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How New York Governor Kathy Hochul Played a Role in Jessica Pegula Becoming Billionaire Heiress

Rishika Singh
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How New York Governor Kathy Hochul Played a Role in Jessica Pegula Becoming Billionaire Heiress

Jessica Pegula has secured her spot as the fourth American semifinalist at this year’s US Open in the singles category, further solidifying her status as one of the top players from the United States. This achievement could be a turning point in her career, as she looks set to make a deep run in her home country’s Grand Slam.

Born and raised in New York, Pegula has a very special and emotional connect with the city. New York Governor Kathy Hochul is one person who is extremely proud of her journey and couldn’t resisting tweeting about it after Pegula won her quarter-final match.

Being a true-blue New Yorker herself, Hochul has often acknowledged the special place Pegula holds in the city’s heart. But interestingly, she goes way back to knowing the Pegula family well.

In 2022, Governor Hochul helped Pegula’s father, Terry Pegula, with an $850 million subsidy to build a new stadium for the Buffalo Bills. While the move was a controversial one, the idea behind it was to help boost the economy in the city and there is no better way to do so than sports.

The move significantly boosted the Pegula family fortune. According to the Buffalo News, Terry Pegula’s net worth jumped to $6.7 billion, a 17.5% increase from last year. And this is the reason why Jessica is known as the ‘billionaire’ heiress in the tennis community.

Pegula’s resurgence is important to bring back American tennis to its glory days. While the other ‘billionaire heiress’, Emma Navarro crashed out in the semifinals on Thursday evening, Pegula is the only American left in the women’s singles event.

If she defeats Karolina Muchova in the semifinals, she is set to take on the reigning Australian Open champion, Aryna Sabalenka in the finals on Saturday. This could perhaps be Pegula’s best chance of winning a Grand Slam, and doing it in her home city, would be quite a feat and matter of celebration.

Post Edited By:Dhruv Rupani

About the author

Rishika Singh

Rishika Singh

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Meet Rishika, the Tennis Writer at The SportsRush who spins words as deftly as Federer spins his backhand. Her tennis obsession began at 12, inspired by her dad’s adoration for Roger Federer (the only correct choice, obviously). An athlete herself, Rishika covers sports in an entertaining yet insightful manner, aiming to draw more fans into the game. When not watching or writing about tennis, Rishika loves baking and cooking, dreaming of one day launching her own food truck. Imagine each bite as delightful as a match point. Rishika’s unique blend of sports passion and culinary dreams makes her a standout voice in sports journalism. She serves up stories with humour and wit, ensuring her readers enjoy every moment of the game.

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