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Isak Andic

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Residence
  
Nationality
  
Spanish


Ethnicity
  
Jewish

Name
  
Isak Andic

Born
  
1955 (age 59–60)
Istanbul, Turkey

Occupation
  
Founder and largest shareholder, Mango

Net worth
  
$4.8 billion (January 2015)

Spouse(s)
  
Neus Raig Tarrago (divorced)

Dinar d emprenedors de mar amb el fundador de mango sr isak andic primera part


Isak Andic (born 1953) is a Spanish businessman, the founder and largest shareholder in the clothing retail chain Mango.

Contents

Isak andic medalles i plaques president maci 2010


Early life

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.

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.

Personal life

Andic is divorced from Neus Raig Tarragó with whom he has three children: Jonathan Andic (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.

References

Isak Andic Wikipedia


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