 Lynsi Snyder, pictured with fourth husband Sean Ellingson earlier this year. Photo / Getty Images Notoriously private billionaire CEO Lynsi Snyder appeared on the 2019 Wealthiest Angelenos List, published by the Los Angeles Business Journal, at number 27, with a net worth of $2.9 billion, well above Shawn ‘Jay-Z’ Carter and Beyonce Knowles-Carter who were tied with Aubrey Chernick at number 49 with $1.5 billion. Aubrey Chernick grew up in Deloraine, a small town of 900 people in the Canadian province of Manitoba where his father owned a small store (“Thrifty Stores”). Chernick started his own software company to build software that would manage a new IBM Operating System. He called his company Candle Corporation. IBM itself became a customer of Candle when IBM had difficulty in understanding how their own computers worked. In 2015, Chernick launched NextGen Crowdfunding, as the go-to place on the Web where they can educate themselves on the latest application of these critical fund-raising programs.  Evan Spiegel and Miranda Kerr Elon Musk topped the list at a net worth of $22.6 billion. Evan Spiegel, co-founder and CEO of the American social media company Snap Inc., (Snapchat) which he created with Bobby Murphy and Reggie Brown while they were students at Stanford University, is now ranked at 19, with a net worth of $3.7 billion. Spiegel was named the youngest billionaire in the world in 2015. He is now 30 and married to Miranda Kerr, a former Victoria’s Secret Angel Lynsi Snyder spoke about her troubled life and her unexpected side job during a very rare media interview. The 37-year-old is the heiress to the In-N-Out burger chain fortune, with a net worth of around $3.6 billion in 2020, according to Forbes. The beloved US fast food chain was founded by her grandparents Harry and Esther Snyder in California in 1948. Due to a series of family tragedies, Ms Snyder became the family's last remaining heir in 2000 when she was just 18, after the deaths of her father and uncle. Her father Guy Snyder died of an overdose in 1999, when she was just 17. Her uncle Richard Snyder had died in 1993 in a plane crash along with In-N-Out executive vice president Philip R West. She said her parents had divorced when she was 12, after the drugs and "another woman" impacted on the marriage. She began gradually receiving stakes in the business as part of a complicated trust plan made by her grandparents, and in 2017 she received the last slice of her fortune, on her 35th birthday.
She took over as president of the company in 2010, but despite being one of America's richest — and youngest — people, Ms Snyder had long shunned the spotlight in favor of a more reclusive life. The mother of four — who has been married four times — told The Christian Post she previously battled drug and alcohol abuse before turning her life around due to her faith. She also spoke about her side job as a Christian minister, after founding the Army of Love ministry during a particularly "painful" period of her life. "That's when I really started longing for that attention and that love, because my dad was the greatest source of that," she said. "I was calling out to God as my third marriage was failing. I was in a place where I felt I couldn't do ministry because my own heart and home were a mess," she told the Christian Post. "My (ex) husband and I were in constant turmoil. I became desperate for the hope that I could be used by God despite my circumstances." She ended up studying discipleship online and filed for a non-profit tax-exemption. As she waited for it to be approved, she ended up meeting her current husband Sean Ellingson, and the filing was approved shortly after the pair tied the knot. Ms Snyder said she was also a believer in "servant leadership" — a leadership philosophy where the leader's main goal is to serve others rather than grow the business. She said she worked hard as In-N-Out CEO to "maintain" the business without "compromising the quality of product, service, or standards." "My grandparents set the bar high and I only try to raise it," she said.
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