B. Wayne Hughes Jr
Overview
- Source of Wealth
- Storage facilities
- Industry
- Real Estate
- Residence
- Jackson, Wyoming
- Education
- University of Southern California (Bachelor of Arts/Science)
- Marital Status
- Married
Assets
- Public Storage5,065,000 shares @ --PSA-US
Biography
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.
About
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.