Mango boss and one in all Spain’s richest Isak Andic dies after falling down 500ft cliff
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Business giant and owner of clothing brand Mango has passed away after a shocking mountain accident in Catalonia – which saw him fall from a height of nearly 500ft.
Isak Andic was known as one of Spain’s richest men – with a net worth of around £3.5billion – and was enjoying an outing in the mountains before the tragic incident occurred. He is thought to have slipped before the fatal tumble. He was 71, and in the company of his son, who quickly contacted emergency services.
However, despite their quick response, there was nothing that could be done to save the tycoon. Mr Andic was visiting the Collbato Caves in the well-visited Montserrat mountain when the tragedy occurred just after midday today (December 14)
Catalan president Salvador Illa said on X: “Devastated by the loss of Isak Andic, a committed businessman who with his leadership has contributed to making Catalonia great and projecting it to the world. He leaves an indelible mark on the Catalan and global fashion sector. My condolences and those of the entire Government to the family, friends, and the Mango team.”
Fellow business men have also shared their heartfelt condolences online. Including Tony Ruiz, the CEO of Mango.
He said in a statement: “It is with deep regret that we announce the unexpected death of Isak Andic, our non-executive Chairman and founder of Mango, in an accident that occurred this Saturday. Isak has been an example for all of us. He dedicated his life to Mango, leaving an indelible mark thanks to his strategic vision, his inspiring leadership and his unwavering commitment to values that he himself imbued in our company.
“His legacy reflects the achievements of a business project marked by success, and also by his human quality, his proximity and the care and affection that he always had and at all times conveyed to the entire organisation. His departure leaves a huge void but all of us are, in some way, his legacy and the testimony of his achievements.
“It is up to us, and this is the best tribute we can make to Isak and which we will fulfill, to ensure that Mango continues to be the project that Isak aspired to and of which he would feel proud. In these extremely difficult times we share the pain of the family as if it were our own.”
Mango had a humble beginning, but quickly grew to be one of the most successful clothing businesses to come out of Spain. Mr. Andic was a Turkish immigrant and founded the business in 1984 along with his brother, Nahman.
By March 2024, it had over 14,000 employees working in more than 2,700 stores operating in over 110 countries, with 45 stores in the UK. The company also had celebrity involvement, with Mango announcing earlier this year they were teaming up with Victoria Beckham to launch a new capsule collection to mark its 40th anniversary.
Jonathan was one of Mr. Andic’s three grown-up children. He also had two daughters, Judith and Sarah.
