Charles Butt & family
Fashion and Retail

Charles Butt & family Net Worth

3 months ago

Charles Butt was born in San Antonio, TX in 1938 and began working for the family business, H-E-B, at the age of 8. The company was founded by his grandmother, Florence Butt, in 1905 after her husband was diagnosed with tuberculosis. Charles became chairman and CEO in 1971 and is the majority shareholder today, with two siblings and two nephews owning stakes in the company as well. H-E-B has grown to 316 stores in Texas and 52 stores in Mexico, and donates 5% of pretax profits to charity.
Charles Butt & family is a member of Fashion and Retail

Age, Biography and Wiki

Birth Day February 03, 1938
Birth Place San Antonio, TX, United States
Age 85 YEARS OLD
Birth Sign Pisces
Residence San Antonio, Texas, U.S.
Education University of Pennsylvania Harvard University
Occupation Grocer
Title Chairman and CEO, H-E-B
Term 1971-
Parent(s) Howard Edward Butt Sr. Mary Elizabeth Holdsworth

💰 Net worth: $10.7 Billion (2024)

Charles Butt & family's net worth is estimated to reach a staggering $10.7 billion by 2024. Renowned for their contributions to the fashion and retail industry in the United States, they have amassed immense wealth through their successful ventures. With a keen business acumen and a deep understanding of consumer preferences, Charles Butt & family have built an empire that encompasses various fashion and retail brands. Their remarkable net worth is a testament to their relentless pursuit of excellence and their ability to stay ahead of market trends.

2009 $4 Billion
2010 $5.3 Billion
2011 $5.7 Billion
2012 $6.9 Billion
2013 $8.5 Billion
2014 $9.8 Billion
2015 $10.7 Billion
2018 $10.7 Billion

Biography/Timeline

1938

Charles Clarence Butt was born on February 3, 1938, the son of Howard Edward Butt Sr. and Mary Elizabeth Holdsworth, and the grandson of Florence Butt, who founded H.E. Butt in 1905.

1971

He became chairman, CEO and President of the H.E. Butt Grocery Company in 1971.

2001

In November 2001, the Mexican government awarded Butt the Aguila Azteca medal for his philanthropic involvement and Business dealings in Mexico.

2012

In 2012, ExecReps ranked Butt as the #5 CEO on its Top Chief Executive List.

2017

In September 2017, Butt donated $5 million to J. J. Watt's Houston Hurricane Harvey relief fund.

2019

Butt is single. Butt and his family were excluded from the annual Forbes list of the world’s top billionaires beginning in 2016. The magazine changed its methodology to exclude individuals from families that share their fortunes.

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Tags 1938 births Living people American grocers American billionaires Wharton School of the University of Pennsylvania alumni Harvard Business School alumni Recipients of the Order of the Aztec Eagle 20th-century American businesspeople American chief executives of food industry companies American business biography, 1930s birth stubs Texas people stubs

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.