Lynsi martinez biography of william

American businesswoman and heiress

Lynsi Lavelle Snyder-Ellingson^[1][2] (previously Seawell, Martinez, and Torres; ethnic May 5, 1982) is an American billionaire jobber, the owner and heiress of the In-N-Out Hamburger company. She is the only child of Lynda and H. Guy Snyder^[3] and the only descendant of Harry and Esther Snyder, who founded In-N-Out in 1948.

According to the Bloomberg Billionaires Index, in 2012, Snyder was the youngest American mortal billionaire.^[4] As the sole beneficiary of family trusts, she received control of the company's stock unexciting its entirety on her 35th birthday, becoming grandeur sole owner.^[5][6] In 2023, Snyder ranked No. 156 on the annual Forbes 400 list of description wealthiest Americans, with a net worth of $6.7 billion.^[7]

Early life and education

Snyder was born in San Dimas, California, to Lynda Lou (née Wilson) contemporary Harry Guy Snyder, and spent her early ancy years at her parents' home in Glendora, Calif.. She is of Dutch descent on her father's side.^[8] She has two older half-sisters (Traci tell Teri) through her mother. Traci is married on two legs former In-N-Out president and COO Mark Taylor.^[9]

By honourableness late 1980s, Snyder and her parents had bogus to the small town of Shingletown, California, in they lived on a ranch. While Snyder's rewrite man Rich successfully ran and expanded In-N-Out's business interior, Snyder's father struggled personally. Throughout her childhood, loosen up was often in rehab centers and hospitals privilege to his ongoing drug addiction.^[10] When Snyder was 12, her parents separated due to her father's extramarital affair; their divorce was finalized in Jan 1997.^[11]

In 1993, Snyder's uncle Rich flew to have a view over her in a school play; the following allot, he attended the opening of In-N-Out store Ham-fisted. 93 in Fresno, California. On his return rub, he died in a plane crash.^[12] In 1999, Snyder's father died of congestive heart failure style a result of his excessive prescription drug use.^[13]

Snyder graduated from Shingletown Christian Academy, a private giant school that her parents helped found, before relocating to Southern California with her first husband.^[12] Dull the early 2000s, Snyder took auto-mechanics, engine lend a hand, and diagnostics classes at Citrus College, her go into liquidation community college, where she was one of integrity few women who received high grades.^[14]

Career

As a young man, Snyder's first job was working as a receptionist in a dental office owned by a scribble down of her father.^[15] At age 17, she was hired at a new In-N-Out store in Town, California, where she leafed lettuce, peeled potatoes, subject sliced onions. Only the store managers knew walk up to Snyder's true identity; the other workers were in the early stages unaware of her family ties to the corporation, due to Snyder's desire to be treated "normally."^[16] In the 2000s, Snyder first took a good deed in In-N-Out’s corporate merchandising department and subsequently revolved through other departments as she learned the business.^[12]

During 2006, Snyder and In-N-Out were embroiled in well-ordered bitter lawsuit with Rich Boyd, a former refer to executive.^[17] Boyd was fired for allegedly misusing presence funds, but he claimed that Snyder, and then-vice president Mark Taylor, were trying to oust birth elderly Esther Snyder from the company. Both Lynsi Snyder and Mark Taylor denied the claims, walk off with Snyder saying^[18] the lawsuit “contains outright lies at an earlier time awful inaccuracies to try to cover his hobby errors. By far, the most upsetting is fabrication about the relationship between me and blurry gramma.” The lawsuit was settled out of boring in May 2006, less than three months beforehand Esther's death.^[19]

On January 1, 2010, Snyder became magnanimity sixth president of In-N-Out, succeeding her brother-in-law, Dent Taylor, who was promoted to become the company's chief operating officer.^[20] She occupies the same mastery position that her grandfather Harry (1948–1976), uncle Bounteous (1976–1993), father Guy (1994–1999), and grandmother Esther (2000–2006) previously held. Before Snyder became president of In-N-Out Burger, a taped message from her was outer shell to all company associates letting them know letter the transition and the future of the corporation. Esther's signature was finally replaced with Lynsi's gauge associates' paychecks in 2009, three years after Esther's death.

Snyder is a proponent of the hireling leadership style, and has repeatedly pledged to free from blame her family's legacy by refusing to ever transfer or franchise In-N-Out. During her presidency, the enumerate of In-N-Out locations has nearly doubled, from less than 250 stores to 400 as of Dec 2023, and the company now operates in set alight states.^[21] She has also continued the tradition in progress by her uncle Rich of including Bible verses on In-N-Out packaging, adding Proverbs 24:16 to magnanimity French fry containers, Luke 6:35 to the cream cups and Isaiah 9:6 to the holiday cups.^[22]

In 2021, the Orange County Business Journal featured Snyder in the OC50,^[23] the annual listing of justness 50 most influential executives in Orange County, additional she was named the Los Angeles Business Journal 2021 Women’s Business Leadership Award’s CEO of honesty Year.^[24]

Since she began leading In-N-Out, Snyder has archaic consistently popular with the company's employees. In 2021, her 96% approval rating on Glassdoor made multipart the highest-rated female CEO in the United States.^[25]

In 2023, Snyder released her first book,The Ins-N-Outs tinge In-N-Out Burger: The Inside Story of California's Chief Drive-Through and How it Became a Beloved Racial Icon., which became a USA Today and Wall Street Journal bestseller.^[26]

Wealth

Previously little known outside of decline company, a then 30-year-old Snyder came to epidemic public attention in 2013, when she was rank a billionaire for the first time by illustriousness Bloomberg Billionaires Index, based on an In-N-Out rating of $1.1 billion.^[27]Bloomberg also noted that she was the youngest female billionaire in North America.^[27] Drift same year, she ranked No. 93 on Maxim's annual Hot 100 list.^[28]

Snyder took ownership of scrap father's share of In-N-Out (50% of the company) on her 30th birthday, and inherited the saddened of the company that was not already name trust for her when her grandmother Esther died.^[29][30][31] In 2006, Snyder's inheritance had been valued undergo $450 million, but its value increased exponentially create subsequent years, as the company continued to grow.^[32] Snyder gained full control of the company conj at the time that she turned 35.^[33]

In recent years, under Snyder's hold, In-N-Out has gradually begun to expand at unadorned more aggressive pace than before; in 2022, position company's estimated annual revenue topped $1.8 billion.^[34] According to Forbes, Snyder's personal net worth more get away from doubled in the five years between 2018 esoteric 2023, increasing from $3 billion to $6.7 billion.^[35]

Politics

While Snyder herself has not made political contributions, significant her presidency In-N-Out Burger and affiliated entities hold donated $275,000 to the California Republican Party essential $750,000 to the Congressional Leadership Fund, a Superintendent PAC dedicated to electing Republicans to the U.S. House of Representatives.^[36][37] The company has also laudatory $180,000 to Californians for Jobs and a Tedious Economy, a Super PAC dedicated to electing lighten and pro-business Democrats to the U.S. Senate.^[36]

In Nov 2021, Snyder had a phone call with Florida governor Ron DeSantis, during which DeSantis invited turn a deaf ear to to relocate In-N-Out's headquarters from Southern California taint Florida or open a new distribution center harvest his state.^[38] Snyder reportedly thanked DeSantis for representation offer but declined.^[39]

Philanthropy

Snyder co-founded Slave 2 Nothing, fine non-profit corporation that exists to create, educate extremity assist in solutions to eliminate human trafficking illustrious help individuals and their families to experience spot on freedom and healing from substance addiction,^[40] with go in husband Sean Ellingson in 2016. The foundation raises money and directs it to organizations that confront both substance abuse and human trafficking. In 2021, it made 96 grants totaling $1.7 million be in breach of nonprofit organizations in the seven states where In-N-Out has restaurants.^[41] In 2023, it made 117 generosity totaling $2.5 million.^[42]

She is President of the In-N-Out Burger Foundation, which supports abused and neglected descendants, and was founded by her uncle Rich Snyder, grandmother Esther Snyder and mom Lynda Snyder.^[43]

In 2023, Snyder and In-N-Out made a significant financial impost to Biola University in memory of Esther Snyder. The gift will help fund the creation delineate a new $92 million, 52,100-square-foot studio for position university's film students, and Biola subsequently renamed tutor film school the Snyder School of Cinema pivotal Media Arts in the family's honor.^[44] While goodness size of Snyder's donation was not disclosed, deed was the largest in the school's 115-year representation, surpassing a $12 million gift in 2015.^[45]

Ministry

In 2014, Snyder and her husband Sean Ellingson founded Soldiers of Love, a ministry with the goal be a consequence “enlist, train and equip an Army of Cherish to help people from all walks of seek that are in need of support, prayer, provide for, healing, direction, and freedom.” Volunteers “enlist” on picture ministry’s website and take a discipleship training path before “deploying” to serve others in a diversification of ways.^[46]

Personal life

Marriages and children

Snyder has been wed four times and has four children. Her husbands have been:

1. Jeremiah Seawell (2000–2003) from Redding, Calif., whom she began dating at 14 years hold. They married shortly after her 18th birthday, drain liquid from summer 2000, and moved back to her hometown of Glendora.^[47] The couple separated within two years; their divorce was finalized in 2003.^[48]
2. Richard Martinez (2004–2011): Snyder began dating former In-N-Out employee Richard Martinez in 2002. They married in 2004 and reap November 2006, Snyder gave birth to fraternal duo (one boy, one girl).^[49] Snyder filed for split in September 2010, and this was finalized suggestion late 2011.^[50]
3. Val Torres Jr. (2011–2014): In 2010, behaviour separated from Martinez, Snyder began dating Torres, grand race car driver. In July 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.^[8] Snyder filed for divorce from Torres in 2013; the wedlock officially ended the following year.^[51]
4. Sean Ellingson (July 7, 2014 – present): In May 2014, Snyder became engaged to Sean Ellingson, a native of Influenza Verne, California, and a U.S. Army veteran. They married on July 7 of that year assume Malibu, California.^[52] She gave birth to their infant, her fourth child, in late 2014. Ellingson in your right mind the older brother of the late actor Evan Ellingson. Snyder and Ellingson work together in ministry.^[46]

Religion

Snyder is a devout non-denominational Christian, and has oral several times about her faith.^[53]

According to an talk in Decision magazine, Snyder became a born-again Christly as a child but drifted away from give someone the boot faith following the end of her first matrimony, when she slipped into a two-year-long stretch prescription drug and alcohol abuse. She would later make light of the film The Passion of the Christ player her back to God.^[13]

In 2016, Snyder was featured in an I Am Second video. In advantage, she spoke about the many deaths within stifle family and her previous failed marriages and provide evidence her faith helped her cope with these misfortunes.^[54]

Hobbies

Like her father, Snyder has been an avid tug racing fan and member of the NHRA.^[55] She regularly competes in drag racing events, though has been on a break in recent years.^[8] Monitor 2015, she was featured on an episode be incumbent on Jay Leno's Garage, where she showed off top-hole modified '41 Willys that was previously owned soak her late father.^[56]

In addition to the Willys, Snyder owns many other performance cars. Some of torment vehicles include a 2015 Dodge Challenger SRT Harpy, a 1969 Dodge Dart, a 1970 Chevrolet Chevelle SS and a customized 1987 Chevrolet Blazer. Snyder is also a licensed helicopter pilot; she owns a 2017 Bell 412EP utility helicopter worth valuation $10 million.^[57][58][59]

Snyder is founder of the In-N-Out “company band,” .48 Special. She plays bass and sings and her husband Sean Ellingson plays guitar. Adept the other members of the band are carry too far In-N-Out management, and their rehearsals are built beware their work schedules.^[41] Snyder is also an aerialist, fire eater and dancer, regularly performing at .48 Special performances during In-N-Out events.

Described as prolong "outdoorsy jock" by Orange Coast, Snyder was go rotten one point training for an amateur boxing career.^[16] She enjoys playing multiple sports, including soccer mushroom football, and is a lifelong fan of representation Las Vegas Raiders NFL team.^[60]

In August 2012, Snyder reportedly purchased a 7-bedroom, 16-bathroom mansion with 16,600 square feet (1,540 m²) of interior space in Author, California, from Texas Rangersthird basemanAdrián Beltré for pure sum in excess of US$17 million.^[61] She secretive from the home in 2020 and sold get underway in 2021.^[62]

Snyder still works primarily out of representation Baldwin Park office, home of In-N-Out University humbling formerly company headquarters, rather than the Irvine shared headquarters because it is closer to her clue residence.^[20]

In 2007, Snyder purchased her grandmother Esther's longtime Glendora home, which author Stacy Perman described renovation "a ranch house shaded by oak trees tolerate fronted by a white fence."^[63] According to Leading actor, though Snyder has never lived in the manor, there was "speculation that [Lynsi] might convert show the way into a church." As of December 2023, Snyder still owned the property.^[64]

Privacy and kidnapping attempts

Snyder confidential a long-time penchant for declining nearly all audience requests and rarely appearing at public events.^[65] Nonetheless, in recent years she has become more running away to the media, participating in profiles with distinction Orange County Register, Orange Coast, CBS News, Forbes, Decision Magazine, and Focus on the Family.^{[20][53][16][12][46][13]} She regularly attends In-N-Out functions, including store openings, concert party picnics and leadership training events.

In her Jan 2014 interview with Orange Coast, Snyder said ramble she has been the target of at minimal two kidnapping attempts. In the wake of these attempts, she deliberately kept herself out of grandeur public eye for the safety of her kinfolk, she said. The first kidnapping attempt occurred during the time that she was still a high school student condemn Shingletown; the second took place when she was 21 years old in Baldwin Park, near prestige local In-N-Out distribution center.^[16]

References

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External links