Tamara Gustavson

Tamara Hughes Gustavson (born 1961) is an American billionaire businesswoman. The daughter of Public Storage co-founder and chairman B. Wayne Hughes, Gustavson is Public Storage's largest shareholder, owning 11% of the company.

Early life and education Gustavson was born in 1961 to B. Wayne Hughes and Marjorie McKechnie. Gustavson attended the University of Southern California, and was a member of the Pi Beta Phi sorority. She graduated in 1983 with a Bachelor of Science in public affairs.

Gustavson was on the board of directors of the USC-CHLA Institute for Pediatric Clinical Research from 2004 to 2008, and has served as Director of the William Lawrence & Blanche Hughes Foundation. She became chairwoman of its board in May 2019. In October 2022, Forbes estimated her net worth at $7.3 billion. She and her husband own Spendthrift Farm, a Thoroughbred race horse breeding farm in Kentucky that is home to ten Kentucky Derby winners and the Hall of Fame mare Beholder.

In May 2022, Gustavson had put her Malibu property on sale for $127.5 million. In October 2022, American businessman Byron Allen bought the property for $100 million.