Hughes Jr. supported CA Assembly Bill 1672, which works to expand the reach of veterans courts dealing with rehabilitation and recovery.
Hughes Jr. held a leading role in the family Business from 1985-1998 as Vice President of Acquisitions. Public Storage operates storage facilities across the United States and Europe as a member of the S&P 500 and FT Global 500. At present (2016), he is a member of the Board of Trustees of Public Storage, alongside his sister Tamara Gustavson.
In 2005, Hughes Jr. founded American Commercial Equities. The firm is based in Malibu, California, and focuses on the management and acquisition of prime real estate properties in California and Hawaii. According to Forbes rankings of The World's Billionaires 2018, Hughes Jr.'s estimated net worth is $1.25 billion (as of March 2018).
In 2013, Hughes Jr. established Serving California. The mission of the foundation is to aid victims of crime and hardship, rehabilitate ex-offenders, and assist veterans impacted by PTSD.
Hughes Jr. is a member of the organization Right on Crime, a nationwide initiative to drive Criminal justice reform. On June 15, 2014, Hughes Jr. spoke at TEDx at Ironwood State Prison about the need for change in the country's prison system.
During the 2016 presidential election, Hughes donated $117,000 to the campaign of Libertarian Gary Johnson.