- Isak Andic, the founding father of the style model Mango, has died in an accident, the corporate mentioned.
- Andic fell right into a ravine whereas mountain climbing in caves close to Barcelona, in response to stories.
- Andic and his household have an estimated web price of $4.5 billion, in response to Forbes.
Isak Andic, the billionaire founding father of the European trend firm Mango, died on Saturday. He was 71.
Andic, who served as the corporate’s non-executive chairman, died after an accident, Mango CEO Toni Ruiz mentioned in a press launch.
“Isak has been an instance for all of us. He devoted his life to Mango, leaving an indelible mark due to his strategic imaginative and prescient, his inspiring management and his unwavering dedication to values that he himself imbued in our firm,” Ruiz mentioned within the press launch.
Ruiz praised Andic’s “care and affection that he all the time had” for the corporate.
Pedro Sánchez, the prime minister of Spain, mentioned in a publish on X that Andic died in an accident within the caves of Salnitre in Collbató, which is simply outdoors of Barcelona.
In line with a number of stories, Andic fell right into a ravine whereas mountain climbing by means of caves together with his household. The ravine was over 320 toes deep, CNN reported, citing native police.
On Sunday, Mango’s web site featured a tribute to Andic on its residence web page, and photographs present the flags on the firm’s headquarters in Barcelona flying at half-mast.
Andic began the corporate in Barcelona in 1984. In line with Mango’s web site, it is now in over 120 markets and has a thriving on-line presence. Forbes reported that Andic and his household are price $4.5 billion.
