Published Date: 03 Sep, 2020 Updated date: 03 Sep, 2020 Sidney Torres has been involved in renovation business since the age of 20. The entrepreneur has amassed a net worth in millions, through his multi-million investment in properties.
Sidney Torres is an American entrepreneur and television personality, known for his appearance on The Deed, a reality television documentary series on CNBC. As a serial entrepreneur, he manages 25 limited liability corporations and employs 150 people.
Sidney Torres Wiki; Age, Family, Education
Sidney Donecio Torres, IV was born in 1975 in New Orleans, Louisiana that makes him 45 years of age. He celebrates his birthday on 27 August and his birth sign is Virgo. He is the eldest of two sons of Sidney Donecio Torres, III, and Earline Holcombe Torres. Moreover, he grew up with a younger brother Anthony Randazzo Torres also known as Tony.
Because of his parents rocky marriage, Torres struggled with dyslexia and heroin addiction. He pursued his high schoool education at Marvelwood School in Kent, Connecticut. Afterward, he went to Louisiana State University’s Paul M. Hebert Law Center, where he studied for only a year.
What Happened To His Brother?
Sidney was born just a year before his brother Tony on the same day. His brother died in a single-car accident at the age of 31 on 28 August 2007. His car crashed into a bridge column near Irish Bayou, New Orleans.
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Tony graduated with honors from Loyola University in 2007 and was working at his father’s law firm. Sidney often shares pictures remembering his beloved brother on his social media.
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His Career Achievements
At the age of 20, Sidney began renovating his first shotgun houses after his grandmother Lena Torres co-signed a loan. He started transforming historic buildings into elegant, small hotels offering the quintessential New Orleans charm and easygoing style.
Torres has developed over $250 million in commercial and residential real estate throughout two decades of his career. He is the founder of IV Capital, a private investment firm, which has invested than $75 million in Gulf Coast & Caribbean businesses. The properties has provided its housing service to the U.S. Government special agents, U.S. Marshals, and employees of local sheriffs’ offices. Following the Hurricane Katrina, he founded SDT Waste and Debris Services, now acquired by IESI Corporation.
The entrepreneur now manages 25 limited liability corporations and employs over 150 people. Similarly, his work has been featured in the New York Times Magazine, Wall Street Journal, Forbes Magazine, and CNBC’s American Dream. He has been appeared as a host on CNBC’s reality television documentary series, The Deed, since 2017.
How Much Is Sidney Torres’s Net Worth?
When it comes to earnings, Sidney has made the staggering net worth from his real estate business. He created The Cove, a $100 million world-class resort in the Bahamas, sold in 2015.
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Torres now enjoys a lavish lifestyle with a net worth in millions. He now resides in the 1865 Italianate mansion, a multi-million dollar house in New Orleans.
Shares A Baby With Girlfriend
The 45-year-old was once engaged but never married. He is now enjoying a romantic relationship with his longterm girlfriend Selina White over the past four years. The duo started dating in 2015, according to the wiki sources. Selina is a model based in Los Angeles and is also a part-time chef according to her Instagram.
Sidney and his girlfriend welcomed a baby daughter named Sefina Donecia Torres on 13 November 2016. Furthermore, he is a father to a 21-year-old son named Sidney Torres V from the previous relationship.
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Some Interesting Facts About Sidney Torres
- Sidney is a member of the board of governors for Junior Achievement of Greater New Orleans, which empowers over 22,000 students every year to take control of their economic future through work-readiness, financial literacy, and experiential learning.
- The Greater Mid-City Business Association awarded him the 2019 Mid-City Person of the Year on 25 July 2019.
- At the age of nine, he had the habit of eating the Haagen-Dazs ice cream and his mom’s chocolate chip due to which he gained much weight.
- His favorite movie is the 2004 biographical drama, The Aviator and his favorite vacation spot is Bahamas.
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