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. 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 Jollibee is a Filipino chain of fast food restaurants owned by Jollibee Foods Corporation (JFC) which serves as its flagship brand. Established in 1978 by Tony Tan Caktiong, it is the Philippines' top fast food restaurant and is among the ...

. As of September 2021, his net worth was estimated at US$675 million.

Early life

Sia was born in

Iloilo City Iloilo City, officially the City of Iloilo (; ; ), is a Cities of the Philippines#Legal classification, highly urbanized city in the Western Visayas Regions of the Philippines, region of the Philippines, located on the southeastern coast of th ...

in 1977 and grew up in

Roxas City Roxas (, ), officially the City of Roxas (Capiznon language, Capiznon/; ), is a Cities of the Philippines#Legal classification, component city and capital of the Provinces of the Philippines, province of Capiz, Philippines. According to the 2 ...

, the eldest of three siblings having parents from both Capiz and Iloilo. He was nicknamed "Injap", a

portmanteau In linguistics, a blend—also known as a blend word, lexical blend, or portmanteau—is a word formed by combining the meanings, and parts of the sounds, of two or more words together.

of "''Intsik''" (the Filipino/ Tagalog term for Chinese) and "Japanese"; as his father, Edgar Sr., is a

Chinese Filipino Chinese Filipinos (sometimes referred as Filipino Chinese or Chinoy/Tsinoy in the Philippines) are Filipinos of Chinese descent with ancestry mainly from Fujian, but are typically born and raised in the Philippines. Chinese Filipinos are one ...

, 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.

Career

Sia co-founded the barbecue chain Mang Inasal in

in 2003. In seven years, Mang Inasal grew to 338 branches nationwide, before being acquired by

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.

Personal life

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.

References

{{DEFAULTSORT:Sia, Edgar 1977 births Living people Filipino billionaires Filipino chairpersons of corporations Filipino company founders People from Iloilo City People from Capiz Filipino people of Chinese descent Filipino people of Japanese descent Visayan people