THE billionaire founder of fashion giant Mango has tragically died after suffering a horrifying fall down a mountain.
Isak Andic, one of Spain’s richest men, was killed after slipping and falling nearly 500ft during a family outing in Collbato, Catalonia.
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The 71-year-old businessman’s son Jonathan alerted the emergency services but there was nothing they could do to save him.
Mr Andic was visiting the Collbato Caves in the heart of the magical Montserrat mountain when the tragedy occurred just after midday today.
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.”
Turkish immigrant Isak founded Mango along with his brother Nahman in 1984.
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.
Earlier this year Mango announced it was teaming up with Victoria Beckham to launch a new capsule collection to mark its 40th anniversary.
Forbes recently estimated Mr Andic’s net worth at US DOLLARS 4.5 billion, making him Catalonia’s richest men and one of Spain’s wealthiest people.
Jonathan was one of his three grown-up children. He had two daughters, Judith and Sarah.
