Terry Pegula Ranked 120th on Forbes 400 List

The Buffalo Bills owner has secured the 120th spot on the 2026 Forbes 400 list with a net worth of $11.8 billion.

Updated on Sept. 28, 2026 in Philanthropy

Bold flat-color editorial illustration showing a steel beam balanced on an industrial valve, representing the executive's combined energy and sports portfolio.
Terry Pegula is ranked 120th on the 2026 Forbes 400 list, with his net worth reaching $11.8 billion following growth in his sports and energy holdings. AI Illustration. Upload story photo >

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Terry Pegula has been named the 120th richest person in America according to the latest Forbes 400 list. His current net worth of $11.8 billion marks a significant increase from his $5.1 billion valuation in 2020.

Why it matters

The ranking reflects Pegula's expansive business portfolio, which includes the Buffalo Bills, Buffalo Sabres, and Rochester Americans, as well as his original wealth from the oil and gas industry.

Pegula ranks 120th out of a group holding a record $8 trillion in collective wealth. This represents a substantial growth from his 2020 net worth of $5.1 billion.

The players

Terry Pegula

He is a billionaire businessman who owns the Buffalo Bills, Buffalo Sabres, and Rochester Americans.

Kim Pegula

She is an entrepreneur and team owner who partnered with Terry Pegula on stadium development.

President Donald Trump

He is the current President of the United States who appeared on the 2026 Forbes 400 list at rank 245.

The details

Pegula has appeared on the annual Forbes 400 list consistently since 2010. Beyond his business holdings, he and Kim Pegula committed $1.25 billion to the development of Highmark Stadium, supported by $850 million in public subsidies from New York state and Erie County.

Timeline

  1. 2010: Terry Pegula began appearing on the Forbes 400 list.

  2. 2020: Terry Pegula held a net worth of $5.1 billion.

  3. 2026: Forbes published the 45th annual 400 richest people list.

Market Landscape

Pegula's standing mirrors the broader consolidation of extreme wealth seen in the 2026 Forbes 400 list, which reaches a record $8 trillion total. His positioning highlights the continued intersection of private sports ownership and massive personal asset growth.

Fans attending games at Highmark Stadium face a 6% surcharge on all ground purchases during events. For a family of four, the total cost to attend a Buffalo Bills game often exceeds $2,000.

The takeaway

The valuation growth reflects the high stakes of modern sports ownership and the significant capital involved in stadium infrastructure. Fans should remain aware of the associated costs, such as event surcharges, when planning their game day budgets.

Further reading

Learn more about local investment efforts in our Philanthropy section.

Source note: This article includes information reported by Democrat and Chronicle.

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Should local taxpayers be expected to help fund the construction of professional sports stadiums?