Edgar Sia
Edgar "Injap" Jaruda Sia II | |
|---|---|
| Born | January 9, 1977 Iloilo City, Philippines |
| Occupation | Entrepreneur |
| Years active | 2003–present |
| Known for | Founder of Mang Inasal, Chairman of DoubleDragon Properties |
Edgar "Injap" Jaruda Sia II (born January 9, 1977) is a prominent Filipino entrepreneur, serving as chairman of DoubleDragon Properties, a collaborative enterprise with Tony Tan Caktiong, and is the original creator of the Mang Inasal fast-food franchise.
At the age of 34 in 2011, Sia earned the distinction of being the Philippines' youngest billionaire following the sale of his 70% ownership in Mang Inasal to Jollibee. By September 2021, his wealth was approximated at US$675 million.
Early life
Hailing from Iloilo City and spending his formative years in Roxas City, Sia is the firstborn among three siblings. His lineage includes Chinese Filipino and Japanese Filipino roots—his father is Chinese Filipino while his mother is Japanese Filipina. The moniker "Injap" is derived from merging "Intsik" (Chinese) and "Japanese."
Originally intending to pursue architecture studies, Sia left the University of San Agustin to focus on entrepreneurial opportunities.
Career
In 2003, Sia co-established the barbecue restaurant chain Mang Inasal in Iloilo City. Over a span of seven years, Mang Inasal rapidly grew to encompass 338 locations nationwide before its acquisition by Jollibee in 2010.
Sia launched Injap Land Corporation (currently known as DoubleDragon Properties Corporation) in 2009, which developed the CityMall retail chain.
Taking DoubleDragon public in 2014, the company has concentrated on both commercial and residential property development, setting a goal to construct 100 malls by 2020. In August 2016, DoubleDragon secured controlling interest in Hotel of Asia, Inc.
Personal life
Edgar Sia is married to Shella Sia, and together they have three children: Edgar Sia III, John Henry Sia, and Elisa Stephanie Sia. Their primary residence is in Manila, with additional homes located in Capiz and Iloilo.