Charles Butt

Charles Butt (#290)

Global Rank #290

Country Rank #117

Country United States

Charles Butt is listed among the world billionaires tracked by Iconic Billionaires.

$ 11 B
Supermarkets
United States
M
88 Years

Snapshot

Quick Facts

Global Rank #290

Country Rank #117

Net Worth $11.1B

Previous Worth $11.1B

Worth Change +$0.0B

Country United States

Industry Supermarkets

Age 88 Years

Gender M

Worth As Of May 4, 2026

Last Refreshed 23 Jul 2026, 12:00 AM

Residence San Antonio, Texas

World Billionaires List United States Billionaires Supermarkets

Profile Data

Personal Stats

Age 88

Source Of Wealth Supermarkets

Self Made Score 5

Philanthropy Score 4

Residence San Antonio, Texas

Citizenship United States

Marital Status Single

Education Bachelor of Arts/Science, University of Pennsylvania, The Wharton School

Net Worth Change +$0.0B +0.0% from previous worth

Previous Net Worth $11.1B

Current Net Worth $11.1B

Worth as of May 4, 2026

About Me

Charles Butt is chairman of H-E-B, a Texas-based grocery chain with $50 billion in revenues. He started working for the family-owned business bagging groceries at age 8. Florence Butt, his grandmother, founded the company in 1905 after her husband was diagnosed with tuberculosis and was unable to work. Charles became chairman and CEO in 1971. He handed the CEO job to nephew Howard Butt III in 2021. Howard is also on the board of directors Sister Eleanor Butt Crook is on the board of directors, and nephew Stephen Butt is H-E-B's president of Shareholder Relations and its Central Market Division and a member of the board.

Insights

Did You Know?

H-E-B gives 5% of pretax profits to charity.

H-E-B is one of the largest private employers in Texas, with 160,000 employees.

In 2015, Charles implemented an employee stock ownership program that provides company stock ownership to over 100,000 employees of H-E-B.

Wealth Growth

Net Worth Growth Over Time

Tracking Charles Butt's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth

Period Change Worth Movement

Current Net Worth: $11.1B (May 4, 2026)