 2024 | Views: 304
Age: 73
Profession: Business Men
Other Profession(s): Engineer, Entrepreneur, Businessperson
Famous For: Owner of the Buffalo Sabres
Higher Education: Graduated
Net Worth: $7 Billion
About (Profile/Biography):
In Carbondale, Pennsylvania, on March 27, 1951, Terry Pegula was born. Terry Pegula's dad was a coal miner and truck driver. Terry Pegula graduated from Scranton Preparatory School in high school. Terry Pegula continued his education from there, attending Penn State University, where he graduated with a Bachelor of Science in petroleum and natural gas engineering. Terry Pegula was headquartered in Allegany, New York, starting in 1985.
Terry Pegula Career:
Terry Pegula Work On Oil and Gas Development Industry:
• In 1983, Terry Pegula raised $7,500 from friends and family to launch East Resources, a natural gas drilling company.
• Terry Pegula ultimately sold Royal Dutch Shell the company's properties in Pennsylvania, New York, and the Rocky Mountains for about $4.7 billion.
Terry Pegula Invest in Hockey Western New York LLC:
• For $189 million, Terry Pegula bought Hockey Western New York LLC from its former owners, Dan DiPofi, Larry Quinn, and Tom Golisano.
• Terry Pegula's acquisition had an instant beneficial effect, energizing the club, the former First Niagara Center, as well as players, fans, and alumni.
Terry Pegula Purchased Buffalo Bandits:
• Terry Pegula acquired the Buffalo Bandits, their National Lacrosse League rivals who have won five NLL titles.
• The Bandits won the NLL championship in 2023, which was TerryPegula's first title as the team's owner.
Terry Pegula Work in Real Estate Industry:
• In order to transform 79 Perry Street, which is next to KeyBank Center, into a mixed-use building, Terry Pegula and Labatt USA partnered on its purchase in 2017.
• Additionally, Terry Pegula owns a portion of the independent country music label Black River Entertainment.
Terry PegulaPartnership with Southern Tier Brewing Company:
• Terry Pegula introduced a craft beer under the "One Buffalo" brand, which is available at all of his facilities as well as other locations in the area, thanks to a collaboration with Southern Tier Brewing Company.
• Terry Pegula founded Atlanta, Georgia-based Bison Wealth, a back-office consulting business, in July 2022.
Terry Pegula Unknown Facts:
• In 2010, Terry Pegula gave a $102 million donation to help build the Terry Pegula Ice Arena on campus.
• Terry Pegula gave $12 million to establish the Kerr-Pegula Athletic Complex at Houghton College in Houghton, New York, where Kim Pegula is an alumna.
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