Kim and Terry Pegula are more than just the billionaire owners of the Buffalo Bills; they’re the heart and soul behind Buffalo’s sports scene. Since buying the Bills in 2014 and the Buffalo Sabres in 2011, this power couple has transformed the local sports landscape, making them some of the most admired (and wealthiest) NFL owners, with a combined net worth of $8 billion. Yet, despite all the investments and big dreams, one goal has eluded them: bringing a Super Bowl to Buffalo.
Terry’s journey is one of grit and savvy. Starting with a $7,500 loan from his parents, he built an oil and gas empire, founding East Resources in 1983. In 2010, he struck gold, selling the majority of East Resources’ assets to Shell for $4.7 billion. Kim, born in South Korea, has been an equal force, previously serving as president and CEO of Pegula Sports and Entertainment (PSE). Her leadership helped manage their vast sports portfolio until Terry dissolved PSE in 2023, shifting the focus exclusively to the Bills and Sabres.
Beyond the NFL and NHL, the Pegulas have invested in lacrosse (the Buffalo Bandits and Rochester Knighthawks) and hockey (the Rochester Americans). Their daughter, tennis star Jessica Pegula, is also making waves with an estimated net worth of $13 million, showing that sports—and ambition—run in the family.
While Buffalo fans are grateful for the Pegulas’ commitment to their city, the ultimate dream of a Super Bowl victory remains. As Terry declared in 2014, “Owning any professional team is about winning…our primary goal will be to win the Super Bowl and bring championships to Buffalo.” So, can this billionaire duo finally make it happen, or is the Lombardi Trophy destined to remain out of reach?
With their dedication and investments, the Pegulas have built a sports legacy—now it’s time to see if that legacy will include a Super Bowl.
