Kim Pegula born on June 7 1969 is a popular businesswoman from Buffalo, New York. Pegula (51) along with her multi-millionaire husband, Terry Pegula (71) are owners of the American football team ‘Buffalo Bills’ which competes in the national football League (NFL). Additionally, they manage various teams from different types of sports such as Lacrosse and Hockey. She is famous in the sports circle and a known figure when it comes to sports team owners/managers or presidents. Kim Pegula is ethnically Korean/Japanese and nationally American.
She started her business journey beginning with her husband’s company ‘East Resources, an oil and gas company which they sold after around ten years. From thereon, their sports team ownership in Buffalo, New York journey started and they are currently active. First, they purchased the professional Hockey team ‘Buffalo Sabres’ along with two other teams, the lacrosse team ‘Buffalo Bandits’ and another Hockey team called ‘Rochester American’. They won the sale of the NFL team ‘Buffalo Bills’ against Donald Trump. Along with sports teams, the pair also owns a record label ‘Black River entertainment’. All these assets are under the parent company they created called ‘Pegulas Sports and Entertainment. In recent times, the pair have acquired more sports teams, a lacrosse team, ‘Rochester Knighthawks’ and ‘Buffalo Beauts’, a National Women’s Hockey League team but it got divested a year later.
With time, her assets have also grown. It is an interesting topic to get to know about her net worth. If you are curious then read on below to find how much Kim Pegula’s Net worth is currently.
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Kim Pegula Net Worth
With all the wealth Kim has accumulated through the years of being a businesswoman, her current net worth stands at a whopping 100 million dollars. She and her husband are multi-millionaires together. What a great pair!
Kim Pegula Early Life
Kim Pegula was born in Seoul, South Korea, and was found abandoned in the streets at the age of five. Kim has shared that she has no recollection of anything and knows only her birth date. Kim was adopted by an American couple, Ralph and Marilyn Kerr after she was brought to America. Her new family turned out lucky for her as she grew up in a healthy and loving environment in a suburb in New York. While at school, Kim was a part of the cheerleading team and also a bassoon player in the school band. After graduating, she went to ‘Houghton college’, the same as her older brother.
In order to earn, while still at college, she and a friend of hers decided to travel to Alaska to work near a fishing camp. But as they could not afford the ticket, led Kim applied for a job at a restaurant in New York. She had no idea that the place was where she was going to meet her future husband. Kim was in an interview for a waitressing gig when she got noticed by Terry who was dining there at the time. Terry asked Kim to join his company at that time, ‘East Resource’. From there on, their relationship started, and finally, they got married in 1993.
Kim Pegula Personal Life
Since their marriage in 1993, Kim has had a total of 3 children (Kelly, Matthew, and Jessica) with Terry. Terry’s marriage with Kim was his second one, and therefore he has 2 children of his from his previous marriage. This means Kim has 2 stepchildren along with her own 3 kids. One of her daughters, Jessica is a Professional Tennis Player. In addition to their home in New York which is in East Aurora, the family also owns another home in Boca Raton in Florida.
Kim and Terry regularly donate to their Alma Maters which are Houghton College and the Pennsylvania State University.
Recently there was news about Kim’s health as she was rushed to the Intensive Care Unit. However, the reason has not been disclosed by the family and therefore it is not sure what actually happened to Kim. Her daughter Jessica Pegula did state that at the time of her Wimbledon championship, her mother was recovering and that her condition had improved a lot. There is no further information as of now about Kim’s health. We hope she gets up and about soon.