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Mang Inasal founder is youngest billionaire in Forbes' 40 richest Filipinos

How he got that rich
By Carlo P. Mallo |

Edgar Sia may not be a cook but he definitely knew the market he was serving: the ordinary Filipino. It is one secret that Sia divulges in an interview with Forbes.com, wherein he is also included as the youngest in a list ranking the 40 richest Filipinos. (Read the complete story here)

The 34-year old entrepreneur shot to fame in 2010 when he sold 70 percent of his stake in Mang Inasal to Jollibee’s Tony Tan Caktiong to the tune of P3 billion or US$68 million--a breakthrough for a startup businessman who founded his multi-million barbecue place at a food court in a provincial mall in 2003. (Read the complete story here)

"The deal earned Sia a spot among the Philippines' wealthiest for the first time this year," says Forbes.com. Sia's net worth is pegged at US$85 million or about P3.6 billion.

Sia graced the cover of Entrepreneur Philippines in November 2009 before he sold his 70-percent stake in Mang Inasal to Jollibee Foods Corporation.



Edgar 'Injap' Sia

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