Edgar Sia

Businessman

Birth Year 1977

Birthplace Iloilo City, Philippines

Age 47 years old

Nationality Philippines

#54723 Most Popular

1977

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.

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 half Chinese, while his mother, the former Pacita Jaruda, is half Japanese (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.

2003

Sia co-founded the barbecue chain Mang Inasal in Iloilo City in 2003.

2009

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

2010

In seven years, Mang Inasal grew to 338 branches nationwide, before being acquired by Jollibee in 2010.

2011

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.

2014

In 2014, DoubleDragon Properties became a public company.

2016

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

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.

2020

DoubleDragon has been developing commercial and residential properties and reportedly plans to build 100 malls by 2020.