What is the net worth of Jessica Pegula?
Jessica Pegula is an American professional tennis player and heiress who has a net worth of $10 million. As of this writing, Jessica has earned just over $5 million in tournament prizes and has reached number seven in the world rankings.
Jessica is the daughter of billionaires Terry Pegola and Kim Pegola. Pegulas is best known for owning the Buffalo Bills and Buffalo Sabers professional sports teams through its holding company, Pegula Sports.
Terry Pegula made his fortune as the founder of a natural gas company called East Resources. He founded the company in the early 1990s and sold the majority in 2010 to Royal Dutch Shell for $4.7 billion. Before selling the company, he received several billions of profits. In 2014, he earned another $1.75 billion by selling additional East Resources assets and shares to American Energy.
Terry and Kim took this fortune and invested in an empire that now includes fracking, real estate, entertainment and, of course, professional sports.
Terry and Kim bought the Buffalo Bills in 2014 for $1.4 billion. The team has no debts and they have no other partners. Today the team is worth 3-4 billion dollars.
In 2011, Pegulas purchased the Buffalo Sabers NHL team and arena for $189 million. Today, Cypress is worth about $700 million.
Jessica Pegula was born on February 24, 1994 in Buffalo, New York. As we mentioned a moment ago, she is the daughter of Terence and Kim Pegula. Jessica Kim’s mother was born in Seoul but was left on the streets when she was a child. She spent some time in an orphanage before being adopted by an American family at the age of five. Kim does not remember her biological parents or the time she spent in South Korea. Kim and Terry met when she went for an interview to be a waitress at a restaurant in Belfast, New York. Terry was eating in the restaurant at that very moment and they had a conversation. They kept in touch and he then offered her a job at natural gas company East Resources. She accepted him on the show in 1991. In 1993 they got married.
Terry and Kim had three children and Terry married two children from a previous relationship.
In 2011, Jessica received an entry ticket to the US Open Doubles Championship. She and partner Taylor Townsend lost in the third round of the tournament.
In 2012 she was given a wildcard for the championship in Indian Wells. She qualified for the main draw but lost in the first round in three sets.
Jessica Pegula qualified for her first Grand Slam singles tournament at the 2015 US Open. She reached the main draw and won her first match. She lost in the second round in three sets.
By 2018, Jessica had broken into the Top 100 list. After winning the singles title at the Washington Open, her ranking jumped to No. 55. She finished 2019 ranked No. 76 in the world.
At the 2020 US Open, Jessica reached the third round. It was the first time she had gone so far in a major tournament.
In 2021, she climbed into the top 20 and reached the quarter-finals of the Grand Slam at the Australian Open. In May of that year she defeated world number two Naomi Osaka to advance to the second round of the Italian Open, eventually reaching the quarter-finals. In the extra month, she reached the third round of the French Open and the quarter-finals of the German Open. With these two results, Jessica broke into the top 25 rankings for the first time.
In 2022, she reached the quarter-finals at the 2022 Australian, French, and US Open tournaments. On her way to the US Open, Jessica ranked eighth in the world.
In 2021 Jessica married Taylor Jahagen. They met through his job as an executive at Pegula Sports and Entertainment.
Jessica along with her sister launched a restaurant called Healthy Scratch in 2016. The following year, the duo launched a healthy food truck business.
Also in 2017, Jessica single-handedly launched a skincare line called Ready 24.
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