Women & Business
The World’s Youngest Female Billionaire Is An Enigma
9:30 am, February 6th | by Meredith Lepore
Did you know that the world’s youngest female billionaire is 30 years old and the President of In-N-Out Burger, the company her grandparents started in 1948? Her name is Lynsi Torres, and that is pretty much all we know about her.
According to the Bloomberg Billionaires Index, Lynsi inherited the chain after her grandmother Esther died in 2006. When she turned 30 she gained half ownership of the company and when she is 35 she will have full control. Fans of the company range from college students to Warren Buffett.
“They have done a fantastic job of building and maintaining a kind of cult following,” Bob Goldin, executive vice president of food industry research firm Technomic Inc. in Chicago, told Bloomberg. “Someone would love to buy them.” Did we mention that Torres, who will eventually have full ownership of this $1.1 billion chain, doesn’t have a college degree?
Unlike her heiress counterparts (looking at you, Paris), Lynsie is not one to seek the limelight. She’s not known for hobnobbing in the restaurant industry either.
“I have no clue about her,” California restaurant consultant Janet Lowder told Bloomberg. “I was even surprised there was a granddaughter.”
All we know for now is that she has chosen not to seek a college education and has been married three times. Given tuition costs these days, the former is perhaps a prudent move. The latter is just juicy! Why such an enigma, Lynsi?
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