B. Wayne Hughes, Jr.’s profile picture

B. Wayne Hughes, Jr.

B. Wayne Hughes, Jr.’s profile picture
Net worth 2018: $1.24 Billion
Industry: Real Estate
Residence: Malibu, California
Country: United States
Education: Bachelor of Arts / Science, University of Southern California
BIOGRAPHY

B. Wayne Hughes, Jr. was born in Malibu, California, United States. B. Wayne Hughes, Jr. is #1733 in List Billionaires People In The World. B. Wayne Hughes Jr. was born into the self storage business. His father, B. Wayne Hughes, founded Public Storage in 1972 and turned it into the largest publicly traded self-storage company in the United States. Hughes Jr. worked at Public Storage for almost two decades, starting in 1983. He was vice president of acquisitions from 1992 to 2002 and still serves on the board alongside his sister, Tamara Hughes Gustavson. Hughes Jr., his father and Gustavson are all billionaires. In 2005 he launched American Commercial Equities, a real estate company that acquires and manages properties in Hawaii and California. With his wife, Wendy, he created the Cantinas Ranch Foundation in Malibu, a place for worship, leadership and the arts. He is also the founder of Serving California, a nonprofit that helps military families, victims of crime and former inmates rebuild their lives.

NET WORTH STATISTIC
2015

$1.3 Billion

2016

$1.4 Billion

2017

$1.3 Billion

2018

$1.24 Billion

TIMELINE
2016

During the 2016 presidential election, Hughes donated $117,000 to the campaign of Libertarian Gary Johnson

1985

held a leading role in the family business from 1985-1998 as Vice President of Acquisitions

1972

Wayne Hughes, the founder and chairman of Public Storage, established in 1972

1672

is backing CA Assembly Bill 1672, which works to expand the reach of veteran’ courts dealing with rehabilitation and recovery

(4.9/155 votes)
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