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Charles Butt Net Worth

Charles Butt Net Worth

How rich is Charles Butt?

Charles Butt Net Worth:
$11.1 Billion

Birth date: February 3, 1938
Birth place: San Antonio, Texas, United States
Profession: Businessperson, Grocer
Education: Harvard Business School
Nationality: United States of America
Children: Howard Edward Butt Sr.
Parents: Mary Elizabeth Butt

Charles Butt net worth, wiki & biography:

American businessman and grocer, Charles Butt, and family has a net worth of $6.4 billion according to FORBES.Charles Butt best known for the HEB supermarket chain in Texas and northern Mexico. The Texas-born Charles Butt started working as a bag boy at age eight in his father’s supermarket. His grandmother Florence Butt, founded H.E. Butt Grocery in 1905 from a small house in Kerrville, Texas.

Charles Butt Net Worth $6.4 Billion

Charles Butt graduated from University of Wharton School with a Bachelor of Arts / Science and earned a Master of Business Administration from Harvard Business School. Charles took over the household ‘s H E B supermarket chain in 1971.The H E B grocery chain now boasts an annual sales of over $15 billion and has stores in Louisiana and Mexico with headquarter in San Antonio. The company’s Central Market gourmet and organic line increasingly competes with Whole Foods. H E B contributes 5% of pretax profits to charity. The HEB brand has expanded into several different varieties through the years, including the Central Market brand, a Whole Foods inspired supermarket chain featuring a large selection of gourmet alternatives, cooking categories.

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