The notion of initial ideal for an ideal of a polynomial ring appears in the theory of Gröbner basis. Similarly to the initial ideals, we can define the initial algebra for a subalgebra of a polynomial ring, or more generally of a Laurent polynomial ring, which is used in the theory of SAGBI (Subalgebra Analogue to Gröbner Bases for Ideals) basis. The initial algebra of a finitely generated subalgebra is not always finitely generated, and no general criterion for finite generation is known.The aim of this paper is to present a new class of finitely generated subalgebras having non-finitely generated initial algebras. The class contains a subalgebra for which the set of initial algebras is continuum, as well as a subalgebra with finitely many distinct initial algebras.