The Fabulous Life Of The Billion Dollar Burger Heiress

By on October 4, 2016 in ArticlesBillionaire News

Lynsi Snyder Seawell Martinez Torres Ellingson is the 34-year-old heiress to the In-N-Out Burger fortune. As you can imagine, the thrice divorced heiress has lived a pretty interesting life. She is a billionaire, and, when she turns 35 on May 5, 2017, she will inherit full control of In-N-Out and its 313 restaurants in six states.

Lynsi's grandparents opened the first In-N-Out in Los Angeles in 1948. After her grandfather died in 1976, her uncle,Rich Snyder, took over the family business. Uncle Rich ran In-N-Out until he was killed in a plane crash in 1993. At that point, Lynsi's dad, Gary Snyder, took over with supervision from his mother, as Gary was a drug addict. Gary was at the helm of the burger empire until he died from a prescription drug overdose in 1999, when Lynsi was 17 years old. In 2006, Lynsi's grandmother died and as the only biological Snyder heir, Lynsi inherited the company. She became president of In-N-Out in 2010, when she was just 28 years old.

Lynsi is notoriously private and press-shy. In a rare interview, she revealed that this is because of two kidnapping attempts when she was younger. The first happened when she was in high school, the second when she was 24 and managing an In-N-Out location.

Lynsi has her father's wild spirit. She once pursued an amateur boxing career and she loves drag racing. Lynsi married her high school sweetheart, Jeremiah Seawell, in 2000, shortly after her 18th birthday. They divorced in 2003. Lynsi married former In-N-Out employee Richard Martinez in 2004. She and Martinez had twin boys together. They divorced in 2011. Lynsi then married race car driver Val Torres in 2011. She had begun dating Torres while still married to Martinez. She and Torres had a son together. They divorced in 2014. Also in 2014, Lynsi married former In-N-Out employee Sean Ellingson. They have a son together.

Lynsi was named President of In-N-Out on January 1, 2010. Lynsi gained control of 50% of the company in 2012 when she turned 30, and will gain full control when she turns 35 in 2017. Since Lynsi has been running In-N-Out, she has expanded the chain's reach from four states to six. Today, In-N-Out has 313 locations across the West and Southwest. Lynsi has made it clear she intends to keep the burger chain the family-owned, privately held business it has always been.

Lynsi Snyder Seawell Martinez Torres Ellingson has a net worth of $1 billion.

Articles Written by Amy Lamare
Amy Lamare is a Los Angeles based writer covering business, technology, entertainment, philanthropy, and pop culture. She spent 8 1/2 years covering the entertainment industry for www.hsx.com. She attended the University of Southern California where she majored in Creative Writing. An avid long distance runner, weekends she can be found running the streets of Los Angeles training for 1/2 and full marathons. Follow her on Facebook.
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