Isak Andic, Billionaire Founder of Mango, Tragically Killed in Cave Accident

Thu Jun 26 2025 23:01:21 GMT+0300 (Eastern European Summer Time)
Isak Andic, Billionaire Founder of Mango, Tragically Killed in Cave Accident

The fashion world mourns the loss of Isak Andic, the visionary behind Mango, who passed away at 71.


Isak Andic, the billionaire founder of the renowned fashion retailer Mango, tragically died in a cave accident near Barcelona while hiking with family on Saturday.

Andic, who was 71 years old, reportedly fell into a 150-meter ravine in the Montserrat mountain region, prompting an extensive emergency response. According to reports from El Pais, he was accompanied by his son and other family members when the incident occurred.

The Turkish-born entrepreneur established Mango in 1984 alongside his brother Nahman in Barcelona. Today, the brand boasts nearly 3,000 stores across 120 countries and has an estimated net worth of $4.5 billion. Andic's impact on the global fashion landscape was profound, with Mango becoming a staple in high street fashion.

The local police responded promptly around 1 PM local time, deploying a helicopter and specialized mountain units to the incident site. Toni Ruiz, CEO of Mango, expressed deep sorrow in a statement, acknowledging that Andic's legacy is carried on through the company's commitment to excellence: "His departure leaves a huge void... It is up to us, and this is the best tribute we can make to Isak."

Spain's Prime Minister Pedro Sanchez voiced his condolences, emphasizing Andic’s contributions to the fashion industry and recognizing Mango’s stature as a global leader. Catalonia's president, Salvador Illa Roca, lamented Andic's passing, praising him for his substantial contributions to the region.

Andic had been a non-executive chairman of Mango and maintained a rivalry with fellow Spanish fashion mogul Amancio Ortega, the founder of Zara. The brand's profile in the UK surged in 2011 after securing British supermodel Kate Moss as its face, further solidifying its presence in international fashion.

As the world remembers Isak Andic, condolences continue to pour in for a man whose vision transformed the fashion retail landscape and left an indelible mark around the globe.

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