Isak Andic Ermay | |
|---|---|
 Isak Andic (left), Helena Rakosnik and Artur Mas (2010) | |
| Born | 1953or1954(age 70–71) [1] Istanbul, Turkey |
| Nationality | Spanish |
| Occupation(s) | Founder and largest shareholder, Mango [1] |
| Spouse | Neus Raig Tarragó (divorced) |
| Children | 3 |
Isak Andic Ermay (born 1953) is a Spanish billionaire businessman, the founder and largest shareholder in the clothing retail chain Mango.
Born to a Sephardic Jewish family in Istanbul, Turkey, [2] [3] [4] Andic's family emigrated from Turkey to Barcelona, Spain in 1969 [2] where he and his brother Nahman began selling hand-embroidered T-shirts [3] and clogs. [2] They opened shops in Barcelona and Madrid, first selling their own brand (Isak jeans) and then stocking other brands. [3] In 1984, he joined with fellow entrepreneur Enric Cusí and his brother and re-denominated all their stores under the name Mango. [2] [3] Andic chose the name "Mango" after tasting the fruit on a trip to the Philippines. [2]
In 2006, Andic was appointed the director of Banco Sabadell [2] and in 2012, he became its single largest shareholder with a 7% ownership interest. [5]
According to Forbes, Andic's net worth as of November 2023 was € 2.7 billion, making him the richest person in Catalonia. [6] In 2010, he was the 32nd richest Jew in the world, immediately behind David Geffen. [7]
Andic is divorced from Neus Raig Tarragó with whom he has three children: [2] [8] Jonathan Andic (born 1981) who was named his successor in 2012; [2] [3] [8] Judith Andic (born 1984), who also works for Mango; and Sarah Andic (born 1997). [2] [8] Also, he had a relationship with the Catalan stylist Zenaida Bufill Comadrán. [9] Andic lives in Barcelona. [1]
Isak Andic is a member of IESE's International Advisory Board (IAB). [10]
The co-founder and chairman of the Mango chain, Isak Andic, was awarded the Kingdom of Spain Award for Business Excellence for his contribution to Spain's economic and social development. [11]
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