Terry Pegula is a well-known business magnate, find out more about his background, family, career, and 2023 net worth
Jessica Pegula has expressed her emotions in a touching letter about the challenges she and her family faced in the past year. This was after her mother, Kim Pegula, experienced a cardiac arrest. Her sister, Kelly, was able to save her life by administering CPR.
Although Kim Pegula faced a “health issue” in June of the previous year, the family chose to keep the information confidential. However, Jessica’s letter sheds light on the traumatic experience and the emotional toll it has taken on her and her family.
Since then, it has become a trending topic of discussion, with many people now trying to find out more about Jessica Pegula’s father, Terry Pegula. So, let’s find out everything about him.
Who is Terry Pegula, his net worth in 2023, his age, first wife, children, daughter and ethnicity
Who is Terry Pegula?
Terry Pegula is a well-known American billionaire businessman. He has been in the news because his daughter recently revealed that her mother suffered from cardiac arrest last year.
His full name is Terrence Michael Pegula. He was born on March 27, 1951, in Carbondale, Pennsylvania, U.S. Although nothing is known about his mother, his father worked as a truck driver and coal miner.
He did his schooling at Scranton Preparatory School. Later, he attended Pennsylvania State University, where he earned a Bachelor of Science degree in petroleum and natural gas engineering.
He married twice. At first, he married Anne Shirley, with whom he had two children named Michael and Laura. However, they got divorced for personal reasons. Later, he married Kim Pegula. They have three children together, Jessica, Kelly, and Matthew.
He briefly lived in Allegany, New York. He is currently living in Boca Raton, Florida. He is currently 71 years old.
His career
Terry Pegula founded East Resources, a business that specializes in the discovery and production of oil and natural gas, to launch his career in the energy sector. The business expanded under his direction, and it now ranks among the top independent natural gas producers in the northeastern United States. For $4.7 billion, he sold East Resources to Royal Dutch Shell in 2010.
Following the sale of East Resources, he focused on sports ownership and made investments in a number of professional sports teams, notably the Buffalo Bills and the Buffalo Sabres.
In addition to owning teams in the sports industry, Pegula is also a generous donor who has funded several charities and causes, including the Halt Cancer at X Program and the Pegula Ice Arena at Penn State University.
The net worth of Terry Pegula
He has a net worth of about $6.7 billion.
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