• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game

1

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

2

Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline

3

Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
SuccessLeadership

In-N-Out’s billionaire heiress is quitting California because it’s too difficult to raise kids and do business

Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
Down Arrow Button Icon
July 21, 2025, 6:43 AM ET
Lynsi Snyder, president of In-N-Out pictured in 2013
Lynsi Snyder, president and owner of In-N-Out, wanted to earn her stripes at the burger chain.Leonard Ortiz—Digital First Media/Orange County Register/Getty Images
Add Fortune on Google for similar content.
  • In-N-Out CEO Lynsi Snyder is relocating from California to Tennessee as the company builds an eastern territory office, signaling a cautious expansion. While reaffirming In-N-Out’s California roots, Snyder cited family and business pressures in the state and teased future growth from Texas into nearby states—though East Coast fans will still have to wait.

Lynsi Snyder is a born and bred Californian, and makes no secret of her love for the state where her grandparents founded cult burger empire In-N-Out. But the CEO revealed she is leaving the Golden State for Tennessee, where the company is building a new eastern territory office, teasing a potential push to expand even further across the U.S.

Recommended Video

Snyder took over the West Coast chain at the age of 27, following in the footsteps of her grandfather, father and uncle who led the business prior to her succession.

Having grown up in Northern California, Snyder recounted in a recent episode of the ‘Relatable’ podcast how she worked her way up the ranks of the business, from toiling away in stores to helping her grandmother with community work, to running the business’s merchandising branch.

Now at the helm of the business with a net worth of $7.3 billion, Snyder is expanding In-N-Out into new pastures and wants her family to benefit from the change too.

She explained: “We’re building an office in in Franklin … I’m actually moving out there. I really loved living in Northern California and I’m so thankful that I grew up there because I think it changed a lot of who I am today, I think I would be different if I was raised in Southern California.

“There’s a lot of great things about California, but raising a family is not easy here. Doing business is not easy here. The bulk of our stores are still going to be here in California, but it will be wonderful having an office … growing out there.”

Regarding the difficulty of doing business, In-N-Out has rankled with its home state over legal issues in the past—namely, when the business refused to comply with officials and request customers must show proof of vaccination to make purchases.

In-N-Out’s San Francisco restaurant was shut down for a couple of days, with Snyder saying: “There were so many pressures and hoops we were having to jump through. You know: ‘You’ve got to do this, they have to wear a mask, you have to put this plastic thing up between us and out customers.’

“It was really terrible, I look back and I’m like man, maybe we should have just pushed even harder on some of that stuff and dealt with all the legal backlash. But that was definitely where we held the line, like we’re not policing our customers.”

Likewise, last year, the company told local station KTVU it had raised its prices—a move Snyder has historically fought against—to comply with the state’s fast food minimum wage rules and maintain quality.

Commitment to Cali

But In-N-Out’s commitment to California as its western hub remains clear, with Snyder saying over the next five years the company’s two sites in Irvine and Baldwin Park (where its first restaurant opened in 1948) would be consolidated under one roof—the latter site.

The entrepreneur and mom of four explained that her uncle, Rich Snyder, opened the Irvine site when he was leading the business in the 1980s and 90s. However, when he died in a plane crash in 1993 Snyder’s father, Guy, took over running the company.

However, Snyder’s father died in 1999, leaving Lynsi—at the age of 17—the last of her family custodian of the empire.

Snyder explained her dad felt Irvine was not the “roots” of In-N-Out, adding: “He wanted to move everyone back to Baldwin Park so we kind of did a hybrid. He moved a lot of people back to Baldwin Park, but Irvine continued on and continued to grow. And my dad died a handful of years later, so he never got to bring everyone back here and close Irvine.

“So my vision for a long time has been to have these two offices under one roof.”

Expansion plans

In-N-Out has become a pillar of the West Coast lifestyle, and it is beloved by celebrities for a post-Oscar meal. But while its geographical exclusivity has won it visiting customers, the brand has been slowly creeping East.

For example, In-N-Out now has 43 stores in Texas and 13 in Colorado.

It’s unlikely the chain will ever make the decision to expand coast to coast fully, but Snyder teased: “Florida has begged us and we’re still saying no, the East Coast states we’re still saying no.

“We’re able to reach Tennessee from our Texas warehouse—we’re not putting out whole meat facility, we do our own beef, send it to our stores to make patties—we’re not going to have that there. We will have a warehouse … so we’ll be able to deliver from Texas.

“Texas can reach some other states.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
Eleanor Pringle
By Eleanor PringleSenior Reporter, Economics and Markets
LinkedIn icon

Eleanor Pringle is an award-winning senior reporter at Fortune covering news, the economy, and personal finance. Eleanor previously worked as a business correspondent and news editor in regional news in the U.K. She completed her journalism training with the Press Association after earning a degree from the University of East Anglia.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Success

Eddie Smith Jr driving a boat
SuccessWealth
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
By Preston ForeJuly 29, 2026
17 hours ago
Bernard Arnault, CEO of LVMH
SuccessPersonal Finance
LVMH CEO Bernard Arnault reveals he owned nearly 20% of Netflix, but cashed out too early—his stake could be worth up to $60 billion today
By Emma BurleighJuly 29, 2026
17 hours ago
Millionaires are leaving the U.K. in droves thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay
SuccessWealth
Millionaires are leaving the U.K. in droves thanks to tax hikes—but the CEO of $1 billion tax platform says it’s their ‘social responsibility’ to stay
By Orianna Rosa RoyleJuly 29, 2026
18 hours ago
Nnamdi Iregbulem is a partner at Lightspeed Venture Partners
CommentaryVenture Capital
Button-mashing never worked in StarCraft. Tokenmaxxing won’t work in AI
By Nnamdi IregbulemJuly 29, 2026
20 hours ago
Jamie Dimon says his stockbroker father taught him to invest with a ‘brutally hard’ childhood game
C-SuiteJamie Dimon
Jamie Dimon says his stockbroker father taught him to invest with a ‘brutally hard’ childhood game
By Sarah GlodekJuly 29, 2026
1 day ago
Gen Z workers are sneaking out of the office to nap and cry—anywhere secluded away from the desk will do, including Zara’s fitting room
SuccessGen Z
Gen Z workers are sneaking out of the office to nap and cry—anywhere secluded away from the desk will do, including Zara’s fitting room
By Orianna Rosa RoyleJuly 29, 2026
1 day ago

Most Popular

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
Success
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
By Preston ForeJuly 29, 2026
17 hours ago
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
Retail
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
By Sydney LakeJuly 29, 2026
18 hours ago
Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
C-Suite
Jamie Dimon says his stockbroker father taught him to invest with a 'brutally hard' childhood game
By Sarah GlodekJuly 29, 2026
1 day ago
Current price of oil as of July 29, 2026
Personal Finance
Current price of oil as of July 29, 2026
By Joseph HostetlerJuly 29, 2026
23 hours ago
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
Law
eBay will pay nearly $50 million after employees reportedly sent a Massachusetts couple a bloody pig mask, cockroaches and death threats
By The Associated Press and Leah WillinghamJuly 28, 2026
1 day ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
5 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.