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Grizzly Bulls’ Billionaires Index

⬅ # 410 Wu Yajun|# 412 Patrick Collison ➡

# 411 Lynsi Snyder 

$6.84B

Real Time Net Worth
as of 6/25/2024

# 411 Lynsi Snyder 

$6.84B

Real Time Net Worth
as of 6/25/2024
OccupationPresident, In-N-Out Burger
Source of WealthIn-N-Out Burger
Age42
ResidenceGlendora, California
Marital StatusMarried
Age-Adjusted Net Worth$23.1B
Lynsi Snyder
Lynsi Snyder
United States
Net worth: $6.84B

Self-Made Score 

Wealth History

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Biography

Early Life and Education

Lynsi Lavelle Snyder-Ellingson was born on May 5, 1982, in San Dimas, California, to Lynda Lou and Harry Guy Snyder, the only grandchild of In-N-Out Burger founders Harry and Esther Snyder.
Snyder spent her early childhood years in Glendora, California, before relocating to the small town of Shingletown, California, with her parents, where they lived on a ranch.
She graduated from Shingletown Christian Academy before moving to Southern California with her first husband.
As a teenager, she worked at In-N-Out but kept her family ties confidential, starting as a store associate and later joining the corporate merchandising department.
During her childhood, Snyder's father struggled with drug addiction and her uncle Rich, who successfully ran In-N-Out, died tragically in a plane crash.

Career and Business Leadership

Snyder worked her way up in In-N-Out, initially working in various departments and later becoming the president of the company in 2010.
Under her leadership, the number of In-N-Out locations nearly doubled, reaching 400 stores by December 2023, operating across eight states.
She has maintained the family's tradition of including Bible verses on In-N-Out packaging and is committed to preserving the company's legacy by refusing to sell or franchise.
Snyder is known for her servant leadership style and has been consistently popular with the company's employees, achieving a 96% approval rating on Glassdoor in 2021.
In addition to her role at In-N-Out, Snyder released a bestselling book titled 'The Ins-N-Outs of In-N-Out Burger' in 2023.
She has been recognized for her business leadership, being named CEO of the Year by the Los Angeles Business Journal in 2021.

Wealth and Philanthropy

Under her leadership, In-N-Out's estimated annual revenue surpassed $1.8 billion in 2022.
Snyder is actively involved in philanthropy, co-founding Slave 2 Nothing, a non-profit combating human trafficking and substance abuse.
She serves as President of the In-N-Out Burger Foundation, supporting abused and neglected children.
In 2023, Snyder and In-N-Out made a significant financial contribution to Biola University to fund the creation of a new film studio, named in her family's honor.
The Snyder family has made substantial donations to charitable causes, particularly focusing on combating human trafficking and supporting education.

Personal Life and Hobbies

Snyder is a devout Christian, having experienced a spiritual reawakening following personal struggles, including failed marriages and substance abuse.
She co-founded Army of Love, a ministry aimed at providing support and encouragement to individuals in need.
Snyder has a passion for drag racing, owning multiple performance cars, and is a licensed helicopter pilot.
She is the founder of the In-N-Out 'company band,' .48 Special, and enjoys performing as an aerialist, fire eater, and dancer.
An outdoors enthusiast, Snyder enjoys sports like soccer and football, and is a lifelong fan of the Las Vegas Raiders NFL team.
Snyder is known for her extensive car collection, including a modified '41 Willys and a 2017 Bell 412EP utility helicopter worth approximately $10 million.

Residence and Privacy

Snyder previously owned a mansion in Bradbury, California, but sold it in 2021 after relocating.
She primarily operates out of the Baldwin Park office, near her main residence, rather than the Irvine corporate headquarters.
Snyder owns her grandmother Esther's former home in Glendora, though she has never lived there.
Due to concerns for her safety, Snyder has been cautious about public appearances and interview requests, having experienced at least two kidnapping attempts.

How long would it take you to become as rich as Lynsi Snyder?

If you started with $10,000 and invested an additional $500 each month at a 44.13% CAGR, it would take you 5 years to reach Lynsi Snyder's net worth of $6.84B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 48.35% compared to 16.28% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Lynsi Snyder is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Lynsi Snyder, In-N-Out Burger is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey