Charles Butt’s biography, fact, career, awards, net worth & life story

  • Source of Wealth: Supermarkets
  • Age: 81
  • Marital Status: Single
  • Full Name: Charles Clarence Butt
  • Nationality: United States
  • Date of Birth: February 3, 1938
  • Occupation: Businessman
  • Education: University of Pennsylvania Wharton School (BAASc)
  • Children: None

American businessman and grocer, Charles Butt, and family has a net worth of $6.64 billion in July 2017, according to Bloomberg. 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 the age of 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 graduated from University of Wharton School with a Bachelor of Arts / Science and earned a Master of Business Administration from Harvard Business School. He took over the family’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 firm’s Central Market gourmet and organic line increasingly competes with Whole Foods. H-E-B donates 5% of pretax profits to charity. The HEB brand has expanded into several different varieties over the years, including the Central Market brand, a Whole Foods inspired supermarket chain featuring a wide variety of gourmet options, cooking classes.

You May Also Like

Kim Jayde

Learn about Kim Jayde Age, Wikipedia, Boyfriend, Height, Birthday, Instagram, and 10 Facts. Kim Jayde is a model.
Read More