B. Wayne Hughes’s profile picture

B. Wayne Hughes

B. Wayne Hughes’s profile picture
Net worth 2018: $2.64 Billion
Industry: Service
Residence: Lexington, Kentucky
Country: United States
BirthDay: 28 September 1933
Sigh: Libra
Children: 2
Education: Bachelor of Arts / Science, University of Southern California
BIOGRAPHY

B. Wayne Hughes was bornon 28 September 1933 in Lexington, Kentucky, United States. B. Wayne Hughes is #929 in List Billionaires People In The World. B. Wayne Hughes cofounded Public Storage in 1972 and has since made a fortune storing Americans' excess junk. The $2.6 billion (sales) company is the world's largest self-storage business, with more than 2,300 locations throughout the U.S. and Europe. In 2011 he formed American Homes 4 Rent, a publicly-traded REIT that owns and rents out nearly 50,000 single-family homes across 22 states. Both Hughes' daughter, Tamara Hughes Gustavson, and his son, B. Wayne Hughes Jr., are billionaires.

NET WORTH STATISTIC
2009

$3.5 Billion

2010

$1.7 Billion

2011

$1.8 Billion

2012

$1.9 Billion

2013

$2 Billion

2014

$2.4 Billion

2015

$2.3 Billion

2016

$2.7 Billion

2017

$2.8 Billion

2018

$2.64 Billion

TIMELINE
2013

In 2013, his filly Beholder won the Breeders' Cup Distaff and was voted the Eclipse Award for American Champion Three-Year-Old Filly

2002

He retired as Chief Executive Officer in November 2002 and remains Chairman of the Board

1990

He was Chairman of the Board and Chief Executive Officer from 1990 until March 1998 of Public Storage Properties XI, Inc

1989

From 1989-90 until the respective dates of merger, he was Chairman of the Board and Chief Executive Officer of 18 affiliated REITs that were merged into the Company between September 1994 and May 1998 (collectively, the "Merged Public Storage REITs")

1980

Wayne Hughes was the company's President and Co-Chief Executive Officer from 1980 until November 1991 when he became Chairman of the Board and sole Chief Executive Officer

1972

An owner of thoroughbred racehorses since 1972, his colt Action This Day won the 2003 Breeders' Cup Juvenile and was voted the Eclipse Award for Outstanding 2-Year-Old Male Horse

1933

Bradley Wayne Hughes (born September 28, 1933) is the founder and chairman of Public Storage, the largest self-storage company in America doing business as a REIT or real estate investment trust

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