Wayne Hughes, president of Glendale, Calif.-based Public Storage Inc., was named in Forbes magazine’s list of the world’s billionaires. The list was released Thursday.
Public Storage owns more than 2,100 self-storage facilities in the United States and Europe, with 135 million square feet of rentable space, according to the Forbes profile.
Hughes also owns Spendthrift Farm, a Lexington, Ky., Thoroughbred farm.
Source: Business First, Cook, Hughes Make Forbes Billionaire List