, born May 5, 1982) is an Americanbillionairebusinesswoman, the owner andheiressof theIn-N-Out Burgercompany. She is the only child of Lynda and H. Guy Snyderand the only grandchild ofHarryandEsther Snyder, who founded In-N-Out in 1948.
According to theBloomberg Billionaires Index, in 2012, Snyder was the youngest American female billionaire.5As the sole beneficiary of family trusts, she is currently In-N-Outsmajority ownerand ultimately received control of the companys stock in its entirety on her 35th birthday, becoming the sole owner.67
Snyder was born inGlendora, California, to Lynda Lou (ne Wilson) and Harry Guy Snyder. She is ofDutchdescent on her fathers side.8When she was 12, her parents separated and she moved with her mother to the small town ofShingletown, California, where she lived on a ranch and graduated from Redding Christian School, a private high school inPalo Cedro, California, that her parents helped found.9Her parents eventually divorced in January 1997.10She has two older half-sisters (Traci and Teri) through her mother. Traci is married to former In-N-Out President and current COO Mark Taylor.11Snyders uncle Rich died in 1993 in a plane crash, and her father died in 1999 from an accidental drugoverdose.12
On January 1, 2010, Snyder became the 6th President of In-N-Out, succeeding her brother-in-law, Mark Taylor, who was appointed the Chief Operating Officer of the company.13She occupies the same position that her grandfather Harry (19481976), uncle Rich (19761993), father Guy (19931999), and grandmother Esther (19992006) previously held. Before Snyder became President of In-N-Out Burger, a taped message from her was broadcast to all company associates letting them know about the transition and the future of the company. Esther Snyders signature was finally replaced with Lynsi Snyders on associates paychecks in 2009, three years after Esther Snyders death.
During 2006, Snyder and In-N-Out were embroiled in a bitter lawsuit with a former company executive, Rich Boyd.14Boyd was fired for allegedly misusing company funds, but he claimed that Snyder, and then Vice-President Mark Taylor, were trying to oust the elderly Esther Snyder from the company. Both Lynsi Snyder and Mark Taylor denied the claims, and the lawsuit was settled out of court in May 2006.15
Snyder took ownership of her fathers share of In-N-Out (50% of the company) on her 30th birthday, and inherited the balance of the company that was not already in trust for her when her grandmother Esther died.161718Snyder gained full control of the company when she turned 35.19
In February 2013, Snyder was ranked a billionaire for the first time by theBloomberg Billionaires Index, based on an In-N-Out valuation of $1.1 billion.20That same year, she ranked 93 onMaxims annual Hot 100 list.21
Snyder funds Healing Hearts & Nations (HHN), anon-profitcorporation that builds training centers inAfricaandIndiaand trains local community leaders for the purpose of providing different forms of counseling to the underprivileged local population.22She is also actively involved with the In-N-Out Burger Foundation, which supports abused and neglected children.23
Snyder has been married four times and has four children. Her husbands have been:
Jeremiah Seawell (20002003): Seawell was a local boy fromRedding, California, who was Snyders high school sweetheart. They married shortly after her 18th birthday, in summer 2000, and moved back to her hometown of Glendora.
The couple separated within two years and eventually divorced in 2003.
Richard Martinez (20042011): Snyder then married former In-N-Out employee Richard Martinez. In November 2006, Snyder gave birth tofraternaltwins (one boy, one girl).
Snyder filed for divorce in September 2010, and this was finalized in late 2011.
Val Torres Jr. (20112014): In 2010, while still married to Martinez, Snyder began dating Torres, a race car driver. On July 15, 2011, Snyder gave birth to their son.
Her divorce from Martinez was finalized later in 2011. Shortly after, she married Torres in a small ceremony.
Snyder filed for divorce from Torres in 2013; the marriage officially ended the following year.
Sean Ellingson (July 5, 2014 present): In May 2014, Snyder became engaged to another ex-In-N-Out employee, Sean Ellingson, a native ofLa Verne, California. They married on July 5 of that year inMalibu, California, and had a small ceremony in her hometown of Glendora.
She gave birth to their son, her fourth child, in late 2014. Ellingson is the older brother of actorEvan Ellingson.
Snyder is a devoutEvangelical Christian, and has spoken several times about her faith.29In 2015, her testimonial was featured onI Am Second. In it, she spoke about the many deaths within her family and her previous failed marriages and how her faith helped her cope with these misfortunes.30
Like her father, Snyder is an aviddrag racingfan and member of theNHRA.31She regularly competes in drag racing events.8In 2015, she was featured on an episode ofJay Lenos Garage, where she showed off a modified 41 Willys that was previously owned by her late father.32
In August 2012, Snyder reportedly purchased a 7-bedroom, 16-bathroom mansion with 16,600 square feet (1,540m2) of interior space inBradbury, California, fromfor a sum in excess ofUS$17 million.33Snyder has stated that she works primarily out of the Baldwin Park office, home of In-N-Out University and formerly company headquarters, rather than the Irvine corporate headquarters because it is closer to her Bradbury home.13
Snyder has frequently been called reclusive and media-shy, due to her long-time penchant for declining nearly all interview requests and rarely appearing at public events.3435However, in recent years she has become more open to the media, participating in profiles with theOrange County Register,Orange Coast, andCBS News.132936
In her January 2014 interview withOrange Coast, Snyder said that she has been the target of at least two kidnapping attempts. In the wake of these attempts, she has deliberately kept herself out of the public eye for the safety of her family, she said. The first purported kidnapping attempt occurred when she was still a high school student in Shingletown; the second took place several years later in Baldwin Park, near the local In-N-Out distribution center.36
Points Detail for Lynsi Snyder-Ellingson. NHRA
Corporate Inquiry: In-N-Out Burger. Arizona Corporation Commission
Sorvino, Chloe (May 5, 2017).Best Birthday Ever? How In-N-Out Burgers Lynsi Snyder Turned 35 – And Became A Billionaire.
Keneally, Meghan; Davies, Katie (January 30, 2014).Private In-N-Out heiress, 31, who controls familys billion-dollar burger empire opens up about kidnapping attempts as a child and her strong faith (but dont ask her about her kids or three ex-husbands).
Hiltzik, Michael -N-Out: Can perfection survive?.
Clough, Richard (2013-02-22).Drag-racing heiress keeps In-N-Out on course.
Rumors swirl around In-N-Out. 2006-09-25. Archived fromthe originalon 2008-01-27.
In-N-Out matriarch Snyder dies at age 86. 2006-08-06. Archived fromthe originalon 2006-08-07.
Esther Snyder, matriarch of In-N-Out Burger, dies. 2006-08-06. Archived fromthe originalon 2006-08-14.
Lubove, Seth (February 7, 2013).Lynsi Torres, In-N-Out Burgers Elusive Billionaire.
Lubove, Seth (2013-02-04).Youngest American Woman Billionaire Found With In-N-Out. Bloomberg
Lynsi Torres, the 30-Year-Old Owner of In-N-Out. KCET
Nada Fakhreddine and Bassam Yassine 2001 Valiant Street, Glendora, CA 91741. BlockShopper
Petitioner Lynsi Martinezs Declaration of Urgency
. Law Office of Mitchell A. Jacobs. June 13, 2011
. August 14, 2009. Archived fromthe originalon 2013-02-07 via Docstoc.com.
Registry List. Williams-Sonoma. Archived fromthe originalon 2015-11-17.
President Lynsi Snyder on why In-N-Out will never franchise or go public. CBS News. 2015-09-18
Radio Promo Download. I Am Second. 2012-09-30
Columns Agent 1320. Drag Racing Online. 2010-01-21
1941 Willys Coupe Jay Lenos Garage. YouTube. 2015-06-14
In-N-Out Heiress Buys Adrin Beltrs Behemoth Bradbury (CA) Compound. The Real Estalker. 2012-09-20
. 2010-08-01. Archived fromthe originalon 2011-02-28.
Davies, Katie.Lynsi Torres: Meet Americas youngest female billionaire.
In-N-Out Burger: A Behind-the-Counter Look at the Fast-Food Chain That Breaks All the Rules
. New York:Harper Collins PublishersISBN
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This page was last edited on 18 April 2019, at 00:22