.

In-N-Out Heiress Lynsi Torres: Youngest American Woman Billionaire’s Ties to Glendora

In-N-Out owner Lynsi Torres, is 30-years-old with no college degree and no formal business training. But she has been called the youngest billionaire in America.

Lynsi Torres inherited a California icon when she was given half ownership of In-N-Out burger when she turned 30 last year. This week, Bloomberg Magazine named Torres the youngest, wealthiest woman in America, given that she will receive full ownership of the estimated $1.1 billion burger empire when she turns 35.

Torres inherited the In-N-Out empire from her grandparents, Harry and Esther Snyder who founded the Christian-themed chain in 1948 with their first location in Baldwin Park. Torres’ father Harry Guy Snyder took ownership of the empire in 1993 until he passed away of a prescription drug overdose in 1999. Torres’ grandmother Esther took control of the company until she died at age 86 in 2006.

While Torres has no college degree or formal business training, the burger heiress’ empire – now at 280 stores in five states –  could swell to a value of more than $2 billion, according to Bloomberg.

Torres, reportedly from Glendora, is notoriously media shy and rarely gives interviews. However, when she is photographed at public events, it is mostly in connection to her passion for drag racing and the NHRA.

"My father had a passion for drag racing and that passion lives in me," Lynsi Torres once told CompetitionPlus. "Drag racing has played a big role in In-N-Out's history and it is also an important part of my family history."

The thrice-married mother of twins owned two multi-million dollar properties in Glendora, but is selling her 7,018-square foot mansion in the Glendora foothills, according to Realty Today.  The six-bedroom, seven-and-a-half bathroom estate has an asking price of $2.5 million.

Torres is reportedly ditching that property for a more lavish, sprawling home in Bradbury worth $17.5 million.

She also owns another gated community in Glendora.

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something