Spanish fashion billionaire Isak Andic has died in a hiking accident while exploring caves near Barcelona, the company Mango said on Saturday. The 71-year-old co-founder and former chairman of Mango fell into a ravine with his family while hiking through the caves, according to reports.
Andic’s net worth was estimated at $4.5 billion by Forbes, making him one of the richest people in Europe. He founded Mango in Barcelona in 1984, which has since expanded to over 120 markets worldwide.
Toni Ruiz, Mango CEO, described Andic as an “example” for the company, praising his leadership and commitment to values that he instilled in the brand. The Spanish prime minister, Pedro Sánchez, also paid tribute to Andic’s legacy, describing him as a devoted family man who always showed care and affection for the company.
Source: https://www.businessinsider.com/isak-andic-billionaire-founder-fashion-mango-death-barcelona-cave-2024-12