Home / Business / Retail / Meet the puzzling 35-year-old In-N-Out heiress who just became one of the youngest billionaires in America

Meet the puzzling 35-year-old In-N-Out heiress who just became one of the youngest billionaires in America


Lynsi Snyder
Lynsi Snyder, president
and solitary heiress to In-N-Out.

CBS

Thirty-five-year-old Lynsi Snyder just gained full control of one
of the many renouned burger bondage in the US: In-N-Out.

Snyder inherited 50% of In-N-Out’s shares when she
incited 30, and on Friday — her 35th birthday — she acquired the
chain’s remaining shares. 

The estate makes her one of the
youngest womanlike billionaires in the country
.

In-N-Out, which has 324 restaurants in 6 states,
was valued at $1.1 billion
in 2013.

Snyder’s grandparents non-stop the first In-N-Out in 1948 and
she became boss of the sequence seven years
ago. 

Despite her open role as president, Snyder is
famously reclusive and frequency talks to the press. 

But in a video released in January, she offered
some insight into her personal life.

She discussed her 4 marriages, the death of her father, and
her past drug use in the 10-minute video, which was posted to the
website Iamsecond.com.

After her grandfather died in 1976, Snyder’s uncle, Rich Snyder,
took over the company. He was at the helm until 1993, when he
died in a craft crash.


Lynsi Snyder
Despite her open role as
boss of In-N-Out, Snyder is famously reserved and rarely
talks to the press.


I Am
Second



Lynsi’s father, Guy Snyder, then transposed his hermit and
remained in charge until 1999, when he died of a
prescription-drug overdose. Lynsi was 17 at the time.

Seven years later, in 2006, Lynsi’s grandmother died and Lynsi
hereditary control of the company. She became boss 4 years
after in 2010.

Since holding the position as president, Snyder has expanded
In-N-Out to 6 states from four. She has changed almost nothing
else about the brand, which prides itself on a elementary menu of
burgers and fries.

Snyder calls herself an “organized, clever leader,” yet she
admits that she’s also a thrill-seeker.

“I’m a lot like my dad, a little bit of a daredevil,” she told
Orange
Coast Magazine
last year. “I like an adrenaline rush. My dad
took me to the racetrack for the first time when we was 2 or 3. …
Anything with a motor, that was in my blood.”

She enjoys drag-racing and once followed an pledge fighting career,
according to the magazine.

Snyder’s personal life

In the video expelled in January, Snyder talked about how
her father, Guy Snyder, battled drug obsession and was in and out
of rehab comforts from the time she was 5 years old. He later
had an affair, and her relatives divorced when she was 12.

“It was really tough for me to see him destroy and be diseased since I
knew how bad he wanted to be a good husband and good father,” she
said.

Around the same time, in 1993, her father took control of
In-N-Out from his brother.

Her father led the company until he died of the drug overdose in
1999.

“My universe shattered,” she said. “After my father died there was no
way we was going to be alone.”


lynsi torres
Snyder says she has been
the victim of two attempted kidnappings.


ABC
News



After her father’s death, Snyder married her first husband. She
was 18 years old.

“It wasn’t right,” she said. “I paid the cost with a divorce and
jumped right into the arms of someone else.”

Then she pronounced she started smoking pot and abusing alcohol.

“At that point, we flattering much satisfied I’m the wandering in the
family,” she said. “I figured, ‘I’m divorced — we competence as well
welcome this.'”

She pronounced she worried she would “meet an early death” like her
father, and she eventually married again, had two children, and
after had an affair. The matrimony dissolved within 6 years, she
said.

“I couldn’t feel like a bigger disaster at that point,” she said.

She married a third time and had another child with a man she
pronounced married her for income and cheated on her for scarcely four
years before they divorced.

“The first time he cheated on me we thought, ‘Well we merit it,'”
she said. “It was terrible.”

Now, at 34, she is remarried and says she has finally found peace
by religion.

Attempted kidnappings

 Snyder says she has also been a victim of two attempted
kidnappings. 


In-N-Out hamburgers double double quick food burger
In-N-Out, which has 324
restaurants in 6 states, was valued at $1.1 billion in
2013.

Flickr/Ray
Yu


In her talk with Orange Coast, Snyder pronounced the
first abduction try happened when she was 17 and still in
high school. The second time, she was 24 and operative as a manager
at In-N-Out.

“I ran opposite the highway,” she told the magazine, adding that
she knew her would-be kidnappers were questionable since “they
had a outpost with boarded-up windows.”

When asked about her future plans for In-N-Out, Snyder told

CBS
she would “never” take the company open or
authorization its restaurants.

“The only reason we would do that is for the money, and I
wouldn’t do it,” Snyder pronounced in the 2015 interview.

“M
y heart is totally connected to this company
since of my family, and the fact that they are not here — I
have a clever tie to keep this the way they would want
it.”

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