Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

In-N-Out Burger Run by Female Billionaire, Age 30
Newser ^ | 05/05/2013 | By Kate Seamons,

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.



TOPICS: Business/Economy; Food
KEYWORDS: innoutburger
Navigation: use the links below to view more comments.
first 1-5051-54 next last

Pretty. A Billionaire. Loves fast cars. I'm in love. Yes I am.

1 posted on 02/05/2013 6:59:45 AM PST by Responsibility2nd
[ Post Reply | Private Reply | View Replies]

To: Responsibility2nd

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.)


2 posted on 02/05/2013 7:02:08 AM PST by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Responsibility2nd

Approving bump.


3 posted on 02/05/2013 7:03:05 AM PST by Cringing Negativism Network
[ Post Reply | Private Reply | To 1 | View Replies]

To: Responsibility2nd

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. ;)


4 posted on 02/05/2013 7:07:05 AM PST by ZirconEncrustedTweezers ("I'm not anti-anything, I just wanna be free." - Mike Muir)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Responsibility2nd

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.


5 posted on 02/05/2013 7:07:23 AM PST by Vigilanteman (Obama: Fake black man. Fake Messiah. Fake American. How many fakes can you fit in one Zer0?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Responsibility2nd

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.


6 posted on 02/05/2013 7:08:02 AM PST by Hemingway's Ghost (Spirit of '75)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Responsibility2nd

Already married three times by age thirty? Something’s going on there...


7 posted on 02/05/2013 7:10:50 AM PST by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Responsibility2nd

Already married three times by age thirty? Something’s going on there...


8 posted on 02/05/2013 7:10:52 AM PST by Rummyfan (Iraq: it's not about Iraq anymore, it's about the USA!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Cringing Negativism Network
just or the heck of it, let's see how many have eaten at the top 2 within the same 24 hour period. They are: FIVE GUYS and IN AND OUT.

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) ~

9 posted on 02/05/2013 7:12:18 AM PST by muawiyah
[ Post Reply | Private Reply | To 3 | View Replies]

To: Responsibility2nd
Please don’t tell my wife I said this

Dunno about you, but I'd be in more trouble for eating all the burgers than for the Billionaire Heiress. :-)

10 posted on 02/05/2013 7:15:03 AM PST by wbill
[ Post Reply | Private Reply | To 2 | View Replies]

To: muawiyah

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.


11 posted on 02/05/2013 7:18:12 AM PST by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Responsibility2nd

Ok, who is going to ask “Does she like it Animal Style?”. Not me. I would never say that.


12 posted on 02/05/2013 7:19:49 AM PST by Edgar3 (Don't THREAD on me!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Hemingway's Ghost

“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!


13 posted on 02/05/2013 7:19:49 AM PST by Fightin Whitey
[ Post Reply | Private Reply | To 6 | View Replies]

To: Responsibility2nd

Closest we can get is Neptune Florida, about 2 days drive souf’.


14 posted on 02/05/2013 7:21:45 AM PST by muawiyah
[ Post Reply | Private Reply | To 11 | View Replies]

To: Responsibility2nd
One of In-and-Out’s keys to success has been good pay for their workers, and a constant eye towards the community around them.

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.

15 posted on 02/05/2013 7:23:35 AM PST by kingu (Everything starts with slashing the size and scope of the federal government.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Responsibility2nd

Married thrice?

In and out....


16 posted on 02/05/2013 7:24:39 AM PST by G Larry (Which of Obama's policies do you think I'd support if he were white?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: muawiyah

Got me.

Reminds me to catch an in-n-out this week though.

:D


17 posted on 02/05/2013 7:25:29 AM PST by Cringing Negativism Network
[ Post Reply | Private Reply | To 9 | View Replies]

To: Responsibility2nd

Whataburger.

I’ve been happy as a clam since Wataburger followed me from Tx to North East Florida!


18 posted on 02/05/2013 7:26:29 AM PST by Mouton (108th MI Group.....68-71)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Responsibility2nd

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.


19 posted on 02/05/2013 7:29:45 AM PST by Rodamala
[ Post Reply | Private Reply | To 1 | View Replies]

To: Responsibility2nd; Lazamataz
I hit it last week.

...

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?

20 posted on 02/05/2013 7:29:46 AM PST by JRios1968 (I'm guttery and trashy, with a hint of lemon. - Laz)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Responsibility2nd

I can’t STAND Whataburger. Or SteakNShake burgers.

I still can get In N Out here in Irving. But I was spoiled in Los Angeles.

Best burgers in the world:

1) In N Out
2) Tommy’s (the original)
3) Carl’s Jr.

A lot of people like 5 Guys but frankly I think they are 1 step above Jack in the Box.


21 posted on 02/05/2013 7:31:14 AM PST by freedumb2003 (I learned everything I needed to know about racism from Colin Powell)
[ Post Reply | Private Reply | To 11 | View Replies]

To: kingu

>> I think the company is in fine hands;

Besides the great burgers, the thing that impresses me about In ‘n Out is their fast and genuinely friendly service. As with most other businesses, consistent excellence in fast-food product and service is a function of excellent MANAGEMENT.

Don’t know how they do it, exactly, but they’re very good at it.


22 posted on 02/05/2013 7:32:45 AM PST by Nervous Tick (Without GOD, men get what they deserve.)
[ Post Reply | Private Reply | To 15 | View Replies]

To: Mouton

Whataburger aficionado of 40 years here. Nothing beats them as far a chain burger joints. A few mom and pop local houses can but they are pricier. #1, no cheese, large coke, mmmm is it lunch time yet?

I bet I have eaten at 80% of their stores in Texas in my travels. I have made the trip to Whataburger mecca and eaten at Whataburger by the Bay several times.

Whataburger trivia, on their ketchup container there is a number (1 through 5) on the lip of the pull tab do you know what it means?


23 posted on 02/05/2013 7:36:42 AM PST by Resolute Conservative
[ Post Reply | Private Reply | To 18 | View Replies]

To: freedumb2003

>> I can’t STAND ... SteakNShake burgers.

Yeah, I think Steak N Shake is highly overrated.

There’s another one in town — Mighty Fine — that IMHO is also way overrated. The place is like a zoo, you wait forever at peak times, the service is surly and disorganized, the prices are out the wazoo, and their food is just not *that* good.

Five Guys rocks though. And In ‘N Out is hands down the best overall package, including convenience and value.


24 posted on 02/05/2013 7:37:11 AM PST by Nervous Tick (Without GOD, men get what they deserve.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Nervous Tick

>>Don’t know how they do it, exactly, but they’re very good at it.<<

A very real lesson in corporate culture. You get what you measure and in this case they measure freshness (fries made from whole potatoes sliced before your very eyes, fresh ground beef, whole onions, etc.) and CUSTOMER SERVICE.

I think the fact it has always been family-owned is a big part of it. They make it clear that you are visiting a local family business, even if there are many of them.

I don’t think there is a single aspect of In N Out that isn’t worth emulating.


25 posted on 02/05/2013 7:38:57 AM PST by freedumb2003 (I learned everything I needed to know about racism from Colin Powell)
[ Post Reply | Private Reply | To 22 | View Replies]

To: Resolute Conservative

>> Whataburger trivia, on their ketchup container there is a number (1 through 5) on the lip of the pull tab do you know what it means?

I’m guessing it’s how many times Mel Tillis stuttered that week saying “k-k-k-ketchup”. :-)


26 posted on 02/05/2013 7:39:32 AM PST by Nervous Tick (Without GOD, men get what they deserve.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: freedumb2003

>> I don’t think there is a single aspect of In N Out that isn’t worth emulating.

Yep, they’d be an excellent case study of how to do business.


27 posted on 02/05/2013 7:41:09 AM PST by Nervous Tick (Without GOD, men get what they deserve.)
[ Post Reply | Private Reply | To 25 | View Replies]

To: Resolute Conservative

No.

Happiest day of my burger life was finding that Mansfield Tx had a Wataburger not far from where I lived.


28 posted on 02/05/2013 7:42:12 AM PST by Mouton (108th MI Group.....68-71)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Nervous Tick

>>Yep, they’d be an excellent case study of how to do business.<<

Too bad they are so secretive (maybe part of their success?). It would be interesting to see an episode of Undercover Boss (a guilty pleasure) with her (the subject of the article).


29 posted on 02/05/2013 7:45:35 AM PST by freedumb2003 (I learned everything I needed to know about racism from Colin Powell)
[ Post Reply | Private Reply | To 27 | View Replies]

To: freedumb2003

You can’t stand Whataburger, but you like Carl’s Jr.?

To each his own.


30 posted on 02/05/2013 7:46:13 AM PST by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Responsibility2nd
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

By the luck of birth and circumstance, she is a billionaire. Let's see how the company fares under her leadership.

31 posted on 02/05/2013 7:47:51 AM PST by kabar
[ Post Reply | Private Reply | To 1 | View Replies]

To: Resolute Conservative

Fellow Whataburger fan here.
Try putting their picante sauce on one of their burgers.
Awesome for breakfast.


32 posted on 02/05/2013 7:48:14 AM PST by Texas resident (I'm not a lawyer, but I play one on FR)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Responsibility2nd

I remember the 1993 plane crash. They were in a Gulfstream following a Boeing 757 into John Wayne airport.

The wing tip vortecies of the 757 flipped the Gx over like a toy into a car dealership on approach. I think people on the ground were killed also.

I did not know about the OD of the other brother. Sad and interesting.


33 posted on 02/05/2013 7:51:47 AM PST by cicero2k
[ Post Reply | Private Reply | To 11 | View Replies]

To: freedumb2003

I don’t watch much teevee but I’d watch THAT one. :-)


34 posted on 02/05/2013 7:52:12 AM PST by Nervous Tick (Without GOD, men get what they deserve.)
[ Post Reply | Private Reply | To 29 | View Replies]

To: Responsibility2nd

Carl’s is flame broiled.

Whataburger turns out greasy, tasteless and paper-thin patties.

Well, fwiiw, I haven’t been able to find a SINGLE restaurant of any kind (fast or sit-down) that can make a decent Patty Melt (don’t get me started on the gawdawful WAB version).

I’ll have to wait to get back to L.A. to find one of those corner joints (or, better yet, Beeps in Van Nuys).

*sigh* I love Dallas but I miss a lot of the “stuff” in L.A. (like food, weather, amusement parks, the beach).

But dynamite could not get me out of Irving. I have the river walk in my back yard so that makes up for a lot. That and Texas and Texans make it all worthwhile.


35 posted on 02/05/2013 7:52:26 AM PST by freedumb2003 (I learned everything I needed to know about racism from Colin Powell)
[ Post Reply | Private Reply | To 30 | View Replies]

To: Responsibility2nd

You KNOW she didn’t build that!


36 posted on 02/05/2013 8:05:27 AM PST by SMARTY ("The man who has no inner-life is a slave to his surroundings. "Henri Frederic Amiel)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nervous Tick

The lower the number the less sugar in the recipe. 5 is the sweetest. If you open and #1 and a #5 the #5 will look a brighter red due to sugar and the #1 will be a duller, browner color.


37 posted on 02/05/2013 8:06:51 AM PST by Resolute Conservative
[ Post Reply | Private Reply | To 26 | View Replies]

To: Responsibility2nd

Hear, hear!


38 posted on 02/05/2013 8:08:51 AM PST by jagusafr (the American Trinity (Liberty, In G0D We Trust, E Pluribus Unum))
[ Post Reply | Private Reply | To 11 | View Replies]

To: Resolute Conservative

Your answer is slightly more believable than mine.

Learn something new every day!


39 posted on 02/05/2013 8:12:50 AM PST by Nervous Tick (Without GOD, men get what they deserve.)
[ Post Reply | Private Reply | To 37 | View Replies]

To: Rodamala
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.

Yup. And it's been very rare that I've gone into an In-N-Out that wasn't busy, even if it was in the middle of nowhere (of course the "middle of nowhere" stores are almost always near a major freeway). It certainly doesn't hurt that every store I've been in offers good service and a consistently good product either.

40 posted on 02/05/2013 8:25:08 AM PST by ZirconEncrustedTweezers ("I'm not anti-anything, I just wanna be free." - Mike Muir)
[ Post Reply | Private Reply | To 19 | View Replies]

To: freedumb2003
3) Carl’s Jr.

"Welcome to Carl's Jr. Would you like to try our EXTRA BIG A-- TACO? Now with more MOLECULES!"

41 posted on 02/05/2013 8:29:26 AM PST by dfwgator
[ Post Reply | Private Reply | To 21 | View Replies]

To: Responsibility2nd

I’ve never had an In-N-Out burger, but I have had one from Five Guys. And as for them, I’ll just let this guy explain the awesomeness that is Five Guys:

http://www.youtube.com/watch?v=zGkHRa64sDY

}:-)4


42 posted on 02/05/2013 8:29:37 AM PST by Moose4 (SHALL. NOT. BE. INFRINGED.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Responsibility2nd

One of the few things Seattle has to recommend it: Dick’s.

It’s an addiction. I have crossed the state for a Dicks Deluxe.


43 posted on 02/05/2013 8:44:01 AM PST by Ramius (Personally, I give us one chance in three. More tea anyone?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dfwgator

That movie gets funnier as more of it comes true.


44 posted on 02/05/2013 8:44:52 AM PST by freedumb2003 (I learned everything I needed to know about racism from Colin Powell)
[ Post Reply | Private Reply | To 41 | View Replies]

To: Vigilanteman
They make an awesome burger for a reasonable price.

With a value of a billion bucks, I'm thinkin' the price isn't so reasonable after all...

Does that mean if they cut their prices in half, she'd still be worth 500 million dollars???

45 posted on 02/05/2013 8:52:40 AM PST by Iscool (I love animals...barbequed, fried, grilled, stewed,,,,)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Responsibility2nd

no kidding?

Carl Jrs....isn’t that what most of us call Hardees?

I mean really?

to compare that to Five Guys is ridiculous.

in any event...best burgers are usually in some hole in the wall or bar-tavern

I think Culvers is the best of the fast food burgers we get in Nashville

I don’t consider Five Guys or Burger Up or Cheeseburger Charlies to be fast food per se

I&O burgers must be good though since everyone raves on and on about them..all stores company owned


46 posted on 02/05/2013 8:59:28 AM PST by wardaddy (wanna know how my kin felt during Reconstruction in Mississippi, you fixin to find out firsthand)
[ Post Reply | Private Reply | To 30 | View Replies]

To: cicero2k
The plane crashed near the 55 freeway and Edinger about two minutes after I passed that area.

For some reason I have doubts about this photo. I remember the late Huell Howser going to their headquarters several years ago. The woman in the photo and the one in the Howser story do not resemble each other.

47 posted on 02/05/2013 9:05:10 AM PST by chrisinoc
[ Post Reply | Private Reply | To 33 | View Replies]

To: kingu

I have met and worked for every member of the whole family and the grandmother too, I am pretty sure I have met this girl also, but she was just a little girl then. Hell I might have been to her shack in bradbury also, been to most every house there at one time or another. They really were stand up, nice folks.


48 posted on 02/05/2013 9:06:37 AM PST by eyeamok
[ Post Reply | Private Reply | To 15 | View Replies]

To: cicero2k

In-N-Out Pres and VP broke their own rule about not flying together....Both were on the flight that day..

BTW, In-N-Out Burger is the best....All these other wannabe burgers etc, are greasy cowflop in comparison.


49 posted on 02/05/2013 9:07:44 AM PST by dragnet2 (Diversion and evasion are tools of deceit)
[ Post Reply | Private Reply | To 33 | View Replies]

To: Nervous Tick

Hot dogs. I SAY HOT DOGS. Portillos in Chicago. Nothing better.


50 posted on 02/05/2013 9:16:13 AM PST by Pit1 (Obama is the bump in the road.)
[ Post Reply | Private Reply | To 24 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-54 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson