When did Terry Pegula get rich?
Pegula is the owner of the Buffalo Bills (football) and Buffalo Sabres (hockey) franchises. He made his fortune from East Resources, a natural gas producer he founded in 1983 that acquired leases in the Marcellus and Niobrara shale formations. He sold most of the company in 2010 to Royal Dutch Shell for $4.7 billion.
Is Terry Pegula rich?
Overall, Forbes lists Pegula’s estimated net worth at $6.7 billion. That’s a 17.5 percent increase in his net worth from last year’s list.