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Charles Butt & family Net Worth

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

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

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.