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.

254Comments
Feb 6, 2013 9:54AM
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I love In and Out Burger.  They don't have any here in Missouri!  When I use to visit family in Calif. first place we went to was In and Out Burger.   I hope with all that money....she does some charitable things to help the less fortunate. 
Feb 6, 2013 9:29AM
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Good for her.  She took over the business and expanded it meaning she isn't just sitting back living off her inheritence.  I don't hate even though I grew up dirt poor.  At least I had a supportive mother that stressed education and for me to be better.  I know plenty of kids who don't even have that or worse, parents that don't want their kids to be better than them.  All of us who have succeeded in any degree have something to be blessed about.  Although it would have been nice to have been blessed with a family with money.
Feb 6, 2013 8:00AM
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Wow,  I sure would like to meat her.
Feb 6, 2013 5:06AM
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That's great!!!  But I kinda would like the story better if she earned the dough vs inheriting it.  Hopefully she won't do like the heiress to the company WOOLWORTH-who had a fortune =to back then a billion. Allowed men to run through her fortune.  At the time of her death she was worth only 3 thousand dollars.

Feb 6, 2013 4:44AM
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Awesome except she inherited everything: she built absolutely nothing. How about you post a story about an actual young billionaire that built a business from scratch? 
Feb 6, 2013 4:24AM
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Hey

I've been married 3 times

A tad older than her- ok a lot older

But I'm willing to overlook it if she is

Wonder if old chubby guys interest her?

Feb 6, 2013 3:39AM
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good for her.i ran around in and out when I was younger. that must of been the second in and out.it was located in el monte ca.
Feb 6, 2013 2:12AM
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Very happy for her, Wish her all the happiness in the world..... also very proud to see that she's hispanic... God bless you!!!!!!!!!!!!!!!!!!!!!!
Feb 6, 2013 1:15AM
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Gee, MSN, kissing the behind of another woman? What a surprise. Too bad she inherited the franchise, she didn't create it. I could be a billionare as well if my family handed me a fortune.
Feb 6, 2013 12:28AM
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In & Out burgers are great. Good for her. You haters can F off.
Feb 5, 2013 11:14PM
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Well sounds like many are envious....

 

And others applaud her for enjoying life, pretty much privately.

 

Cute and Rich....Too bad about her Parents (Mom??)

 

I will bet she was the peach of her Grandpa's eye, and they loved her very much.

Feb 5, 2013 10:58PM
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Rich, Not bad looking and married three times... Must be a total b!tch!
Feb 5, 2013 10:17PM
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Come on liberals, tax the crap out of her, she should be paying her "fair share," she didn't earn it anyway.  Shouldn't she being re-distributing her wealth?
Feb 5, 2013 9:57PM
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Just goes to show that some people can inherit and not let it go to their head as if they made every cent!  Compare Lynsi Torres who inherited with Donald Dump Trump who inherited.  Dump  gives wealth a bad rep.
Feb 5, 2013 9:43PM
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Who needs a college degree with that kind of money. And on top of that she's beautiful, and pretty much has the world in her hands. I can't believe she was married three times, there must've been something really wrong with those guys. I'm sure it wasn't her.

Well I wish you happiness. Live your life to the fullness and enjoy yourself . Joe M.

Feb 5, 2013 9:38PM
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Tell Obama..................tax the hell out of another nasty 1%er
Feb 5, 2013 9:24PM
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I LOVE a In and Out Burger so very, very delicious!!!... Sadly there are no In and Out Burger stands in my town of Grants Pass, Oregon..boo!....I hope Mrs. Torres will consider expanding her business to the southern part of Oregon we would love it and the burgers would be a major hit here!!. I only get to eat one of these delicious burgers when I visit family and friends in California.  
Feb 5, 2013 9:13PM
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Interesting, but she didn't earn anything she merely inherited it.

Feb 5, 2013 9:04PM
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What's with people like "Aimee Picchi" who wrote this story and people like her talking as if someone who didn't go to college is less of a person for not choosing that path? I never went to college and know more than a few people that are dumb as a box of rocks on just about everything but what they studied or where indoctrinated to believe by liberal professors in college. Gee' with a first name (Amy) and her spelling of "Aimee" Picchi, I just have to laugh and think? hmm.. which one of the parents selected that name from a book?
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