Tamara Gustavson: Difference between revisions

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'''Tamara Hughes Gustavson''' is an American business executive and billionaire.<ref name="LA Times">{{cite news |last1=Flemming |first1=Jack |title=Public Storage billionaire wants $127.5 million for her Malibu compound |url=https://www.latimes.com/business/real-estate/story/2022-05-17/public-storage-billionaire-wants-127-5-million-for-her-malibu-compound |work=[[Los Angeles Times]] |date=17 May 2022}}</ref><ref name=Forbes>{{cite web|title=Tamara Gustavson|url=https://www.forbes.com/profile/tamara-gustavson/|website=Forbes|access-date=21 February 2022}}</ref> The daughter of [[Public Storage]] co-founder and chairman [[B. Wayne Hughes]],<ref name= LATHughes>{{cite news |last1=Ryanand |first1=Harriet |last2=Hamilton |first2=Matt |title=B. Wayne Hughes: big man on campus |url=https://enewspaper.latimes.com/infinity/article_share.aspx?guid=47a1e93a-7e7b-4101-9365-f2e0d94f6ee2 |access-date=7 July 2022 |publisher=LA Times |date=8 Sep 2019}}</ref> Gustavson is Public Storage’s largest shareholder, owning 11% of the company.<ref name=Forbes /> As of August 2022, she ranked #251 on the Forbes 400 with a net worth of $8 billion.<ref name= Forbes400>{{Cite web|title=The Forbes 400 2021: The Richest People in America|url=https://www.forbes.com/profile/tamara-gustavson/?list=forbes-400&sh=6da013dc48bb}}</ref>
 
==Biography==
Gustavson is the daughter of [[B. Wayne Hughes]], the founder and chairman of [[Public Storage]], a self-storage company. In 1983, Gustavson graduated from the [[University of Southern California]] with a BS degree in public affairs.<ref name=Entrepreneurinformer>{{cite web|title=Tamara Gustavson: Self-Storage Heiress|url=http://www.entrepreneurinformer.com/2014/08/13/tamara-gustavson-self-storage-heiress/|website=Entrepreneurinformer|access-date=14 November 2014}}</ref>
 
==Career==
SinceGustavson 2008joined Public Storage in 1983. She worked at the company for twenty years, rising to senior vice president before leaving in 2003.<ref name=Forbes>{{cite web|title=Tamara Gustavson|url=https://www.forbes.com/profile/tamara-gustavson/|website=Forbes|access-date=21 hasFebruary been2022}}</ref><ref aname= boardUSC>{{cite directornews |last1=Staff Writer |title=Board of PublicTrustees StorageElects Three Members |url=https://news.usc.edu/28417/Board-of-Trustees-Elects-Three-Members/ |access-date=11 July 2022 |publisher=University of Southern California |date=1 July 2010}}</ref> She joined the company’s board of trustees in 2008<ref name=Entrepreneurinformer USC /> Sheand, as of 2022, iswas the largest shareholder with an 11% ofstake.<ref thename=Forbes company/> and, inIn 2016, with an estimated net worth of $4.9 billion, she established herself as the wealthiest person in the state of Kentucky.<ref name=Forbes>{{cite web|title=Tamara Gustavson|url=https://www.forbes.com/profile/tamara-gustavson/|website=Forbes|access-date=21 February 2022}}</ref><ref name="Forbes net worth">{{cite web|title=Tamara Gustavson & family|url=https://www.forbes.com/profile/tamara-gustavson/|work=Forbes|access-date=31 December 2016}}</ref>
 
In May 2019, she was named as chairwoman of the board of trustees for [[American Homes 4 Rent]].<ref>{{Cite web|title=Tamara Hughes Gustavson to Chair American Homes 4 Rent Board {{!}} San Fernando Valley Business Journal|url=https://www.sfvbj.com/news/2019/may/09/tamara-hughes-gustavson-chair-american-homes-4-ren/|access-date=2021-02-12|website=www.sfvbj.com}}</ref> In 2020, she ranked 154 on the Forbes 400 with a net worth of $4.6 billion.<ref>{{Cite web|title=The Forbes 400 2020: The Richest People in America|url=https://www.forbes.com/forbes-400/|access-date=2020-09-09|website=Forbes}}</ref> In October 2022, [[Forbes]] estimated her net worth at $7.3 billion.<ref name=Forbes />
 
==Personal life==
Gustavson married her husband Eric in 1993.<ref name= SanMarinoTribune /> They have two children and live in [[Lexington, Kentucky]].<ref name= CourierJournal>{{cite news |last1=Tobin |first1=Ben |title=How much is Ky.'s richest person worth? Hint: it's in the billions |url=https://www.courier-journal.com/story/money/2019/10/02/richest-person-kentucky-has-net-worth-5-7-billion/3845291002/ |access-date=15 July 2022 |publisher=Louisville Courier Journal |date=3 Oct 2019}}</ref> She and her husband own [[Spendthrift Farm]], a [[Thoroughbred]] race horse breeding farm in [[Kentucky]]<ref name= RedBluff>{{cite news |last1=Barton |first1=Jean |title=Western Livestock Journal Bluegrass Tour, day three |url=https://www.redbluffdailynews.com/2022/06/17/western-livestock-journal-bluegrass-tour-day-three |access-date=11 July 2022 |publisher=Red Bluff Daily News |date=18 June 2022}}</ref> that is home to ten Kentucky Derby winners and the Hall of Fame mare Beholder.<ref name=Forbes /><ref name= TBDN>{{cite news |last1=Kane |first1=Mike |title=Leading Ladies Inducted Into Hall of Fame |url=https://www.thoroughbreddailynews.com/leading-ladies-inducted-into-hall-of-fame/ |access-date=9 August 2022 |publisher=Thoroughbred Daily News |date=5 August 2022}}</ref>
 
In May 2022, Gustavson had put her Malibu property on sale for $127.5 million.<ref name="LA Times" /><ref>{{cite news |last1=Staff |title=Billionaire Tamara Gustavson Lists Majestic Malibu Promontory Estate for $127.5M {{!}} American Luxury |url=https://www.amlu.com/2022/05/24/billionaire-tamara-gustavson-lists-majestic-malibu-promontory-estate-for-127-5m/ |work=www.amlu.com |date=May 24, 2022}}</ref>