Edgar "Injap" Jaruda Sia II (born 1977) is a Filipino businessman. He is the chairman of DoubleDragon Corporation (a joint business venture with Tony Tan Caktiong), and the founder of the
Mang Inasal
Mang Inasal Philippines, Inc., also known as Mang Inasal, ( Hiligaynon for "Mr. Barbecue") is a barbecue fast food restaurant chain in the Philippines, established in Iloilo City in 2003.
History
The company was started by Edgar "Injap" Sia ...
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
Jollibee is a Filipino chain of fast food restaurants owned by Jollibee Foods Corporation (JFC). As of December 2021, JFC had a total of about 1,500 Jollibee outlets worldwide, with restaurants in Southeast Asia, the Middle East, East Asia ...
. 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 ( hil, Siyudad/Dakbanwa sang Iloilo; fil, Lungsod ng Iloilo), is a 1st class highly urbanized city in the Western Visayas region of the Philippines on the island of Panay. It is the capital city of t ...
in 1977 and grew up in
Roxas City
Roxas City, officially the City of Roxas ( Capiznon/ hil, Dakbanwa sang Roxas; fil, Lungsod ng Roxas), is a 3rd class component city and capital of the province of Capiz, Philippines. According to the 2020 census, it has a population of 179,2 ...
, the eldest of three siblings having parents from both Capiz and Iloilo. He was nicknamed "Injap", a
portmanteau
A portmanteau word, or portmanteau (, ) is a blend of wordsFilipino/
Tagalog
Tagalog may refer to:
Language
* Tagalog language, a language spoken in the Philippines
** Old Tagalog, an archaic form of the language
** Batangas Tagalog, a dialect of the language
* Tagalog script, the writing system historically used for Ta ...
term for
Chinese
Chinese can refer to:
* Something related to China
* Chinese people, people of Chinese nationality, citizenship, and/or ethnicity
**''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation
** List of ethnic groups in China, people of v ...
) and "Japanese"; as his father, Edgar Sr., is half
Chinese
Chinese can refer to:
* Something related to China
* Chinese people, people of Chinese nationality, citizenship, and/or ethnicity
**''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation
** List of ethnic groups in China, people of v ...
, while his mother, the former Pacita Jaruda, is half
Japanese
Japanese may refer to:
* Something from or related to Japan, an island country in East Asia
* Japanese language, spoken mainly in Japan
* Japanese people, the ethnic group that identifies with Japan through ancestry or culture
** Japanese dia ...
(
Japanese
Japanese may refer to:
* Something from or related to Japan, an island country in East Asia
* Japanese language, spoken mainly in Japan
* Japanese people, the ethnic group that identifies with Japan through ancestry or culture
** Japanese dia ...
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
Mang Inasal Philippines, Inc., also known as Mang Inasal, ( Hiligaynon for "Mr. Barbecue") is a barbecue fast food restaurant chain in the Philippines, established in Iloilo City in 2003.
History
The company was started by Edgar "Injap" Sia ...
in
Iloilo City
Iloilo City, officially the City of Iloilo ( hil, Siyudad/Dakbanwa sang Iloilo; fil, Lungsod ng Iloilo), is a 1st class highly urbanized city in the Western Visayas region of the Philippines on the island of Panay. It is the capital city of t ...
in 2003. In seven years, Mang Inasal grew to 338 branches nationwide, before being acquired by
Jollibee
Jollibee is a Filipino chain of fast food restaurants owned by Jollibee Foods Corporation (JFC). As of December 2021, JFC had a total of about 1,500 Jollibee outlets worldwide, with restaurants in Southeast Asia, the Middle East, East Asia ...
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 together. Edgar Sia III, John Henry Sia and Elisa Stephanie Sia. They live in Manila, Philippines.