Howard Butt III & family
$3.0B
Born
Apr 04, 1952
Age
73
Source of Wealth
Supermarkets
Residence
San Antonio, Texas
Citizenship
United States
Marital Status
Married
Children
3
Education
- Howard Butt III is CEO of Texas grocery store chain H-E-B and serves on the board.
- His uncle Charles Butt is the company's chairman.
- His brother, Stephen Butt, is H-E-B's President of Shareholder Relations and its Central Market division, focused on specialty foods, and serves on the board.
- The Butt family owns a majority of the $45 billion (sales) company.
- H-E-B has 455 stores in Texas and Mexico and employs 160,000 people.
- H-E-B gives 5% of pretax profits to charity each year.
- Butt's great-grandmother, Florence Butt, started the company in 1905.
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