Isak Andic
Fashion and Retail

Isak Andic Net Worth

5 months ago

Isak Andic is the founder and largest shareholder of the clothing retailer Mango, which has a total revenue of $2.3 billion and 2,741 stores in 109 countries. He opened his first store in Barcelona in 1984 and took the company international in 1992. His son Jonathan Andic is the company's executive vice president. In addition to his involvement with Mango, Andic also has shares in Banco Sabadell, one of Spain's largest banking groups. He is originally from Turkey and is an enthusiastic sailor, owning a 175-foot yacht called the Nirvana.
Isak Andic is a member of Fashion and Retail

Age, Biography and Wiki

Birth Year 1953
Birth Place Barcelona, Spain, Spain
Age 70 YEARS OLD
Residence Barcelona, Spain
Occupation Founder and largest shareholder, Mango
Spouse(s) Neus Raig Tarragó (divorced)
Children Jonathan Andic Judith Andic Sarah Andic
Relatives Nahman Andic (brother)

💰 Net worth: $2.9 Billion (2024)

Isak Andic, a prominent figure in the fashion and retail industry in Spain, is forecasted to possess an impressive net worth of $2.9 billion by the year 2024. With his exceptional business acumen, Andic has carved a niche for himself as a respected and successful entrepreneur. As the founder of Mango, a globally recognized fashion brand, he has proven his knack for fashion retail and has gained significant recognition within the industry. Throughout his illustrious career, Andic has demonstrated an unwavering commitment to delivering quality and stylish clothing, earning him both admiration and prosperity in the fashion world.

2009 $2.3 Billion
2010 $4.8 Billion
2011 $6.1 Billion
2012 $4.8 Billion
2013 $5 Billion
2014 $5.7 Billion
2015 $4.8 Billion
2016 $3.4 Billion
2017 $2.2 Billion
2018 $2.31 Billion

Biography/Timeline

1969

Born to a Sephardic Jewish family in Istanbul, Andic's family emigrated from Turkey to Barcelona, Spain in 1969 where he and his brother Nahman began selling hand-embroidered T-shirts and clogs. They opened shops in Barcelona and Madrid, first selling their own brand (Isak jeans) and then stocking other brands. In 1984, he joined with fellow Entrepreneur Enric Cusí and his brother and re-denominated all their stores under the name Mango. Andic chose the name "Mango" after tasting the fruit on a trip to the Philippines and for the fact that the word is pronounced the same in every language.

1981

Andic is divorced from Neus Raig Tarragó with whom he has three children: Jonathan Andic (es) (born 1981) who was named his successor in 2012; Judith Andic (born 1984), who also works for Mango; and Sarah Andic (born 1997). Andic lives in Barcelona.

2006

In 2006, Andic was appointed the Director of Banco Sabadell and in 2012, he became its single largest shareholder with a 7% ownership interest. According to Forbes, Andic has a net worth of $4.8 billion, as of January 2015. Mango has 2,400 stores in 107 countries.

Some Isak Andic images

Tags 1953 births Living people Spanish businesspeople Spanish billionaires Spanish Jews Turkish Jews Turkish expatriates in Spain People from Barcelona 20th-century Spanish businesspeople 21st-century Spanish businesspeople European business biography stubs Spanish people stubs

You may also like

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.