Sidney Torres is a real estate developer, and entrepreneur based in New Orleans. He is a well-known TV personality with a $300 million real estate development. He appears on the television show ‘The Deed,’ where he assists others in realizing their dreams.
Earnings
Sidney Torres net worth is estimated to be around $300 million, and it is still growing. His net worth is expected to rise to new heights over time.
Sidney Torres’s Bio, Age, Parents, Family, Childhood, Addiction, and Grandmother
Sidney Torres IV was born on August 27, 1975, in New Orleans, Louisiana. Alma Torres (mother) and Sidney D. Torres III were his parents (father). He is 44 years old as of 2019. Torres was raised in a middle-class family and had a difficult childhood due to his parents’ bad marriage. He also had dyslexia and was addicted to heroin at the age of 14.
Sidney was taken aback when his father evicted his family from their home, declaring, “OK, you guys can leave now.” Torres’s childhood was ruined by his parent’s divorce, which led to him becoming a drug dealer. Fortunately, his grandmother, Lena Torres, noticed his actions and told his parents, ‘do something with your son or he will die.’
His grandmother was the one who assisted and encouraged him in his career.
Early Career of Sidney Torres
Torres was a music enthusiast who joined Lenny Kravitz’s team as his personal assistant. However, he partied hard and was fired as a result of his drug addiction.
That’s when he saw the light and realized he was to blame, and he couldn’t keep blaming others for his own personal problems. He went to rehab and was able to get clean. “It took me 48 hours of detox before I could even stand up,” Sidney says of his time in rehab. But I made it through. I was clean by 1997.”
He then found work as a contractor. Sidney was only 20 years old when he started his real estate career. He began by cleaning construction sites and advanced to foreman within a year.
Grandmother’s Assistance, Real Estate Business, and Resorts
However, money was still an issue for him because he only made $25k per year. He then sought assistance from his grandmother. “You have 60 to 90 days to figure out what you want to do,” his grandmother said. If you’re still interested, I’ll cosign and assist you in closing your first deal.”
Sidney received a $50,000 loan and made his first real estate investment after proving to his grandmother that he was serious about his career. It’s safe to say he’s never looked back since. He had real estate worth $100.0 million within the next six or seven years. He was a millionaire by the age of 23.
In 2012, he purchased a luxury resort in the Bahamas called ‘The Cove.’ He spent around $20 million on the island, constructing 75 villas and two restaurants before reopening the property in 2013.
Helping New Orleans through Philanthropy
A tragedy struck New Orleans just as he was planning his next big project. Hurricane Katrina devastated his hometown. As he saw the damage done there, he initially felt helpless. However, after receiving a call from the U.S. Marshall’s office, he swung into action to assist residents of the devastated city.
He provided drinking water and fuel to keep generators running for a month, and his New Orleans office became a distribution hub for food, clothing, and other aid.
He quickly became known as ‘the guy who cleaned up New Orleans,’ and he was widely respected and rewarded. For his selfless efforts, he was later awarded the “keys to the city.”
The Deed of Sidney Torres
He is now also a TV personality. He appeared on CNBC’s reality docuseries ‘The Deed,’ where he used his personal finances and knowledge to assist struggling property investors in building their projects. The show is currently in its second season.
Sidney Torres, is he married? Relationship, Wife, and Child
Torres has never been married. He has a long-standing relationship with his girlfriend, Selina White. They first began dating in 2015. The couple may marry in the future, but they are currently only in a relationship. They are the parents of two children. Safina Torres, a daughter, and Sidney Torres V, a son.
Height and weight are two of the body’s measurements.
He stands 5 feet 9 inches tall. Likewise, he weighs around 70 kg. He has dark brown eyes and dark brown hair.
Facebook, Instagram, and Twitter are examples of social media platforms.
He is very active on social media. On Instagram, he has approximately 122k followers. Similarly, his Facebook page has approximately 42.8k followers, and her Twitter account has approximately 40k followers.
Quick facts:
Birth Date: August 27, 1985
Birth Place: New Orleans, Louisiana
Country: Louisiana
Gender: Male
Marital Status: In Relationship
Horoscope: Virgo
Net Worth :$300 Million
Height:5.9 ft
Weight :70 kg
Eye Color: Dark Brown Eyes
Father Name: Sidney D. Torres III
Mother Name: Alma Torres
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