In-N-Out Burger is a privately owned American fast-food restaurant chain headquartered in Irvine, California, United States. The company is best known for its hamburgers, fresh ingredients, limited menu, and cult-like customer following, especially across the U.S. West Coast.
In-N-Out Burger was founded in 1948 by Harry Snyder and Esther Snyder in Baldwin Park, California. It is widely credited with being California’s first drive-thru hamburger stand. As of 2025–2026, the company operates 400+ locations across states such as California, Texas, Nevada, Arizona, Utah, Colorado, and Oregon.
The company is currently led by Lynsi Snyder, who serves as Owner and President of In-N-Out Burger.
Also Read: Who is the Owner of Burger King?
Ownership Status of In-N-Out Burger
Unlike many large fast-food chains, In-N-Out Burger is not publicly traded. It is a family-owned and privately held company.
Sole Owner
| Owner | Ownership Percentage | Notes |
|---|---|---|
| Lynsi Snyder | ~100% | President and sole owner; heiress to the Snyder family business |
Lynsi Snyder became the sole owner in 2017 after the passing of her uncle Rich Snyder and other family members. Since then, she has retained full ownership and control, keeping the company independent and refusing offers to sell or franchise.
About The Owner – Lynsi Snyder
Lynsi Snyder is an American businesswoman and the owner and president of In-N-Out Burger. She is the only grandchild of founders Harry and Esther Snyder and represents the third generation of the Snyder family to lead the company.
Lynsi officially became the sole owner of In-N-Out Burger in 2017, after the deaths of her father and uncle. Despite inheriting one of the most successful fast-food chains in the United States, she has kept a low public profile and focuses on maintaining the company’s original values.
As the head of In-N-Out Burger, Lynsi Snyder oversees the brand’s long-term strategy, culture, and expansion plans. She is known for refusing to franchise or sell the company, choosing instead to keep it privately owned and family-controlled.
Under her leadership, In-N-Out has expanded carefully into new states while continuing to emphasize fresh ingredients, employee pay, and consistency. Lynsi has repeatedly stated that the company will never go public, a decision that sets In-N-Out apart from nearly all major fast-food competitors.
Lynsi Snyder Net Worth
Lynsi Snyder’s net worth is estimated to be several billion dollars, primarily derived from her 100% ownership stake in In-N-Out Burger. The company generates billions of dollars in annual revenue, yet remains privately held, meaning her wealth is not tied to public stock markets. While exact figures vary by source, Lynsi is widely considered one of the youngest female billionaires in the United States. Despite her wealth, she is known for a relatively private lifestyle and significant involvement in philanthropic and faith-based initiatives.
Key Ownership Highlights
In-N-Out Burger’s ownership structure is extremely rare in today’s fast-food industry:
- 100% family-owned with no outside investors
- No franchising model — all locations are company-owned
- No institutional investors, private equity, or venture capital involvement
- Not listed on any stock exchange
Under Lynsi Snyder’s leadership, the company has:
- Maintained its original recipes and quality standards
- Focused on slow, controlled expansion
- Continued to pay above-average wages in the fast-food sector
Recent Developments in Ownership
There have been no changes in ownership in recent years. Lynsi Snyder has publicly stated multiple times that:-
- In-N-Out Burger will never go public
- The company will not be sold during her lifetime
- Long-term plans include placing ownership into a trust to preserve the brand’s values after her tenure
These decisions ensure the company remains independent and family-controlled.
FAQs
1. Who is the current owner of In-N-Out Burger?
In-N-Out Burger is owned by Lynsi Snyder, who holds nearly 100% ownership and serves as the company’s President.
2. Is In-N-Out Burger publicly traded or privately owned?
It is privately owned and not listed on any stock exchange.
3. Who founded In-N-Out Burger?
The company was founded in 1948 by Harry Snyder and Esther Snyder.
4. Has In-N-Out Burger ever planned an IPO?
No. The company has consistently stated it has no plans to go public.