The name Lynsi Torres suddenly popped up on the social media sites identified as the youngest female billionaire in the United States. With little information known on Lynsi Torres, people are now curious and dying to find out who is this successful businesswoman.
Here are 5 things to know about Lynsi Torres:
1. Lynsi Torres is the 30-year-old owner of the successful In-N-Out Burger chain. She was able to handle the family company and transformed the burger chain into a projected $1.1-billion empire even without a college degree and only a little background and training with business.
2. Her father is Harry Guy Snyder, who expanded the family business to 140 chains before he passed away in 1999 due to prescription drug overdose. Her grandmother, Esther Snyder, controlled the company until she passed away in 2006 at the age of 86.
3. After her grandmother's death, Lynsi became the sole heir but only received half of the company's ownership when she turned 30 years old. She will acquire the other half when she reaches the age of 35.
4. Lynsi may have kept mum about her life and only appeared in limited interviews but there is one thing that she openly talks about: her passion for drag racing.
In an interview with CompetitionPlus, the young billionaire shared: "My father had a passion for drag racing and that passion lives in me. Drag racing has played a big role in In-N-Out's history and it is also an important part of my family history."
5. Lynsi has been married three times. Her current husband is race car driver Val Torres Jr. Lynsi competes in the National Hot Rod Association races and drives a 1970 Plymouth Barracuda or a 1984 Chevrolet Camaro.
Bob Goldin, Executive Vice President of the Chicago food industry research firm Technomic Inc., revealed that Lynsi Torres is not the only one who wants to stay away from the public eye. Most of the In-N-Out upper management employees wish to keep a low profile with their private lives.
"I've been in the industry a long time and I don't think I've ever seen any of their people at an industry meeting. They're very quiet. That's their culture," Goldin stated.