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Howard Butt III & family

Howard Butt III & family

H. family
-4.36% | - $-135.00M
$2.96 B ₹ 26,912 Cr
Real Time Net Worth #1384 Ranking as of 21 Feb 2026 By Forbes

More on Howard Butt III & family

Gender

Male

Age

71Y

Country

United States

Born On

January, 1955

Deceased

No

Relationship Status

Unknown

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

No

Entrepreneur Type

Inherited

Primary Organization

Unknown

Titles

Unknown

Sources of Wealth

H-E-B

Industry

Retail, Food & Beverage

About Howard Butt III & family


H oward Butt III is an American heir to the H-E-B supermarket fortune. He is the son of Howard Butt Jr. and the great-grandson of the company's founder, Florence Butt, who opened a small grocery store in Kerrville, Texas, in 1905. The company was built into a retail giant by his uncle, Charles Butt, who has served as the company's longtime chairman and CEO.

While his uncle Charles has been the driving force behind the company's massive growth and success, Howard and his siblings inherited a significant stake in the privately held company. His wealth is derived from his ownership of this highly profitable and beloved Texas-based supermarket chain. He is not involved in the day-to-day management of the main H-E-B business but has been involved in the family's other ventures.

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Quick Reads


  • An heir to the H-E-B supermarket fortune.
  • Great-grandson of the company's founder, Florence Butt.
  • His uncle, Charles Butt, is the longtime chairman and CEO of the company.
  • H-E-B is one of the largest private companies in the U.S.
  • His wealth comes from his inherited stake in the family's retail empire.

Early Life and Background


Howard Butt III is an American businessman, the billionaire CEO of the H-E-B Grocery Company, one of the largest and most beloved privately held supermarket chains in the United States. His wealth is generational, tied to the empire founded by his great-grandmother, Florence Butt, who started the company with $60 in 1905 in Kerrville, Texas.

Howard III's career is defined by his executive leadership in the family business and his deep commitment to religious and social philanthropy. His uncle, Charles Butt (the company Chairman), famously built H-E-B into a multi-billion dollar giant and committed the family to a philosophy of giving 5 percent of pretax profits to charity each year.

  • H-E-B Grocery Company (CEO & Board Member): The core private asset, one of the largest and most successful supermarket chains in the U.S., operating 449 stores in Texas and Mexico.
  • Religious Philanthropy: His family is profoundly committed to Christian philanthropy (associated with the Butt Family Foundation).
  • Family Governance: He succeeded his uncle, Charles Butt, in the CEO role, maintaining family leadership over the multi-billion dollar company.
  • Retail Strategy: His success is built on the company's reputation for high quality, low prices, and intense customer loyalty in the Texas market.

Career Journey of Howard Butt III & family


Howard Butt III assumed the role of CEO of H-E-B and serves on the board. His brother, Stephen Butt, is the President of Shareholder Relations and the company's high-end Central Market specialty food division, ensuring shared generational executive control. The family owns an estimated 90 percent of the $42.5 billion (sales) company.

His structural contribution is ensuring H-E-B maintains its unique corporate culture, built on the founder's commitment to care for people and communities. He guides the company's expansion and dedication to giving 5 percent of pretax profits to charity each year. His wealth is tied to the colossal, long-term, stable profitability of the high-volume Texas retail market and his family's tight control over the essential consumer staples sector.

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Howard Butt III & family's Timeline


1905:

His great-grandmother, Florence Butt, starts the company with $60 (Foundational Event).

1971:

His uncle, Charles Butt, takes over the family business (Previous Succession).

Ongoing:

Howard Butt III assumes the role of CEO and sits on the board (Executive Succession).

Ongoing:

H-E-B maintains its commitment to giving 5 percent of pretax profits to charity (Philanthropic Commitment).

Ongoing:

Continues as CEO, guiding the massive, privately held retail giant (Executive Oversight).

Major Business Ventures and Investments


Howard Butt III's wealth is concentrated in his family's controlling stake and executive leadership of the private retail giant, H-E-B Grocery Company.

  • H-E-B Grocery Company (CEO & Board Member): The core private asset, one of the largest and most successful supermarket chains in the U.S., operating 449 stores in Texas and Mexico.
  • Religious Philanthropy: His family is profoundly committed to Christian philanthropy (associated with the Butt Family Foundation).
  • Family Governance: He succeeded his uncle, Charles Butt, in the CEO role, maintaining family leadership over the multi-billion dollar company.
  • Retail Strategy: His success is built on the company's reputation for high quality, low prices, and intense customer loyalty in the Texas market.

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Philanthropy and Social Impact


Howard Butt III's social impact is massive and structural, stemming from H-E-B's role as a major regional employer (160,000 employees) and foundational provider of essential food and consumer goods. His company contributes significantly to the economic stability of Texas and Mexico.

The family's structural contribution to philanthropy is immense: the 5 percent of pretax profits dedicated to charity annually is a major model for corporate social responsibility. His focus on Christian philanthropy and community support (disaster relief, hunger relief, education) defines the moral core of the family's legacy.

Fashion, Style, and Lifestyle


Howard Butt III maintains the professional, conservative style of a Texas corporate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of stability and low-profile authority, reflecting the family's emphasis on Christian values and corporate culture.

Residing in San Antonio, Texas, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to the stewardship of his family's retail legacy, high-level business management, and large-scale religious philanthropy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the CEO of H-E-B, one of the largest private supermarket chains in the U.S.
  • The company gives 5 percent of pretax profits to charity each year.
  • His great-grandmother founded the company with $60 in 1905.
  • His family owns an estimated 90 percent of the $42.5 billion (sales) company.
  • His uncle, Charles Butt, served as Chairman.
  • His brother, Stephen Butt, runs the specialty food division, Central Market.
  • His family is deeply committed to Christian and social justice philanthropy.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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