Charles Butt & family

About Charles Butt & family

Birth Day: February 03, 1938
Birth Place: San Antonio, TX, United States
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

Charles Butt & family Net Worth

Charles Butt & family was bornon February 03, 1938 in San Antonio, TX, United States. Charles Butt started working for the family business, Texas grocery chain H-E-B, at age 8. Florence Butt, his grandmother, founded the company in 1905 after her husband was diagnosed with tuberculosis and was unable to work. Her son Howard took over in the 1920s and expanded throughout Texas. Charles became chairman and CEO in 1971 and today is the majority shareholder. Two siblings and two nephews own stakes in the company as well. H-E-B has 316 stores in Texas, plus 52 stores in Mexico, and donates 5% of pretax profits to charity.
Charles Butt & family is a member of Fashion and Retail

💰 Net worth: $10.7 Billion

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

Some Charles Butt & family images

Awards and nominations:

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

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

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.