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Leonardo Salvador Sarao (13 April 1921 – 31 July 2001) was the founder and owner of the Sarao Motors, a company known for designing, manufacturing and selling the jeepney, the most popular mode of transportation in the Philippines.
A Sarao jeepney in Olongapo in 1973. Sarao Motors was established in 1953 by Leonardo Sarao, a former kalesa driver turned mechanic, as a small automotive shop with an initial budget of ₱700 (equivalent to ₱91,211 in 2021). The company grew into a multimillion corporation that produced the majority of jeepneys in the Philippines.
At the 1964 New York World's Fair, a Sarao jeepney was exhibited in the Philippine pavilion as a national symbol for Filipinos. [ 4 ] [ 5 ] Jeepneys originate from the American colonial period – share taxis known as "auto calesas ", commonly shortened to "AC".
Sarao is a surname. Notable people with the name include: Leonardo S. Sarao (1921–2001), Filipino automotive businessman Sarao Motors, Filipino automotive manufacturing company; Manuel Sarao (born 1989), Italian footballer; Navinder Sarao (born 1978), British stock trader and manipulator
Leonides Sarao Virata (April 22, 1918 – July 14, 1976) was a Filipino economist. During his lifetime, he served as executive officer of various government and private companies in the country. He was appointed the secretary of the Department of Commerce and Industry from 1969 to 1970 and then chairman of the Development Bank of the ...
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