Charles Butt Net Worth (Updated 2025).

Charles Butt, a name that has become synonymous with the retail industry, started his career in an unassuming yet strategic manner. Born into a family with a long history in the grocery business, Butt began working at the family-owned Safeway Stores in 1978, after graduating from the University of Texas at Austin. He started at the bottom, working as a bagger and clerk, learning the intricacies of the business from the ground up.

Butt’s rise to fame began when he was tasked with turning around the struggling H.E. Butt Grocery Company, also known as H-E-B, in the late 1980s. He took over the company from his father, Howard E. Butt, who had passed away in 1989. Butt’s innovative approach to business, focusing on customer service and community involvement, not only saved the company but also transformed it into a beloved Texas institution.

Charles Butt’s Current Net Worth (2025)

As of 2025, Charles Butt’s current net worth is estimated to be around $12.5 billion, according to Forbes. This makes him one of the wealthiest individuals in the United States.

Career

Charles Butt is the chairman and CEO of H-E-B, a Texas-based supermarket chain. He took over the family business in 1971 and has since expanded it to over 300 stores across Texas and Mexico. Under his leadership, H-E-B has consistently ranked as one of the best companies to work for in the U.S.

Other Ventures

In addition to H-E-B, Butt has invested in various other ventures. He is a co-owner of the Texas Rangers baseball team and has also invested in real estate and technology startups. He is also a significant philanthropist, donating millions to education, healthcare, and community development initiatives.

Assets

Butt’s assets include a majority stake in H-E-B, which generates billions in annual revenue. He also owns several properties in Texas, including a ranch in Bandera and a home in Austin. His art collection, which includes works by artists like Andy Warhol and Roy Lichtenstein, is also a significant asset.

Annual Income

Charles Butt’s annual income is not publicly disclosed. However, as the majority owner of H-E-B, which generated over $25 billion in revenue in 2020, it’s safe to assume that his annual income is substantial. His net worth growth over the years also suggests a significant annual income.

Frequently Asked Questions about  Charles Butt

Frequently Asked Questions: Charles Butt Net Worth

1. What is Charles Butt’s net worth?

Charles Butt’s net worth is estimated to be around $13.7 billion.

2. How did Charles Butt make his fortune?

Charles Butt inherited H.E. Butt Grocery Company, also known as H-E-B, from his father Howard E. Butt in 1971. He then expanded the company and turned it into one of the largest private companies in the United States.

3. What is H-E-B?

H-E-B is a Texas-based grocery store chain founded by Charles Butt’s father in 1905. It operates over 400 stores in Texas and Mexico.

4. Is Charles Butt the CEO of H-E-B?

No, Charles Butt is the Chairman of the Executive Committee of H-E-B. The current President and CEO of H-E-B is Craig Boyan.

5. What is Charles Butt’s role in H-E-B?

As the Chairman of the Executive Committee, Charles Butt provides strategic direction and leadership for the company. He is also involved in philanthropic efforts through the H-E-B Foundation.

6. How much of H-E-B does Charles Butt own?

Charles Butt owns 100% of H-E-B.

7. What is Charles Butt’s philanthropic work like?

Charles Butt and his family are known for their philanthropic efforts. They have donated millions to various causes, including education, health care, and environmental conservation, through the H-E-B Foundation.

8. What is the H-E-B Foundation?

The H-E-B Foundation is a non-profit organization established by the Butt family to support various causes in Texas. It focuses on education, health care, and environmental conservation.

9. Where does Charles Butt live?

Charles Butt lives in San Antonio, Texas.

10. Does Charles Butt have any children?

Yes, Charles Butt has three children: Dede, Howard, and Charles. They are all involved in the family business and philanthropic efforts.