Terrence Pegula

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Terrence Pegula

Terrence Michael "Terry" Pegula (born March 27, 1951 in Carbondale , Pennsylvania ) is an American entrepreneur and owner of the NFL team Buffalo Bills and the NHL team Buffalo Sabers .

Career

Terrence Pegula attended high school (Preparatory School) in Scranton and then took up a degree in mathematics at Pennsylvania State University , which he completed in 1973 as a Bachelor of Science (B.Sc.). He then worked in the petroleum industry, first at Getty Oil in Victoria (Texas) , then at Felmont Oil Co., for which he had worked in Olean (New York) since 1975 . In 1983 he founded East Resources , which was also active in the oil and gas industry. In 2010 he sold the industry, which had meanwhile grown into a large corporation, for a total of 6.45 billion dollars. The Royal Dutch Shell acquired the largest share .

After selling his company, Pegula turned to the sports business. On February 18, 2011, he acquired the holding company Hockey Western New York LLC from the money collected. With this purchase, he became the owner of the sports clubs Buffalo Sabers from the National Hockey League and Buffalo Bandits from the National Lacrosse League . In June 2011, he expanded his influence by buying the Rochester Americans from the American Hockey League . On September 9, 2014, the acquisition of the carried NFL - Franchise Buffalo Bills .

capital

Terrence Pegula is a billionaire. According to the Forbes list in 2015, he has a fortune of about 4 billion US dollars . This puts him at number 452 on Forbes' list of the richest people in the world. Together with his wife, he is involved in numerous companies, many of which have subsidiaries. They range from the oil and gas industry to sports franchises and an independent country music label. He is also the owner of the HarborCenter in Buffalo .

Campaign donations

By 2014, Pegula had donated at least $ 940,000 to campaigning for politicians, most of them members of the Republican Party . The recipients of the donations included Tom Corbett , Senator from Pennsylvania and Scott Brown , former Senator from Massachusetts, as well as Republican presidential candidate Mitt Romney , who received more than $ 150,000 alone. In the 2014 gubernatorial election , they donated $ 25,000 to incumbent New York Governor Andrew Cuomo , a member of the Democratic Party .

Private life

Pegula lives with his family in Boca Raton , Florida . He is married for the second time and has a total of five children. His daughter Jessica Pegula is a professional tennis player.

Individual evidence

  1. ↑ a b Terrence M. Pegula. (PDF; 1.1 MB) In: Buffalo Sabers 2012-13 Media Guide. 2012, p. 6 , accessed on February 14, 2016 (English).
  2. ↑ John Wawrow: Bills bidder Pegula closes on $ 1.75 trillion deal. August 5, 2014, accessed February 9, 2016 .
  3. ^ Jeff Z. Klein, Dave Caldwell: Sabers Sold to an Oil and Gas Executive. In: The New York Times . February 1, 2011, accessed February 14, 2016 .
  4. ↑ James O'Brien: AHL approves Sabers owner Terry Pegula's purchase of Rochester Americans. NBC Sports , June 24, 2011, accessed February 14, 2016 .
  5. ↑ Bills confirm agreement reached with Pegulas to buy franchise. September 12, 2014, accessed February 9, 2016 .
  6. ↑ Terrence Pegula. Retrieved February 9, 2016 .
  7. ↑ a b c Tom Precious: At No. 4, Pegulas are among the wealthiest owners in the NFL. In: The Buffalo News. October 4, 2014, accessed February 18, 2016 .
personal data
SURNAME Pegula, Terrence
ALTERNATIVE NAMES Pegula, Terrence Michael (full name); Pegula, Terry (nickname)
BRIEF DESCRIPTION American entrepreneur
DATE OF BIRTH March 27, 1951
PLACE OF BIRTH Carbondale , Pennsylvania