The Richest People In America: Bradley Hughes

Courtesy of B. Wayne Hughes

#79 Bradley Hughes

$4.5 billion
Source: Public Storage (nyse: PSA - news - people )

Former real estate executive made billions giving folks a place to stash their stuff. Started storage outfit in 1972 after coming across a full warehouse. Original name, "Private Storage", drove customers away; "Public Storage" brought them in droves. Publicly traded firm now largest self-storage company in world; 2,015 locations, 136 million square feet of rentable space in U.S. and Europe. Stock up 22% in past 12 months. Republican gave $1 million to Arnold Schwarzenegger in 2005. Owns Thoroughbred horses. Much richer this year; personal balance sheet credited with previously unaccounted dividends.

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