Edgar Sia
{{Short description|Filipino billionaire and businessman}}
{{Use dmy dates|date=May 2017}}
{{Philippine name|Jaruda|Sia}}
{{Infobox person
| name = Edgar Sia
| image = Edgar Injap Sia.png
| image_size =
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| birth_name = Edgar "Injap" Jaruda Sia II
| birth_date = {{Birth date and age|df=yes|1977|1|9}}
| birth_place = Iloilo City, Philippines
| death_date =
| death_place =
| education = University of San Agustin
| occupation = Property developer
| title =
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| known for = Founder of Mang Inasal
| boards =
| spouse = Shella Sia
| children = 3
| website =
}}
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.{{cite web|author=Phyliss Fang Savage |url=https://www.forbes.com/global/2011/0718/philippines-billionaires-11-edgar-sia-mang-inasal-mr-bbq.html |title=Edgar Sia's Fast-Food Cashout |work=Forbes.com |date=22 June 2011 |accessdate=12 September 2017}}{{cite web|author=Josiah Go |url=http://josiahgo.com/edgar-sia-ii-is-youngest-filipino-billionaire-by-josiah-go/ |title=Edgar Sia II is Youngest Filipino Billionaire by Josiah Go | The Marketing Mentor |publisher=Josiahgo.com |date=29 August 2016 |accessdate=21 May 2017}}{{cite web|url=http://www.rappler.com/business/3579-how-a-college-dropout-became-a-billionaire |title=How a college dropout became a billionaire |publisher=Rappler.com |date=18 July 2012 |accessdate=21 May 2017}} As of September 2021, his net worth was estimated at US$675 million.{{cite web|url=https://www.forbes.com/profile/edgar-sia/ |title=Forbes profile: Edgar Sia |work=Forbes.com |accessdate=26 October 2021}}
Early life
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.{{cite web|url=https://enterpriseasia.org/apea/philippines/awards/ph-2016/edgar-injap-sia-ii/ |title=Apea / Philippines / Edgar Injap Sia Ii — Enterprise Asia |publisher=Enterpriseasia.org |date= |accessdate=21 May 2017}} 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).{{cite web|url=http://primer.com.ph/business/2017/07/17/success-story-of-injap-sia-youngest-billionaire-in-ph/ |title=Success Story of Injap Sia: Youngest Billionaire in PH |publisher=Philippine Primer |date=17 July 2017 |accessdate=12 September 2017}}{{Cite web |date=February 1, 2024 |title=Edgar "Injap" Sia II: Wealth, Business Empire, and Life Outside Work |url=https://www.esquiremag.ph/the-good-life/the-directory/injap-sia-wealth-business-empire-and-life-outside-work-a00203-20240201-lfrm |access-date=April 27, 2024 |website=Esquire Philippines (EsquireMag.ph)}}
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 Iloilo City in 2003. In seven years, Mang Inasal grew to 338 branches nationwide, before being acquired by Jollibee in 2010. File:113Mang Inasal in San Rafael, Bulacan.jpg
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.{{Cite web|date=25 November 2020|first=Anri|last=Ichimura|title=Injap Sia: 10 Little Known Facts About the Self-Made Billionaire|url=https://www.esquiremag.ph/money/movers/injap-sia-facts-billionaire-a00304-20201125-lfrm2|access-date=2021-10-25|website=Esquiremag.ph}} They live in Manila, Philippines but still maintain homes in Capiz and Iloilo.