B. Wayne Hughes

Date of Birth: September 28, 1933

Zodiac Sign: Libra

Date of Death: August 18, 2021

Biography

B. Wayne Hughes was an influential American businessman best known for founding Public Storage, the largest self-storage company in the United States. Born in Gotebo, Oklahoma, Hughes moved to California where he pursued a career in real estate. He co-founded Public Storage in 1972, which revolutionized the self-storage industry with its innovative business model. Under his leadership, Public Storage grew to become a real estate giant with thousands of locations across the U.S. and Europe. Hughes was also involved in philanthropy, particularly in the fields of education and healthcare, and owned a successful Thoroughbred horse racing and breeding operation.

5 Interesting Facts about B. Wayne Hughes

1. B. Wayne Hughes co-founded Public Storage with a $50,000 investment.

2. He was inducted into the Self Storage Association Hall of Fame in 1997.

3. Hughes made significant contributions to the University of Southern California, his alma mater.

4. He owned Spendthrift Farm, a renowned Thoroughbred horse breeding operation.

5. B. Wayne Hughes was known for his low-profile lifestyle despite his substantial wealth.

5 Most Interesting Quotes from B. Wayne Hughes

1. “Success isn’t just about what you accomplish in your life; it’s about what you inspire others to do.”

2. “The key to success is to focus on goals, not obstacles.”

3. “Innovation distinguishes between a leader and a follower.”

4. “I always believed in giving back to the community that helped me succeed.”

5. “Every great achievement was once considered impossible.”

Highest Net Worth Achieved

B. Wayne Hughes achieved a peak net worth of approximately $2.9 billion.

Children

B. Wayne Hughes had two children: B. Wayne Hughes Jr. and Tamara Gustavson. Both have been actively involved in the family’s business ventures and philanthropy.