B . Wayne Hughes Jr. is an American businessman and philanthropist who is an heir to the Public Storage fortune. His late father, B. Wayne Hughes Sr., co-founded the self-storage giant Public Storage in 1972, revolutionizing the industry and building a real estate empire. B. Wayne Hughes Jr. inherited a significant portion of his father's wealth, which is primarily derived from a large stake in the publicly traded company.

While his wealth is inherited, Hughes Jr. has focused his career on his own ventures and extensive philanthropic work. He is the founder of American Commercial Equities, a private real estate company that owns and manages a portfolio of retail and office properties, primarily in California and Hawaii. He is also a devout Christian and has dedicated a significant amount of his time and resources to faith-based charitable causes, particularly those aimed at helping the homeless and incarcerated individuals through his organization, Serving California.