Last Updated: 22 Jan, 2023 | Views: 964
Age: 86
Profession: CEO
Other Profession(s): Business Executive
Famous For: Chairman and CEO, H-E-B
Higher Education: Graduated
Net Worth: US$10 billion
About (Profile/Biography):
Charles Clarence Butt, CEO of H.E. Butt Grocery Company, was born on February 3, 1938. Known as a billionaire and heir, he hails from the United States. He inherited a chain of H-E-B supermarkets based in San Antonio in 1971. In addition to its 300 stores, Forbes reports that the privately held company has sales of $31 billion. After graduating from the Wharton School, he joined the Sigma Chi fraternity. During his time at Harvard Business School, he earned an MBA.
Charles Butt Career:
1971: Charles Clarence Butt became president and CEO of "H.E. Butt Grocery Company".
2019: According to Forbes, Charles Butt and Family's net worth was over US$10 billion at the end of 2019.
Charles Clarence Butt pledged $50 million to support the training of Texas public school teachers through the Raising Texas Teachers scholarship fund.
Charles Clarence Butt’s mother, Mary Elizabeth Butt (née Holdsworth), inspired him to dedicate $100 million to Texas public education and create The Holdsworth Center.
2017: Butt made a $5 million donation in September 2017 to J. J. Watt's Houston Hurricane Harvey relief fund.
However, as of May 2018, Butt has pledged to The Giving Pledge and has stated that he plans to help children and teachers.
Charles Butt Awards:
Butt ranked #5 on AdvisoryCloud's 2013 list of Top Chief Executives.
Among Butt's philanthropic involvement and business dealings in Mexico, the Mexican government awarded him the Aguila Azteca medal in November 2001.
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