Founder of fashion chain Mango dies in accident at age 71

Isak Andik, the billionaire founder of high street fashion chain Mango, died in an “accident” on Saturday, according to the company.

A 71-year-old man died after falling into a ravine while hiking in a mountain range outside Barcelona, ​​Spanish media reported.

According to El País newspaper, his son was at the crash site.

The Turkish-born businessman founded Mango in Barcelona in 1984 and the chain now operates in 120 countries. Forbes estimates Andic’s net worth at $4.5 billion.

Mango CEO Tony Ruiz said in a statement: “His departure leaves a huge void but we are all, in some way, a testament to his legacy and his achievements.

“It is up to us, and it is the best tribute we can pay to Isak and one that we will fulfill, to ensure Mango remains the project Isak aspired to and of which he would have been proud.”