Yacht Name: Rebecca -
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Charles Butt Net Worth: US$ 10.7 billion -
He is the Chairman and majority shareholder of the grocery chain HEB.
HEB is a privately owned supermarket chain. The company was founded by Florence Butt in 1905. In 1926 a second store was opened by Howard E Butt.
The company now has more than 380 stores. And realizes more than US$ 23 billion in annual sales. The company has 101,000 employees. The company is listed #12 on Forbes’ America’s Largest Private Companies.
Charles Clarence Butt was born in 1938 and is the son of Howard Edward Butt Sr. He is the grandson of HEB founder Florence Butt.
He became chairman of the H.E. Butt Grocery Company in 1971.
His net worth is estimated at US$ 10.7 billion (2019). He is the richest man of San Antonio, Texas.
The Butt family are active philanthropists. They donate 5% of the profits to charity. In November 2001, the Mexican government awarded Butt the Aguila Azteca medal. Dor his philanthropic activities in Mexico.
In 2017 he donated several millions to Houston’s Hurrican Harvey Relieve Fund.
Charles Butt owns a Bombardier Challenger 300 private jet. The jet has registration N797CB. The jet was built in 2007.
He lives in a relative modest house (for one of the richest man in the USA) in San Antonio, Texas.
The sailing yacht Rebecca was built at Pendennis yachts in 1999. Rebecca is designed by German Frers. She can accommodate 8 guests and a crew of 8. The Rebecca yacht is a 42 meter ketch with an aluminum hull. Her max speed is 12 knots.
The boat is not available for yacht charter. And she is not listed for sale.
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