ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Lynsi Snyder Stood for 2 Hours for a Job Interview at Her Own Company; Here’s How She Made It Big

"I just wanted to be respected like others, doing it the right way and not having the special treatment," the 41-year-old added.
PUBLISHED APR 17, 2024
Cover Image Source: Sean Ellingson and Lynsi Snyder | Getty Images | Tommaso Boddi
Cover Image Source: Sean Ellingson and Lynsi Snyder | Getty Images | Tommaso Boddi

Lynsi Snyder, the billionaire heiress, who is today the president and owner of In-N-Out Burger with a net worth exceeding $6 billion recently appeared in an interview after a long time. In the interview with NBC, she revealed that she had stood in line for two hours to get a job at an In-N-Out restaurant in Redding, California at the age of 17. "I think that there's a stigma that can come with being the owner's kid," she said in the interview. "I just wanted to be respected like others, doing it the right way and not having the special treatment," the 41-year-old added.



 

She started by chopping vegetables and serving customers just like any employee would. Nobody apart from the store manager knew her real identity. Snyder started as an associate in 1999 and later took over the family-owned burger chain at the age of 27 back in 2010 and gained full control in the year 2017. She has since worked to keep the company going through inflation and other financial adversities. In the interview, she also talked about how she complied with all the rules and worked hard to get where she is today. "In the earlier days I wore pantsuits, and I did that because I felt like I was supposed to," she said. 

Snyder is often tagged "reclusive" by the media for not appearing in very many interviews and for always keeping a very low profile. Her childhood was eventful, to say the least. She revealed in a 2014 interview with Orange Coast Magazine that growing up she was targeted for kidnapping twice. Snyder's uncle Richard Snyder who was the president of the company at the time, was one of the two In-N-Out executives who died in a plane crash in 1993. Later, Snyder lost her father Guy Snyder to an overdose, making her the sole remaining heir to the brand. In the interview, she talked about how her family's tragic past still haunts her, "It was that family pain and tragedy really put each leader in its place," she said. 



 

In the interview, Snyder also revealed their plans to not increase the prices that much in response to the current inflation. We can’t,'" she said. "Because I feel such an obligation to look out for our customers. When everyone else was taking these jumps, we weren’t." Furthermore, she also said how she rejected the idea of franchising the In-N-Out chain, saying that it is one of the reasons that the company would "probably never" expand to the East Coast under her watch as they will never freeze the food. 

General views of In-N-Out Burger |  AaronP | Getty Images
General views of In-N-Out Burger | AaronP | Getty Images

In-N-Out was first started by Snyder's grandparents Harry and Esther Snyder back in 1948 in Baldwin Park, Los Angeles County. After the death of Harry Snyder, his son, and Lynsi's uncle Richard Snyder took over until he died in the crash after which Lynsi's father became the owner. Now Snyder has been leading the brand for the last fourteen years, per the NY Post. After overseeing the 400th store opening and also starting operations in three new states Colorado, Oregon, and Texas, Snyder's current net worth is around $6.7 billion.

MORE ON MARKET REALIST
Pressure from the government and consumers choices have forced this decision.
5 hours ago
She took her time to secure the big prize, drawing a loud cheer from the audience.
5 hours ago
The billionaire also predicted that other companies would follow suit in the future.
10 hours ago
His comments have led to several Americans calling him out for not reducing beef prices.
10 hours ago
Billionaires grew their wealth by an incredible 22% in the last year as regular Americans struggled.
10 hours ago
Americans in a Reuters/Ipsos poll identified the cost of living as the primary factor influencing their votes in the upcoming midterms.
12 hours ago
This will be damning for the DHS, which is already under immense pressure from the public.
1 day ago
Experts believe that it has to do with getting a sense of momentary control.
1 day ago
It seemed like the contestant was heading towards defeat, but his luck soon turned around.
1 day ago
The company says it has taken action to protect its rights as an importer to seek duty refunds.
1 day ago
The payout was driven by the company’s financial strength and strong underwriting performance.
1 day ago
Trump made this claim during his lengthy State Of The Union address earlier.
1 day ago
Research predicted that in the consumer sector, "AI personalization strategists" and "AI supply-chain analysts" jobs are expected to emerge.
1 day ago
The product might contain germs as the pasteurization process was not done properly due to a equipment troubleshooting error
2 days ago
The contestant came as close as possible to winning big, but had her heart broken in the end.
2 days ago
Trump failed to address the affordability issue that voters care most about.
2 days ago
He said that society is not quite ready for the pace at which AI is currently displacing workers.
2 days ago
The recall affected products that were sold to customers in four states and in Canada.
2 days ago
Those opposed to the changes believe Trump is politicizing the health of children.
2 days ago
Bessent said that the proposition would be rolled out “in the coming weeks and months,” as a tool for working-class Americans left behind.
2 days ago