Edgar Sia
Quick Facts
Biography
Edgar "Injap" Sia II (born 1977) is a Filipino businessman. Sia is the chairman of DoubleDragon Properties and the founder of Mang Inasal fast food restaurant chain.
In 2011, Sia become the youngest billionaire in the Philippines at the age of 34, after selling his 70% stake in Mang Inasal to Jollibee.
Early life
Sia was born in Iloilo City in 1977 and grew up in Roxas City, the eldest of three siblings. He was nicknamed, "Injap", a portmanteau of "Intsik" (the Philippine pejorative for a Chinese person) and "Japanese"; as his father, Edgar Sr., is half Chinese, while his mother, Paz, is half Japanese.
Sia had planned to become an architect, but dropped out of the University of San Agustin to start a business career.
Career
Sia 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.
Personal life
Sia is married, with two children, and lives in the Philippines.