B. Wayne Hughes Jr
$2.0B
Born
May 27, 1959
Age
66
Source of Wealth
Storage facilities
Residence
Jackson, Wyoming
Citizenship
United States
Marital Status
Married
Children
0
Education
Bachelor of Arts/Science, University of Southern California
- B. Wayne Hughes Jr. was born into the self-storage business; his father, B. Wayne Hughes (d. 2021), cofounded Public Storage in 1972.
- Hughes Jr. worked at Public Storage for almost two decades, starting in 1983.
- He was vice president of acquisitions from 1992 to 2002 and served on the board until late 2020.
- In 2005 he launched American Commercial Equities, a real estate company that acquires and manages properties in Hawaii and California.
- His Hughes Charitable Foundation focuses on issues such as education, at-risk youth and food and housing insecurity in his home state of Wyoming.
- Hughes Jr. is the founder of Serving USA, a nonprofit that helps military families, victims of crime and former inmates rebuild their lives.
- Hughes Jr.'s sister, Tamara Hughes Gustavson, is also a billionaire.
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