San Antonio's H-E-B family tops Forbes list of richest billionaires
BILLIONAIRE ROLL CALL
According to Forbes, half of all of the world’s billionaires are less wealthy than they were in 2022. That might be true for San Antonio's richest billionaire Charles Butt, but that’s not the case for most other San Antonio-area billionaires.
The 2023 edition of Forbes’ World’s Billionaires List declared Butt's net worth at $7.5 billion, placing him as the 299th richest person in the world. The HE-B Chairman's current fortune is much lower than his 2015 net worth of $12.3 billion, which is when he last appeared on Forbes radar.
Three other Butt family members are first-time entrants on Forbes list. Eleanor Butt Crook, the 90-year-old heiress to the H-E-B grocery fortune, has a net worth of $2.8 billion, making her No. 1067 on the list. Forbes lists her residence in San Marcos, right in between San Antonio and Austin. H-E-B CEO Howard Butt III and Central Market leader Stephen Butt also made the list, both tied for No. 1575 with the same net worth of $1.9 billion.
Other San Antonio-area billionaires that made Forbes 2023 world’s richest list are:
- Investor Christopher Goldsbury: tied for No. 1627, $1.8 billion, unchanged from last year
- Healthcare founder James Leininger: tied for No. 1725, $1.7 billion, unchanged from last year
Elsewhere in Texas, Austin's richest billionaire Elon Musk has a net worth at $180 billion, which is $39 billion less than his 2022 net worth of $219 billion. The Tesla and SpaceX founder is the richest person in Texas and second richest person in the world, wedging his way between No. 1 Bernard Arnault of France (overseer of the LVMH empire of 75 fashion and cosmetics brands, including Louis Vuitton and Sephora), with a net worth of $211 billion; and No. 3 Jeff Bezos, the American Amazon founder, worth $114 billion.
The Fort Worth-based Walmart family heiress Alice Walton earned a spot on Forbes’ list as the third richest woman in the world. Her fortune is pegged at $56.7 billion, down slightly from $65.3 billion last year.