Age, Biography and Wiki
Birth Year | 1977 |
Birth Place | Philippines, Philippines |
Age | 46 YEARS OLD |
Residence | Philippines |
Alma mater | University of San Agustin (dropped out) |
Occupation | Property developer |
Title | Chairman, DoubleDragon Properties |
Spouse(s) | married |
Children | 2 |
Net worth: $675 Million (2024)
Edgar Sia, widely recognized as a prominent figure in the food and beverage industry in the Philippines, is expected to have a staggering net worth of $675 Million by the year 2024. With an illustrious career spanning several successful ventures, Sia has made a significant impact on the culinary landscape in the country. He is renowned for founding the Mang Inasal fast-food chain, which rapidly gained popularity and eventually caught the attention of multinational giant Jollibee Foods Corporation. Sia's innovative approach and entrepreneurial acumen have propelled him to become one of the wealthiest individuals in the Philippines and a true inspiration for aspiring entrepreneurs in the food industry.
Biography/Timeline
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 Filipino pejorative for a Chinese person) and "Japanese"; as his Father, Edgar Sr., is half Chinese, while his mother, the former Pacita Jaruda, is half Japanese.
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.
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.
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.