Rank #1336
Stephen Butt & family
Net worth $3.2B
Supermarkets · United States
- Born
- May 24, 1955
- Age
- 71
- Source
- Supermarkets
- Residence
- Citizenship
- United States
- Marital status
- Married
- Children
- 2
- Education
Net worth over time
Biography
- Stephen Butt is Texas grocery chain H-E-B's President of Shareholder Relations and its Central Market Division, a brand focused on specialty foods from around the world, and serves on the board.
- His brother, Howard Butt III, is H-E-B's CEO and his uncle, Charles Butt, is chairman.
- Based in San Antonio, H-E-B has 455 stores in Texas and Mexico and does $50 billion in annual revenue.
- Butt's great-grandmother, Florence Butt, started the company in 1905.
- H-E-B gives 5% of pretax profits to charity.