Can you imagine owning a chain of nearly 300 widely successful fast food restaurants at age 30? According to a Feb. 4 Yahoo! Finance report, Lynsi Torres, the sole owner and president of In-N-Out Burgers, is already a billionaire and she just celebrated her 30th birthday.
Lynsi’s grandparents, Harry and Esther Snyder, started with a single restaurant in California in 1948. Through great customer service, commitment to quality and attention to detail, the Snyder family grew In-N-Out to the successful business it is today.
The chain has a cult following with fans begging for mass expansion. However, Torres has said she isn’t in favor of rapid expansion. Her family has resisted selling for decades because they didn’t want to lose control of the quality.
Lynsi is now the only living member of the family. She received 50% control of the business on her 30th birthday and will receive the other 50% when she turns 35. A trust is in place to help guide operations until she gains complete control in five years.
Not much is known about Torres. She doesn’t have a college degree. She’s the mother of twins. She’s been married three times. She is active in drag racing and drives 1970 Plymouth Barracuda and a 1984 Chevrolet Camaro.
The In-N-Out Burger empire makes Lynsi Torres the youngest female billionaire in the United States.