Billionaire Profile
Tamara Gustavson
Global Rank
#407

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Tamara Gustavson

CEO, Self storage
UNITED STATES
Real-Time Net Worth
$8.599B
Estimated based on Self storage stock value as of March 6, 2026
-0.2% (24h)
Age
64
Source
Self storage
Industry
Service
Citizenship
UNITED STATES

Biography

Tamara Gustavson is a prominent American businesswoman and billionaire. She is the largest shareholder of Public Storage, a leading self-storage company founded by her father, B. Wayne Hughes. Her substantial ownership has solidified her position as one of the wealthiest individuals in the United States, with a net worth of approximately $8.1 billion. She is involved in various ventures, including Spendthrift Farm, a renowned thoroughbred racehorse breeding farm. Gustavson began her career at Public Storage in 1983 and served as senior vice president. She currently sits on the company's board of trustees. She is also involved in philanthropic endeavors, demonstrating a commitment to giving back to the community.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Tamara Hughes Gustavson was born in 1961. She is the daughter of B. Wayne Hughes, co-founder of Public Storage. Growing up in a family with a strong entrepreneurial background, she developed an understanding of business principles early on. She attended the University of Southern California, graduating in 1983.

Rise to Success

Gustavson began her career at Public Storage in 1983, working for the company for two decades. During her time there, she rose through the ranks, eventually becoming a senior vice president. She left the company in 2003 but rejoined the board of trustees in 2008. As of 2022, she remains the largest shareholder of Public Storage, with an 11% stake.

Key Business Strategies

Her strategy revolves around her significant stake in Public Storage. The company's success has driven her wealth. She is also involved with American Homes 4 Rent, where she is the chairwoman.

Philanthropy

Gustavson is involved with the William Lawrence & Blanche Hughes Foundation, which focuses on childhood leukemia research. She has also made donations to various educational institutions and healthcare organizations.

Career Milestones

1983

Joined Public Storage

Began her career at Public Storage after graduating from the University of Southern California.

2003

Left Public Storage

Departed from Public Storage after serving as senior vice president.

2008

Joined Public Storage Board

Rejoined Public Storage as a member of the board of trustees.

2019

Chairwoman of American Homes 4 Rent

Became the chairwoman of the board of American Homes 4 Rent.

Philanthropy & Social Impact

Healthcare

William Lawrence & Blanche Hughes Foundation

Undisclosed

Supports research into childhood leukemia.