| Category | Information |
|---|---|
| Net Worth | $10 billion |
| Salary | N/A |
| Birthdate | 1961 |
| Birthplace | United States |
| Gender | Female |
| Height | N/A |
| Profession | Businesswoman |
| Nationality | American |
What is Tamara Gustavson’s Net Worth?
Tamara Gustavson, an American businesswoman, has a staggering net worth of $10 billion. She amassed her wealth through inheriting the Public Storage empire, a self-storage company, from her father, B. Wayne Hughes, who founded it. Tamara spent several years working for Public Storage and currently serves on the company’s board of directors.
Highlights
- Tamara Gustavson has a net worth of $10 billion.
- She inherited the Public Storage empire from her father, B. Wayne Hughes.
- Tamara worked for Public Storage from 1978 to 2003 and returned in 2008 as a member of the company’s board of directors.
- She owns 10% of Public Storage’s outstanding equity.
- Tamara also owns 66 storage facilities in Canada and has a 6% stake in American Homes 4 Rent.
Early Life
Tamara “Tammy” Hughes Gustavson was born in 1961 as one of two children from B. Wayne Hughes’ first marriage. Her father’s second wife gave birth to a half-brother named Patrick in 1990, who tragically passed away in 1998 due to childhood leukemia. Tammy graduated from the University of Southern California with a degree in public affairs in 1983.
Career
B. Wayne Hughes founded Public Storage, initially with just one storage locker, in 1972. It has since become the largest chain of storage facilities in America, with over 2,400 locations worldwide. Public Storage is a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol PSA.
Tammy inherited a significant portion of Public Storage after her father’s death. She currently holds a 10% stake in the company and serves on its board of directors. Additionally, she personally owns 66 storage facilities in Canada and has a 6% ownership stake in American Homes 4 Rent, a real estate investment trust co-founded by her father.
Tamara Gustavson is also a member of the Board of the USC-CHLA Institute for Pediatric Clinical Research.
Personal Life
Tamara Gustavson is married to Eric Gustavson, and they have two children together. Following B. Wayne Hughes’ passing in 2021, Tammy and Eric became the primary owners of Spendthrift Farm, an historic Lexington, Kentucky horse breeding farm. Eric represents Spendthrift on the board of directors of the Breeders’ Cup.
Net Worth Over Time
Tamara Gustavson’s net worth has consistently remained impressive due to her ownership stake in Public Storage and other successful investments. The $10 billion net worth estimate reflects her current financial standing.
Components of Net Worth
Tamara Gustavson’s net worth primarily stems from her ownership stake in Public Storage, which accounts for a significant portion of her wealth. In addition, her personal ownership of storage facilities in Canada and her stake in American Homes 4 Rent contribute to her overall net worth.
Furthermore, her ownership of Spendthrift Farm, a prominent horse breeding farm, adds to her financial portfolio.
It’s important to note that net worth estimates are compiled using publicly available information and, unless otherwise stated, should be considered as approximations.
Disclaimer: All net worths mentioned in this article have been calculated using publicly available data and may only be estimates. Corrections and feedback are welcomed.