A total of six Alamo City residents, including Butt, landed on Forbes' annual World's Billionaires List.
Join 30,000 locals who stay current on San Antonio news, culture, and events. Get our free newsletters in your inbox three times a week.Join 30,000 locals who stay current on San Antonio news, culture, and events.
Get our free newsletters in your inbox three times a week.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 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.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 and nephews Howard Butt III and Stephen Butt .Since 1986, the SA Current has served as the free, independent voice of San Antonio, and we want to keep it that way. Becoming an SA Current Supporter for as little as $5 a month allows us to continue offering readers access to our coverage of local news, food, nightlife, events, and culture with no paywalls.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.The summer break can be significantly harder for families in need, since many children rely on school meal programs for breakfast and lunch.Torchy’s Denounces Nazis, School Vouchers: The top 10 headlines in San Antonio this week The taco chain released a statement speaking out against hate groups after men in Nazi attire were seen dining in one of its Ft. Worth restaurants.Sanford Nowlin is editor-in-chief of the San Antonio Current. He holds degrees from Trinity University and the University of Texas at San Antonio, and his work has been featured in Salon, Alternet, Creative...
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