Terry Pegula's Primary Residence
Terry Pegula lives primarily in Boca Raton, Florida, where he owns a large waterfront estate on the Intracoastal Waterway. The property is part of a gated community with direct ocean access and extensive security features.
He also maintains a significant presence in Buffalo, New York, where he owns a private residence near the city's waterfront district. This home serves as his base when managing the Buffalo Sabres and Buffalo Bills operations.
Terry Pegula's Real Estate Portfolio
Florida Properties
In Florida, Pegula's portfolio includes multiple high-value properties in Palm Beach County and Collier County. His main Boca Raton estate sits on over an acre of land with custom-built amenities and private docks.
He has also invested in luxury condominiums in Naples, Florida, which are managed through family holding entities. These investments align with his broader strategy of diversifying assets in high-growth Sun Belt markets.
New York Properties
In New York, Pegula owns a penthouse in Manhattan's Billionaires' Row, offering views of Central Park and the Hudson River. The property is registered through a limited liability company for privacy and asset protection.
He also holds commercial real estate interests in Buffalo, including parcels near KeyBank Center and the waterfront. These holdings support his sports and entertainment ventures in the region.
Terry Pegula's Net Worth and Assets
Terry Pegula's net worth is estimated at over $7 billion as of the latest Forbes data, driven largely by his ownership of the Buffalo Bills and Buffalo Sabres. His wealth also stems from the sale of his natural gas company, East Resources, to Royal Dutch Shell.
The Pegula Sports and Entertainment group, which he controls, manages the Bills, Sabres, Rochester Americans, and KeyBank Center. The franchise values of these teams have grown significantly, with the Bills now valued among the top 20 NFL franchises by Forbes.
His investment portfolio also includes stakes in the Pittsburgh Penguins through a minority ownership role. He has expanded his sports holdings through acquisitions and strategic partnerships, reinforcing his position as a major figure in North American professional sports.