Pretty. A Billionaire. Loves fast cars. I'm in love. Yes I am.
Posted on 02/05/2013 6:59:40 AM PST by Responsibility2nd
(Newser) – As far as company owners go, Lynsi Torres has to be among the most intriguing. A Bloomberg article attempts to put a finger on the mysterious In-N-Out Burger president who, at age 30, is one of the youngest female billionaires on the planet. As Seth Lubove reports, she ended up at the helm of the company, estimated by Bloomberg to be valued at $1.1 billion, by way of birth, and more than a few tragic deaths: Her father took control after his 41-year-old brother died in a 1993 plane crash; he died after ODing on prescription drugs six years later. Torres' grandmother then grabbed the reins until her death in 2006, which left the company with a single heir: Torres, who gained 50% ownership after turning 30 in 2012; she'll claim the other half upon her 35th birthday.
And things get more intriguing from there: She's been married three times and has twins, reports Lubove, but no college degree. She largely chooses not to give interviews, but her name quietly and occasionally pops up in the press: In September, she was reported to have purchased a $17.4 million 16-bathroom mansion in Bradbury, California; she's also a drag racer who competes in two National Hot Rod Association categories. Business Insider has an image of the colorful heiress, and Bloomberg has more, including a rundown of a 2006 lawsuit a former VP filed against Torres, which claimed she was trying to wrest control of In-N-Out from her grandmother. Or click for another intriguing burger-chain story.
Pretty. A Billionaire. Loves fast cars. I'm in love. Yes I am.
Oh. I forgot. If I divorce my wife and marry her, I can eat all the delicious In and Out Burgers I want. For Free.
(Yes, I’m kidding. Please don’t tell my wife I said this.)
Approving bump.
Hmmm... methinks she should be my second wife. The current Mrs. Tweezers can have everything (except my guitars and my tortie kitty).
I’ve always wanted to be a kept man. ;)
They make an awesome burger for a reasonable price. Wish we could get them to come to the Pittsburgh area. I especially like how they print Bible references on their wrappers.
Married 3X by age 30 says something about one’s personality. Either it’s one totally devoid of luck, or it’s one totally devoid of sense.
Already married three times by age thirty? Something’s going on there...
Already married three times by age thirty? Something’s going on there...
I"ll start ~ have done this probably more than once ~ San Diego/Carlsbad (probably the one at Palomar Road and I5) and Springfield VA (Backlick and Old Keene MIll/Franconia and I95) ~
Dunno about you, but I'd be in more trouble for eating all the burgers than for the Billionaire Heiress. :-)
Never been to California. But I do go to Dallas about twice a year. And I’m always intending to stop at In-N-Out. But I just haven’t yet.
But I do regularly eat the best hambugers in the Country:
Whataburger. Five Guys is good. But not as good as Whataburger.
Ok, who is going to ask “Does she like it Animal Style?”. Not me. I would never say that.
“Either it’s one totally devoid of luck, or it’s one totally devoid of sense.”
Heck, I’ve been accused both. Color me Number 4!
Closest we can get is Neptune Florida, about 2 days drive souf’.
She used to be a customer of ours at our little family store, and I met one of her previous husbands, someone who wasn't worth the time in my opinion, he had an eye on her future and how much he could get of it. Her current husband shares her passion for drag strip life, as well as a strong sense of independence (his cars are all sponsored by local businesses, not her trust.)
The property developer for In-and-Out had set up a nice little side business, getting wined, dined and paid off by cities and developers to secure future sites for restaurant locations. Fighting him over a planned development near our home was like dealing with the worst snake; thankfully plans were adjusted and the impact was mitigated, and he was eventually fi... Err, I mean, ‘chose to expand his horizons by moving on to another venture.’
I think the company is in fine hands; she's got a very good ability to recognize success, and how to replicate what works, and I'd expect the chain to continue it's slow calculated growth, as well as continuing to treat their workers like family.
I'd also expect to see a couple more changes in the executive lineup, but overall, her stewardship should see the company grow, continue to be extremely healthy, and thrive.
Married thrice?
In and out....
Got me.
Reminds me to catch an in-n-out this week though.
:D
Whataburger.
I’ve been happy as a clam since Wataburger followed me from Tx to North East Florida!
When my brother lived in LA, I visited and after being treated to In-N-Out all I could wonder was with all the other somewhat decent burger chains in California, how in the world could McDonald’s or BK compete?
In-N-Out has a simple product that is tasty... the stores are clean and the staff pleasant.
It’s an interesting business model.
...
And by that I mean, I had an In-N-Out double-double when I was in SoCal last week.
What did YOU think I meant?
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