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- The Butt familyLearn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.All of this has turned four members of the Butt family into billionaires worth $14 billion combined. The extended Butt family owns approximately 90% of the San Antonio-based firm, which Forbes currently values H-E-B at just over $17 billion. The rest is owned by employees through an ownership program the company created in 2015.www.forbes.com/sites/andreamurphy/2022/10/01/m…The Butt family owns an estimated 90% Texas-based grocery chain H-E-B.www.forbes.com/profile/butt/Who owns H-E-B? The Butt family continues to own H-E-B, which is the fifth-largest privately held company in the United States, according to Forbes, with revenue of about $44 billion in 2023. Chairman, Charles Butt is a grandson of Florence Butt and ranks 353rd among the world's billionaires, according to Forbes, with a net worth of $7.6 billion.www.houstonchronicle.com/business/article/heb-w…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, runs H-E-B's Central Market stores, a Whole Foods competitor, and is on the board of directors. The Butt family owns an estimated 90% of the $39 billion (sales) company.www.forbes.com/profile/howard-butt-iii/Founded in 1905, H-E-B is a regional supermarket chain with 340 stores in Texas and Mexico. The company's Central Market stores compete with Whole Foods and the Mi Tienda stores sell Hispanic foods. H-E-B remains owned by the Butt family.www.forbes.com/companies/h-e-b/
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H-E-B - Wikipedia
H-E-B is the largest privately held company and largest private employer in Texas. [20] H-E-B acquired Favor Delivery as a wholly-owned subsidiary in February 2018. The details of the merger were not disclosed. [21] See more
H-E-B Grocery Company, LP, is an American privately held supermarket chain based in San Antonio, Texas, with more than 380 stores throughout Texas and Mexico. The company also operates Central Market, … See more
The company gives 5% of annual pretax earnings to causes in the areas in which it operates, including education and food banks. The Excellence in Education Awards is an annual … See more
The company was founded on November 26, 1905, when Florence Butt opened the C.C. Butt Grocery Store on the ground floor of her family home in Kerrville, Texas. In 1919, See more
Headquartered in downtown San Antonio, H-E-B operates more than 300 stores in over 150 communities across Texas. As of late 2010, its operations serve approximately "55 … See more
In the mid-1980s, local grocery chains Handy Andy and Centeno joined a lawsuit against H-E-B citing unfair pricing practices. H-E-B eventually settled the suit out of court with … See more
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• "H-E-B homepage". Archived from the original on April 5, 1997. Retrieved October 30, 2013.{{cite web}}: CS1 maint: bot: original URL … See moreWikipedia text under CC-BY-SA license Meet The Four Billionaires Behind H-E-B Supermarkets, Texas
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Butt family, owners of H-E-B, named one of the richest
Butt family - Forbes
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May 18, 2024 · Who owns H-E-B? The Butt family continues to own H-E-B, which is the fifth-largest privately held company in the United States, according to Forbes, with revenue of about $44 billion in 2023.
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