The 2023 Forbes World’s Billionaires List puts Butt’s net worth at a mere $7.5 billion, ranking him as only the 299th-richest person on the planet. This is a steep drop from his $12.3 billion in 2015, the last time he graced Forbes’ list. The H-E-B dynasty added three more members to the billionaire club, placing them for the first time on Forbes’ list. Charles’ nephew — Howard Butt III, H-E-B’s current CEO — and Central Market head Stephen Butt both tie on Forbes' list at No. The Alamo City’s self-made billionaire, who frequently topped Forbes’ list, died in February.

Source: Forbes April 26, 2023 16:56 UTC