Who Owns In And Out Burger Chain
The Founders of In-N-Out Burger Chain
In-N-Out Burger is a fast-food chain that was founded in Baldwin Park, California, in 1948 by Harry Snyder and his wife Esther Snyder. The first In-N-Out Burger stand was a small drive-thru with a simple menu of burgers, fries, and shakes.
The Snyder Family
After the death of Harry Snyder in 1976, his wife Esther Snyder took over as the president of In-N-Out. She ran the company until her death in 2006, after which her grand-nephew, Lynsi Snyder, inherited the chain.
Lynsi Snyder
Lynsi Snyder was born in 1982 and is the granddaughter of Harry and Esther Snyder. She inherited the company in 2006 at the age of 24, making her one of the youngest billionaires in the world. She is also the owner of several other businesses, including Lynsi Torres Enterprises, a real estate investment company.
The Baldwin Family
The Baldwin family is related to the Snyder family by marriage. Guy Baldwin, who is Lynsi Snyder's uncle, is the current vice president of In-N-Out Burger. He has been working for the company since the 1970s and is responsible for overseeing its expansion.
The Current Ownership Structure of In-N-Out Burger
In-N-Out Burger remains a privately held company and is still owned by the Snyder family. Lynsi Snyder is the majority owner with a 97% stake in the company. The remaining 3% is owned by the Baldwin family.
The Success of In-N-Out Burger
Despite being a relatively small chain with only around 350 locations, In-N-Out Burger is one of the most popular fast-food chains in the United States. It has a cult-like following and is known for its high-quality burgers and secret menu items.
Conclusion
So, who owns In-N-Out Burger chain? The answer is the Snyder family, with Lynsi Snyder being the majority owner. The chain has remained in the family for over 70 years and continues to be a popular fast-food destination for burger lovers all over the United States.
