H-E-B Chairman Charles Butt once again ranks as San Antonio’s wealthiest resident and the only one to break the Top 400 on Forbes’ annual World’s Billionaire’s List.
The head of the Alamo City-based grocery empire rang up a net worth of $11.1 billion this year, placing him at No. 289 on the list. Even though Butt’s is up considerably from the $10.8 billion he posted last year, his position on the list slipped 59 points due an influx of new names and others whose fortunes rose more rapidly.
Yes, despite the well-deserved tidal wave of resentment against the billionaire class, the club just keeps getting bigger, Forbes’ numbers show. The total of 3,428 who made this year’s list was up 400 from 2025. And net wealth of the filthy rich is filthier than ever: up $4 trillion from last year thanks to AI’s growth, booming markets and less government oversight, according to the magazine’s analysis.
Although Butt was the only San Antonian to break into the Forbes 400, the publication counted at least five other folks with ties to the city and net worths topping $1 billion.
Three of those were Butt family members: sister Eleanor Butt Crook (ranked No. 1325 with $4.6 billion) and nephews Howard Butt III and Stephen Butt (tied at No. 1325 and $3.2 billion).
Meanwhile, former Pace Picante Sauce peddler Kit Goldsbury, who now leads Pearl developer Silver Ventures, landed at No. 2,052 with $2 billion, and religious-right political donor James Leininger, founder of medical equipment maker Kinetic Concepts Inc. is at No. 2,177 with $1.9 million.
Tesla and SpaceX owner Elon Musk — a Texan many in the state are unwilling to claim — topped this year’s list with a net worth of $839 billion.
The remainder of the list’s imminently punchable Top 5, in respective order, is comprised of Google’s Larry Page and Sergey Brin, followed by Amazon’s Jeff Bezos and Facebook’s Mark Zuckerberg.
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