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Billionaire Mango Founder Isak Andic Dies in Tragic Hiking Accident. Isak Andic, founder of the global fashion chain Mango, tragically died in a hiking accident near Barcelona on December 14, Spanish police confirmed. The 71-year-old businessman reportedly slipped and fell from a 150-meter cliff in the Montserrat caves while hiking with relatives. Emergency services pronounced him dead at the scene. Andic's family alerted emergency services at around 12:30 p.m. local time. Despite a swift response with a helicopter and ambulance, his life could not be saved. Known as the richest man in Catalonia, Andic had an estimated net worth of $4.5 billion (£3.6 billion), according to Forbes. Spanish Prime Minister Pedro Sánchez expressed his condolences, calling Andic a visionary who transformed Mango into a global fashion leader. Mango's CEO Toni Ruiz described Andic’s death as "unexpected" and lauded his strategic vision, leadership, and commitment to the company’s values. Mango issued a statement declaring, "His departure leaves a huge void," vowing to continue fulfilling his aspirations for the company. Salvador Illa Roca, President of Catalonia, highlighted Andic’s contribution to elevating the region's status globally and his transformative impact on the fashion industry. Founded in 1984, Mango grew into an international fashion powerhouse, with Andic's leadership setting it apart as a global brand. Andic’s influence on fashion and business is immeasurable, leaving behind a successful brand and a profound impact on the industry worldwide.
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