Lynsi Torres, America's Youngest Female Billionaire

Lynsi Torres, the 30-year-old owner and president of California-based In-N-Out Burger restaurant who is instrumental in building the chain’s huge fan base, is the youngest female billionaire in the United States and probably the world.

A Bloomberg News article says the company managed to create a cult-like following because of its personalized and efficient service, smiling employees, very accomodating staff, and expedient personnel manning handheld ordering machines at the drive-through counter.

So how did Torres, a woman with little formal management training and no college degree, gain In-N-Out control at such a young age? The report tells us she reached to the top of the company, which has almost 280 branches in 5 states and is valued at about $1.1 billion, after several family deaths.

Her grandfather Harry, who started the company, died in 1976. He was replaced by his second son, Rich, who died in a plane crash in 1993. After which, Harry Guy Snyder, Torres’ dad took over, but died of a prescription drug overdose six years later. Her grandmother, Esther, gained control of the company until her death in 2006. Torres was the sole family heir, the report said.

Torres, Bloomberg News wrote, is one of almost 90 silent billionaires discovered since the debut of the Bloomberg Billionaires Index in March 2012.