BillionaireNet
Snyder-Ellingson
Lynsi Snyder-Ellingson
Rank #387
UNITED STATESfood-beverageIn-N-Out Burger

Lynsi Snyder-Ellingson

Net Worth
$8.665B
0% (24h)
Lynsi Snyder-Ellingson, born May 5, 1982, is the owner and president of In-N-Out Burger, a West Coast fast-food chain founded by her grandparents in 1948. As the sole heir, she took full ownership on her 35th birthday in 2017. Snyder has overseen the expansion of In-N-Out to over 400 locations across seven states, while steadfastly maintaining its commitment to quality and its culture. Her career began at 17, working in various roles before becoming president in 2010. As of 2024, her estimated net worth is $8.7 billion. Beyond her business success, Snyder is involved in philanthropy and is the founder of Slave 2 Nothing Foundation.

The Full Dossier

Early Life

Lynsi Snyder-Ellingson was born on May 5, 1982, in San Dimas, California. She is the only child of Lynda and H. Guy Snyder and the only grandchild of Harry and Esther Snyder, who founded In-N-Out Burger in 1948. Snyder spent her childhood in Glendora and later in Shingletown, California. She graduated from Shingletown Christian Academy and attended Citrus College, taking classes in auto-mechanics.

Rise to Success

Snyder's career with In-N-Out Burger began at the age of 17 when she took on an entry-level job. She worked in various departments, including merchandising and corporate operations, before becoming the sixth president of the company in 2010. Under her leadership, In-N-Out has expanded significantly, opening over 400 locations while maintaining its legacy and commitment to quality. Snyder became the sole owner of the company on her 35th birthday.

Key Business Strategies

Lynsi Snyder has been steadfast in her commitment to preserving the In-N-Out brand's core values. She has resisted the temptation to franchise or sell the company, ensuring quality and customer satisfaction remain top priorities. She has also overseen expansions into new markets, including Texas, Oregon, Colorado, and Tennessee. Snyder's leadership emphasizes employee well-being and maintaining a positive company culture, which has contributed to high employee satisfaction and loyalty.

Philanthropy

Snyder is actively involved in philanthropic endeavors. She co-founded the Slave 2 Nothing Foundation with her husband, Sean Ellingson, to combat human trafficking and substance abuse. She also serves as President of the In-N-Out Burger Foundation, which supports abused and neglected children. In 2023, she and In-N-Out made a significant financial contribution to Biola University.

Career Timeline

2023

Book Release

Snyder authored the book "The Ins-N-Outs of In-N-Out Burger".

2017

Sole Owner of In-N-Out Burger

Snyder became the sole owner of In-N-Out Burger, inheriting the remaining shares.

2010

President of In-N-Out Burger

Snyder became the sixth president of In-N-Out Burger, succeeding her brother-in-law, Mark Taylor.

1948

In-N-Out Burger Founded

Harry and Esther Snyder founded the first In-N-Out Burger in Baldwin Park, California.

Philanthropic Impact

Humanitarian$2.5M

Slave 2 Nothing Foundation

Co-founded to combat human trafficking and substance abuse.

Child WelfareUndisclosed

In-N-Out Burger Foundation

Supports abused and neglected children.

Education$74M

Biola University Donation

Gift to fund a new studio for the Snyder School of Cinema & Media Arts.

Wealth Trajectory