Portrait of Tamara Gustavson

Rank #407

Tamara Gustavson

Net worth $8.7B

Self storage · United States

Born
Nov 16, 1961
Age
64
Source
Self storage
Residence
Lexington, Kentucky
Citizenship
United States
Marital status
Married
Children
2
Education
Bachelor of Arts/Science, University of Southern California

Net worth over time

Biography

  • Tamara Hughes Gustavson is the largest shareholder of Public Storage, the self-storage giant her father, B. Wayne Hughes (d. 2021), cofounded in 1972.
  • Gustavson owns about 10% of the company, where she worked from 1983 to 2003. She has sat on its board since 2008.
  • She's also on the board of American Homes 4 Rent, a publicly traded REIT focusing on single-family rental homes that her father cofounded.
  • She's a director of the William Lawrence & Blanche Hughes Foundation, focused on childhood leukemia, and served on the board of her alma mater, USC, from 2010 to 2020.
  • Gustavson and her family own Spendthrift Farm, the iconic thoroughbred racehorse breeding farm, home to ten Kentucky Derby winners.
  • Gustavson's brother, B. Wayne Hughes Jr., is also a billionaire.

Financial assets

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