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Founder of Public Storage to Receive Equine Entrepreneurship Award
Public Storage has interests in 2,468 self-storage facilities in 38 states

January 30, 2020: The co-founder of Public Storage Inc, B Wayne Hughes Sr., is receiving the 2019 John W. Galbreath Award for outstanding entrepreneurship in the equine industry by the University of Louisville College of Business equine-industry program. Hughes has interest in horse racing and owned Spendthrift Farm in Lexington, Ky., since 2004. Hughes is credited with creating popular programs to encourage horse ownership and breeding.

B. Wayne Hughes helped shift the breeding-industry paradigm significantly in the last decade,” “He has not been afraid to rethink and experiment to lead the industry in a new direction.” Said by, Sean Beirne, director of the college’s equine program.

The Galbreath Award has been given annually since 1990 to honor entrepreneurial leadership and positive impact on the equine industry. Galbreath was owner of Darby Dan Farm in Lexington and a former Churchill Downs chairman, according to the source.

Thoroughbred horse racing has been a tremendous passion of mine ever since my father took me to the races as a young boy. It’s something he and I got to share together, and I’ve been fortunate to be able to make it a large part of my life and share it with so many that are dear to me. There are few thrills greater than what horse racing can provide, and it is our responsibility to do a better job of improving this great sport so that future generations can enjoy it as much as John Galbreath did and as much as I have.” Said by Hughes.

Award presentation will be on March 2 at the PNC Club inside the university’s football stadium. 

Public Storage is a self-storage real estate investment trust and management firm based in Glendale, California. It has interests in 2,468 self-storage facilities in 38 states, with approximately 167 million net rentable square feet.