Who Owns the Buffalo Bills?

Although the Buffalo Bills have never won the Super Bowl, the franchise has seen significant improvement since its current owners took over in 2014. 

So, who owns the Bills, how much is he worth, and in what industry did he make most of his wealth? 

Who Is the Owner of the Buffalo Bills?

The owner of the Buffalo Bills is Terry Pegula. He also owns the Buffalo Sabres and is the president of both franchises.

The Bills’ NFL futures odds gradually improved after the Pegulas took the ownership reins. 

Who Are the Co-Owners of the Buffalo Bills?

In December 2024, Pegula and the Bills added 10 limited partners to the ownership group. He sold about 20% of the team to the new minority owners. 

How Much Is the Pegula Family Worth?

The Pegulas are worth approximately $7.7 billion, according to Forbes. 

How Did Terry Pegula Make His Money?

Pegula made most of his fortune in the oil and gas industry. He founded East Resources in 1983 and sold most of its assets to Royal Dutch Shell for $4.7 billion in 2010. 

He is an American billionaire and switched into petroleum engineering after beginning his post-secondary education as a math major. 

Along with his continued ownership of the Bills and Sabres, Pegula has a vested interest in natural gas development, real estate, and entertainment. 

Does the Wilson Family Still Own the Buffalo Bills?

The late founder Ralph Wilson Jr. sold the franchise to the Pegulas in 2014. 

The Pegulas received unanimous approval from the other 31 NFL members, ensuring the Bills stayed in Buffalo.  

Who Are the Buffalo Bills Minority Owners?

The Bills’ 10 minority owners are: Arctos, Rob Palumbo, Sue McCollum, Theresia Gouw, Rob Ward, Mike Joo, Tom Burger, Vince Carter, Tracy McGrady, and Jozy Altidore. 

Carter and McGrady are former professional basketball players who were teammates with the Toronto Raptors. Altidore is a retired professional soccer player.