Terrence Michael Pegula is a billionaire businessman and petroleum engineer from the United States. He amassed his fortune from drilling investments, and he has interests in natural gas development, real estate, entertainment, and professional sports. He is worth $5.8 billion.
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Pegula has a stake in Black River Entertainment, a country music label. The Black River label, situated in Nashville, Tennessee, features acts such as Kelsea Ballerini, Kelsea Pickler, and Craig Morgan, as well as the connected Black River Publishing and Sound Stage Studio.
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What does Terry Pegula own?
Terry Pegula is the owner of the Buffalo Sabres. He purchased the club in 2011 from Tom Golisano. He also co-owns the Buffalo Bills of the National Football League with his wife Kim Pegula (NFL)
The Buffalo Sabres are an ice hockey professional team headquartered in Buffalo, New York. The Sabres are a part of the National Hockey League’s (NHL) Atlantic Division in the Eastern Conference.
The team has twice reached the Stanley Cup Finals, losing to the Philadelphia Flyers in 1975 and the Dallas Stars in 1999. The Sabres and the Canucks are the two longest-running active NHL franchises that have never won the Stanley Cup.
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