7 facts about America's youngest female billionaire

Lynsi Torres is the president and owner of In-N-Out Burger, the chain her grandparents started in California.

By Aimee Picchi Feb 5, 2013 2:20PM

File photo of Lynsi Torres on Feb. 24, 2012 (Bob Johnson/Bloomberg via Getty Images)If someone asks you to picture a billionaire, chances are you'll think of a man who's probably over age 50. But according to Bloomberg News, there are a handful of women in the ranks -- and one of them is 30-year old Lynsi Torres, one of the youngest female billionaires on the planet. 


Who is she, and how did she get into the ranks of the likes of Berkshire Hathaway's (BRK.B) Warren Buffett (worth $52 billion) and Mexico's Carlos Slim ($78.3 billion)? 


Here are seven interesting facts about Torres:

She has a day job. Torres is the owner and president of In-N-Out Burger, a chain of restaurants that's built a cult-like following for its dedication to fresh ingredients. In-N-Out has even claimed top chefs such as Gordon Ramsay as fans.

She's the heir to a fortune
. She's the sole family heir to Harry and Esther Snyder, her grandparents, who started the chain as a single drive-through hamburger stand in Baldwin Park, Calif. She inherited control after several family deaths, including her father's death at age 49 from a prescription drug overdose.

She's been married three times. Her first marriage was to her high school sweetheart. She next married Richard Martinez shortly before her grandmother died. In 2011, she next married Val Torres Jr., a race car driver and contractor.

She loves racing cars. Torres, a car race enthusiast, has formed a husband-and-wife team with Val Torres Jr. to compete in drag races. She told National Dragster that she started attending drag races at age 2 and first competed one 12 years ago, driving a 1969 Camaro.

She has a massive mansion. Torres lives in a "resort-like estate" that she bought for $17.4 million last year. She purchased the Bradbury, Calif., house from Adrián Beltré, the former third baseman for the L.A. Dodgers. The house sprawls across 16,600 square feet on 4.16 acres and includes a 2,500 square-foot guest house.

She's publicity-shy. According to Bloomberg, few people in the restaurant industry know her. "I was even surprised there was a granddaughter," said restaurant consultant Janet Lowder. Torres declined to talk to Bloomberg and has refused most interview requests, including one from author Stacy Perman, who wrote a 2009 book about the company.

She didn't graduate from college. Torres doesn't have a college degree and has little formal management training, according to Bloomberg.

255Comments
Feb 5, 2013 4:34PM
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Maybe people should try reading the book from 2009. This young lady has had a lot of heartache and loosing ones whole family at an early age is heart breaking. Also just because she doesn't have a college degree doesn't mean she's just living off her inheritance. She has kept the business running smoothly and has kept the values with which her grand parents started it and that means a lot. I wish her but happiness and success in her life.
Feb 5, 2013 4:57PM
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Don't presume to judge her, she didn't choose her grandparents any more than you all did. No one can choose the path they were put on to walk, they can only choose the choices they make as they walk it. 

She also doesn't need a college degree any more than Bill Gates did. Point being, be happy for her, she isn't hurting anyone.

The sun rises and sets on her all the same.
Feb 5, 2013 4:25PM
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I'm happy for her. I hope I can build a business of that magnitude so my grandchildren can one day enjoy it all.
Feb 5, 2013 4:37PM
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Making money the "good ole fashion way"....feeding people something they like & living the "good ole fashion way".....with a couple of bucks in your back pocket....not a bad life.

Feb 5, 2013 4:41PM
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She likes fast cars and owns the best burger chain, thats just a catch right there

 

Feb 5, 2013 4:41PM
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Its not how much money you have, or who you are. no matter race, creed or religion. Its how you live, and the people you affect around you. Good for her, she has money, so what! Deeds count for so much more.
Feb 5, 2013 5:43PM
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She sounds like a woman who knows what important, staying out of the lime light and enjoying doing things with her spouse.
Feb 5, 2013 5:12PM
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I would love to see the "In and Out Burgers" come back east!  I enjoyed them when I lived on the west coast in Northern Calif. and miss them!!  They can't be beat!!!  Chattanooga TN would be a great place to start!!

Feb 5, 2013 5:37PM
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Sounds like a little good ole jealousy out there, for those who seem to think it's bad to have someone leave them a fortune. She's young, she's pretty and from the looks of things seems to have a pretty good head on her shoulders. Didn't read any thing suggesting she let things go down hill. She gets a big thumbs up.
Feb 5, 2013 5:47PM
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Fantastic hamburgers, perfect......Not to mention the fresh (not frozen) french fries.....
Feb 5, 2013 5:36PM
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Good for her!  We all should be happy to see someone make it big. Especially when it is a family business. There is too much tearing down of the wealthy.  They provide jobs and pay more than the FAIR share of TAXES.
Feb 5, 2013 5:27PM
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Good for her Glad she has old fashioned values and doesnt mess with the success she has inherited
Feb 5, 2013 5:47PM
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I think I'll go have a double double, fries and a chocolate shake right now!
Feb 5, 2013 5:45PM
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She made her fortune the old-fashioned way...she inherited it.
Feb 5, 2013 4:29PM
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Now there's a sugar momma I could live with!
Feb 5, 2013 4:44PM
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Good for her - get those $$$$ anyway you can inheritance works but I do not understand the value of the article - so she inherited money young?  WOW what a feat!
Feb 5, 2013 4:41PM
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So she inherited her fortune.  So why is there an article about her?
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