In-N-Out Owner Is Now Youngest Female Billionaire in America

by | February 5, 2013 at 12:28 PM | General, Wealth

(Istockphoto)

By Jessica Chou, Editor, The Daily Meal

Apparently, Bloomberg has been working on uncovering all sorts of “secret billionaires” for some odd reason, and one of those just happens to be the heiress of the ultimate burger chain of the West Coast: In-N-Out.

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According to Bloomberg, Lynsi Torres, the chain’s owner and president, now controls half the company through a trust since she turned 30 last year. The trust will give Torres full control when she turns 35; as of now, In-N-Out doesn’t have any other owners.

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Luckily, the limited menu and low-cost revenue stream means that In-N-Out is built to function independently, without needing the founders’ leadership.

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Torres fell into this position after a series of family deaths; now Bloomberg is pegging Torres as one of the youngest female billionaires in the world. While Torres is notoriously mum in the media, she is known for competing as a race car driver. That awesomeness, combined with her share of a $1.1 billion company, means she just might be winning at life.

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.