Known for his colourful clothing and eccentric ways, he also maintained alleged ties to various underworld figures in Serbia and Montenegro such as Đorđe Božović and Brano Mićunović.

[4] Young Buturović quickly developed a knack for business, often of the illegal or semi-legal variety, reportedly making his first money by selling clothing items stolen in Italy that had been smuggled into SFR Yugoslavia.

By mid-1980s, he returned to SR Serbia within SFR Yugoslavia where he decided to modify his last name from Buturović to Butorović, reportedly in an effort of making himself harder to track down due to transgressions committed abroad.

[7] By the early 1990s, Butorović was based out of a small office located in the state-owned Hotel Park in Novi Sad and involved in various business and community activities, including running a pawnbroker's shop and donating a medical vehicle to the Serbian forces fighting in the Battle of Vukovar.

[11] In several 1990s and early 2000s Serbian Interior Ministry (MUP) internal notes that have subsequently become public through freedom of information requests, Butorović is explicitly mentioned as "having direct ties and maintaining constant contact with Montenegrin organized crime groups".

[14] After having his expansion projects of building a marina and other luxury amenities rejected by the authorities, Butorović decided to sell Hotel Jadranska Straža to reputed Montenegrin mobster Blagota "Baja" Sekulić.

His first property of note was Xanadu, a 5-star boutique hotel in Kumbor near Herceg Novi in Montenegro, FR Yugoslavia, whose construction he financed before selling it several years later to a Russian investor.

In August 2006, at an international tender auction, Butorović's company HTUP Park won 30-year lease rights to Hotel Varadin on the Petrovaradin Fortress.

In January 2014, some six months following Butorović's death, his older son Balša confirmed that the family is no longer involved in running the hotel on a day-to-day basis, having decided to sublease it to a foreign entity.

[1] A small number of FK Vojvodina fans gathered in front of his house while police searched it, offering support by chanting "Don't give up, Bata".

[22] Two days after his death, a commemorative gathering in memory of Butorović was held at Hotel Park's Crystal Hall; it was attended by his family as well as friends and colleagues, including FK Vojvodina vice-president Dušan Vlaović, Srbijagas CEO Dušan Bajatović, businessman Miodrag Kostić, Serbian Football Association (FSS) president Tomislav Karadžić and secretary-general Zoran Laković, entire FK Vojvodina player squad, and various individuals from the world of football such as controversial administrator Zvezdan Terzić, coaches Milovan Rajevac, Dragoljub Bekvalac, etc.

[25][26] On 12 June 2013, before being transported to Belgrade Nikola Tesla Airport and flown to Montenegro for burial, the coffin with Butorović's body was displayed at Novi Sad's city cemetery — where, among others, pop-folk star Nataša Bekvalac came to pay her respects.

[27][28] Upon landing in Montenegro in the early afternoon, Butorović's body was transported to his birthplace Nikšić to be displayed in the city chapel where the family received condolences alongside FK Vojvodina squad players, head coach Marko Nikolić, and sporting director Miodrag Pantelić before the funeral procession headed to the Kočani cemetery on the town's outskirts for burial.

[29][30] Among those present at the funeral were Butorović's first cousin, Montenegrin Prime Minister Milo Đukanović alongside his family—wife Lidija Kuč, son Blažo, influential businessman brother Aco Đukanović, and court judge sister Ana Kolarević—in addition to high-ranking members of his DPS party (the ruling party in Montenegro): Svetozar Marović, Milan Roćen, Branimir Gvozdenović, Tarzan Milošević, Suad Numanović, Mevludin Nuhodžić, Milutin Simović, etc.

[29][30][31] Also present were Butorović's close friend, organized crime figure Brano Mićunović, Montenegrin FA (FSCG) president and former football great Dejan Savićević alongside his deputy Momir Đurđevac, Montenegrin Basketball Federation (KSCG) officials and businessmen Vesko Barović and Danilo Mitrović, businessman Duško Knežević, retired footballer Mateja Kežman, coaches Dejan Vukićević and Nebojša Vignjević, etc.