Web Editors' Choice 2013

By The Editors - 2013-12-24T19:48:39Z

Photograph by Keystone/Hulton Archive/Getty Images

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Unmasking Hidden Billionaires

New billionaires are hard to find. Yet the folks behind the Bloomberg Billionaires Index continued to chronicle the stories of previously unidentified pools of family wealth this year, including a story about the descendants of Harald Quandt (in uniform), stepson of Nazi propaganda minister Joseph Goebbels (at right). Quandt's daughters now share a fortune worth at least $6 billion. Bloomberg’s David de Jong first identified the descendants as billionaires, and his story weaves the rise of the Quandt family with seminal historical events of the 20th century, as in the case of Magda Quandt’s marriage to Goebbels: “Hitler was the best man at the couple’s wedding.”

The Bloomberg Billionaires team also managed to find what is believed to be the youngest female billionaire on earth: Lynsi Torres, the 30-year-old owner and president of the In-N-Out Burger chain. Not easy: there’s limited public data about the closely held company. Said one restaurant consultant: “I have no clue about her.”