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Lynsi Torres, In-N-Out Burger's Elusive Billionaire

In-N-Out heiress Lynsi Torres will soon have full company control
Torres at a drag racing event
Torres at a drag racing eventPhotograph by Bob Johnson/Bloomberg

The closely held In-N-Out Burger chain, celebrated by fans for its Double-Double and fresh ingredients, has made third-generation owner and President Lynsi Torres the youngest billionaire woman in the U.S. and one of the youngest in the world. Just 30, Torres oversees the Irvine (Calif.)-based fast-food company her family built from a single hamburger stand into an almost 280-restaurant empire in five states that’s worth about $1.1 billion, according to the Bloomberg Billionaires Index.

“We will remain a private and family-owned company that ensures quality by owning all of our restaurants, growing slowly and not franchising,” Torres said in a statement. She has never appeared on an international wealth ranking and generally keeps a low profile. Few in the restaurant industry have met or know much about the hamburger heiress, who has little formal management training and no college degree. “I was even surprised there was a granddaughter,” says restaurant consultant Janet Lowder.