…The world of fast food has its own reclusive personality, and she is Lynsi Torres, the 30-year-old owner of beloved burger giant In-N-Out.
Sure, most owners and CEOs try to maintain a low profile behind their heavy iron gates and PR reps, but they’ll pop their heads up every now and then to make a statement or throw a financial magazine an interview bone. But Torres is different. She’s media-shy to the point where she will refuse any interview request. Which is what makes this new profile over at Bloomberg, naming her America’s youngest female billionaire, so fascinating. There’s so little information about her, that almost any info is news.
Among the most interesting tidbits from the profile:
- The intriguing ways that the In-N-Out ownership has been passed through the generations. Her grandparents Harry and Esther founded the chain back in 1948. After Harry’s death in ‘76, ownership passed to Rich, who took over the company until his death in a ‘93 plane crash. Torres’s father, Harry Guy, then took over, until his death in ‘99 from a prescription overdose. This led Esther to return from the shadows and take control until her death in 2006. Torres then took over the company as the sole remaining heir.
- Well, she sort of took over then. A family trust didn’t really give her “control” control until this year, when she turned 30. Currently she has half-ownership, but will get full custody once she turns 35.
- As rich folks tend to do, she owns a $17.4 million dollar, 16,600 square-foot mansion in Bradbury, California. The house has 7 bedrooms, 16 bathrooms, a pool and a tennis court.
Read more here.