Isak Andic, founding father of Mango trend chain, dies in accident aged 71 | EUROtoday

Isak Andic, the billionaire founding father of excessive road trend chain Mango, died in an accident on Saturday, in accordance with the corporate.

Spanish media reported the 71-year-old fell down a ravine to his demise whereas climbing in a mountain vary exterior Barcelona.

Andic was along with his son and different relations when he fell, in accordance with the El Pais newspaper, triggering a big emergency response.

The Turkish-born businessman based Mango with the assistance of his brother, Nahman, in Barcelona in 1984 and the chain now operates virtually 3,000 shops in 120 nations. Forbes estimated Andic’s internet value to be $4.5bn.

Spanish media reported Andic fell down a 150-meter ravine whereas climbing in an space of the Montserrat mountains identified for its deep caves.

Police have been known as at round 1pm and a helicopter and specialised mountain unit was despatched to the scene, El Pais reported.

Mango CEO Toni Ruiz stated in an announcement: “His departure leaves a huge void but all of us are, in some way, his legacy and the testimony of his achievements.

“It is as much as us, and that is the most effective tribute we are able to make to Isak and which we’ll fulfill, to make sure that Mango continues to be the challenge that Isak aspired to and of which he would really feel proud.”

The president of Catalonia’s government, Salvador Illa Roca, said he was “dismayed by the loss” and described Andic as a “dedicated businessman” who “contributed to creating Catalonia nice and projecting it to the world”.

https://www.bbc.com/news/articles/c3wed2egp4vo