In-N-Out Burger Run by Female Billionaire, Age 30

Bloomberg shines just a little light on the mysterious Lynsi Torres

By Kate Seamons,  Newser Staff

Posted Feb 5, 2013 8:18 AM CST

(Newser) – As far as company owners go, Lynsi Torres has to be among the most intriguing. A Bloomberg article attempts to put a finger on the mysterious In-N-Out Burger president who, at age 30, is one of the youngest female billionaires on the planet. As Seth Lubove reports, she ended up at the helm of the company, estimated by Bloomberg to be valued at $1.1 billion, by way of birth and more than a few tragic deaths: Her father took control after his 41-year-old brother died in a 1993 plane crash; he died after ODing on prescription drugs six years later. Torres' grandmother then grabbed the reins until her death in 2006, which left the company with a single heir: Torres, who gained 50% ownership after turning 30 in 2012; she'll claim the other half upon her 35th birthday.

And things get more intriguing from there: She's been married three times and has twins, reports Lubove, but no college degree. She largely chooses not to give interviews, but her name quietly and occasionally pops up in the press: In September, she was reported to have purchased a $17.4 million 16-bathroom mansion in Bradbury, California; she's also a drag racer who competes in two National Hot Rod Association categories; and a 2009 Wall Street Journal article noted her "affinity for joining off-beat Christian sects." Business Insider has an image of the colorful heiress, and Bloomberg has more, including a rundown of a 2006 lawsuit a former VP filed against Torres, which claimed she was trying to wrest control of In-N-Out from her grandmother. Or click for another intriguing burger-chain story.

In-N-Out Burger is helmed by a 30-year-old billionaire.   (©)
« Prev« Prev | Next »Next » Slideshow
My TakeCLICK BELOW TO VOTE
4%
56%
5%
12%
2%
21%
To report an error on this story, notify our editors.

Other Sites We Like:   The Street   |   MSN Living   |   PopSugar Tech   |   RealClear   |   24/7 Wall St.   |   Biography   |   Barstool Sports   |   OK!