All the brands owned by Jessica Pegula's father Terry: From NFL side Buffalo Bills to country music labels and lacrosse teams
American tennis star Jessica Pegula made it to her maiden US Open final in 2024 after a semifinal win against Karolina Muchova. The 30-year-old is the daughter of the American billionaire Terry Pegula, one of the richest men in the country. Jessica claimed in a recent press conference that she was 'annoyed' by people assuming her lavish lifestyle and admitted that she lives a normal life.
Terry Pegula is the 378th richest man in the world, with his net worth estimated to be $7.7 billion. Over the years, Terry has developed his brand and run many successful ventures.
The USA-based business tycoon started by working at Getty Oil and Felmont Oil Corporation. Later, he founded East Resources, a natural gas drilling company with his friends and family in 1983 which was a resounding success.
In 2011, Terry entered the sports market after he bought Hockey Western New York LLC, the company that owns many sports teams. He purchased it for a whopping $189 million and got control of teams like the Buffalo Sabres and Buffalo Bandits.
While the Buffalo Sabres and the Buffalo Bandits of the National Lacrosse League are his two main teams, Terry has invested in other sports teams like the Rochester Americans, the Buffalo Bills, Buffalo Beauts and the Rochester Knighthawks. Out of all, the Buffalo Bandits have been the most successful purchase having won the National Lacrosse League multiple times.
Terry Pegula has other investments apart from sporting teams
Apart from his various sporting teams, Terry Pegula has other investments as well. He owns a share of the Black Label Entertainment, which is a country music label. Also, Terry launched a craft beer named 'One Buffalo' through his partnership with the 'Southern Tier Brewing Company.' The 'One Buffalo' brand later extended to desserts and ice-creams and was a big hit.
Now aged 73, Terry is still working on different projects including his sporting teams and the One Buffalo brand. The American has a net worth of over $7 Billion in 2024.