Isak Andic, the billionaire founder of high street fashion chain Mango, died in an accident on Saturday, according to the company.
Spanish media reported the 71-year-old fell down a ravine to his death while hiking in a mountain range outside Barcelona.
Andic was with his son and other family members when he fell, according to the El Pais newspaper, triggering a large emergency response.
The Turkish-born businessman founded Mango with the help of his brother, Nahman, in Barcelona in 1984 and the chain now operates almost 3,000 outlets in 120 countries. Forbes estimated Andic’s net worth to be $4.5bn (£3.6bn).
Credit: Source link
