Edgar Sia
Photo: DTI - Philippines, Public domain, via Wikimedia Commons11

Edgar Sia

Filipino billionaire and businessman

Edgar "Injap" Jaruda Sia II (born 9 January 1977) is a Filipino businessman. He is the chairman of DoubleDragon Properties (a joint business venture with Tony Tan Caktiong), and the founder of the Mang Inasal fast food restaurant chain.2

From Wikipedia’s article on Edgar Sia (this version), CC BY-SA 4.0.

Born 1977.1

Net worth $1.0B (as of Jun 25, 2021).12 Richest people

About

In 2011, Sia became the youngest billionaire in the Philippines at the age of 34 after selling his 70% stake in Mang Inasal to Jollibee. As of September 2021, his net worth was estimated at US$675 million.

From Wikipedia’s article on Edgar Sia, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedUniversity of San Agustin3
  • Date not recordedHua Siong College of Iloilo3

Sia was born in Iloilo City in 1977 and grew up in Roxas City, the eldest of three siblings having parents from both Capiz and Iloilo. He was nicknamed "Injap", a portmanteau of "Intsik" (the Filipino/Tagalog term for Chinese) and "Japanese"; as his father, Edgar Sr., is a Chinese Filipino, while his mother, the former Pacita Jaruda, is a Japanese Filipina (Japanese surname Haruda, 春田).

Sia had planned to become an architect, but dropped out of the University of San Agustin to start a business.

From Wikipedia’s article on Edgar Sia (this version), CC BY-SA 4.0.

Career

Sia co-founded the barbecue chain Mang Inasal in Iloilo City in 2003. In seven years, Mang Inasal grew to 338 branches nationwide, before being acquired by Jollibee in 2010.

In 2009, Sia founded Injap Land Corporation (now DoubleDragon Properties Corporation), developer of CityMall chain of malls.

In 2014, DoubleDragon Properties became a public company. DoubleDragon has been developing commercial and residential properties and reportedly plans to build 100 malls by 2020.

In August 2016, the company announced it was acquiring a majority stake in Hotel of Asia, Inc.

From Wikipedia’s article on Edgar Sia (this version), CC BY-SA 4.0.

Personal life

  • Born1977, Iloilo City6
  • CitizenshipPhilippines7

Edgar Sia is married to Shella Sia, and they have three children: Edgar Sia III, John Henry Sia and Elisa Stephanie Sia. They live in Manila, Philippines but still maintain homes in Capiz and Iloilo.

From Wikipedia’s article on Edgar Sia (this version), CC BY-SA 4.0.

Awards

  • 2022Asia's Most Influential Philippines8 9
  • 2021Asia's Most Influential Philippines8 9
  • 2016Gen.T (Philippines)8 9