✎ About Charles Butt & family

Charles Butt & family was born on 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

💰Charles Butt & family 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.

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