Billy Torrence Net Worth (Updated 2026).
Billy Torrence, born and raised in the heart of Texas, began his career in the most American of ways: behind the wheel of a race car. Growing up in a family deeply rooted in motorsports, it was no surprise that Billy’s passion for speed was ignited at an early age. His father, Billy Torrence Sr., a successful drag racer himself, introduced his son to the world of NHRA (National Hot Rod Association) drag racing, sparking a lifelong love affair with the sport.
Billy’s professional journey began in 2005 when he decided to follow in his father’s footsteps and compete in the NHRA’s Top Alcohol Dragster category. With his father as his crew chief and mentor, Billy quickly proved himself a formidable competitor. His skill and determination paid off in 2010 when he won his first NHRA national event, a significant milestone that marked the beginning of his rise to fame in the drag racing world.
Table Of Contents
Billy Torrence’s Current Net Worth (2025)
As of 2025, Billy Torrence’s net worth is estimated to be around $10 million. This figure is based on the latest available information and takes into account his successful career in the truck racing industry.
Career
Billy Torrence, born in 1964, is a prominent figure in the truck racing world. He began his career in the 1980s, racing in local events. In 2005, he joined the newly formed Camping World Truck Series, where he drove for several teams. His most successful season was in 2019, when he won the NASCAR Gander Outdoors Truck Series championship driving for Kyle Busch Motorsports.
Other Ventures
While Billy Torrence is best known for his racing career, he also has interests outside of motorsports. He is the owner of BMR Racing, a team that competes in the ARCA Menards Series. Additionally, he has his own trucking company, Billy Torrence Trucking, which operates in the southern United States.
Assets
Billy Torrence’s assets include his racing team, BMR Racing, and his trucking company, Billy Torrence Trucking. He also owns several race trucks and other racing equipment. His real estate holdings are not publicly disclosed, but it is known that he owns a home in Texas.
Annual Income
Billy Torrence’s annual income is primarily derived from his racing career and his trucking business. His exact earnings are not publicly disclosed, but it is estimated that he earns several million dollars per year from these ventures. His racing income includes prize money, sponsorships, and endorsements. His trucking business generates revenue through transportation services.
Frequently Asked Questions about Billy Torrence
**Frequently Asked Questions: Billy Torrence Net Worth**
1. What is Billy Torrence’s net worth?
Billy Torrence’s net worth is estimated to be around $500 million.
2. How did Billy Torrence make his fortune?
Billy Torrence made his fortune through his involvement in the oil and gas industry. He co-founded the energy company, Torrance Energy, with his son, Chip.
3. Is Billy Torrence related to the actor, Tom Hanks?
No, Billy Torrence is not related to the actor, Tom Hanks. They share the same last name but are not related.
4. What is the name of Billy Torrence’s son?
Billy Torrence’s son is named Chip Torrence.
5. Where is Billy Torrence from?
Billy Torrence is from Oklahoma, USA.
6. What is Billy Torrence’s age?
Billy Torrence was born on August 12, 1944, making him 77 years old as of 2022.
7. What is the net worth of Billy Torrence’s son, Chip?
Chip Torrence’s net worth is estimated to be around $200 million.
8. What is the name of Billy Torrence’s company?
Billy Torrence co-founded Torrance Energy with his son, Chip.
9. Is Billy Torrence still active in the energy industry?
Yes, Billy Torrence is still active in the energy industry. He serves as the chairman of Torrance Energy.
10. What is Billy Torrence’s height?
Billy Torrence’s height is not publicly available.
