Isak Andic

Last updated
Isak Andic Ermay
Isak Andic i Ermay.jpg
Isak Andic (left), Helena Rakosnik and Artur Mas (2010)
Born1953or1954(age 70–71) [1]
Istanbul, Turkey
NationalitySpanish
Occupation(s)Founder and largest shareholder, Mango [1]
SpouseNeus Raig Tarragó (divorced)
Children3

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

Contents

Biography

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]

Personal life

Andic is divorced from Neus Raig Tarragó with whom he has three children: [2] [8] Jonathan Andic  [ es ] (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]

Awards

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]

Related Research Articles

<span class="mw-page-title-main">Sabadell</span> Municipality in Catalonia, Spain

Sabadell is a city and municipality in Catalonia, Spain. It is in the south of the comarca of Vallès Occidental, where it is one of the two capitals, the other being Terrassa. It is located on the River Ripoll, 20 km (12 mi) north of Barcelona, 190 m (620 ft) above sea level.

<span class="mw-page-title-main">Banco Sabadell</span> Spanish banking group

Banco de Sabadell, S.A. is a Spanish multinational financial services company headquartered in Alicante and Barcelona, Spain. It is the 4th-largest Spanish banking group. It includes several banks, brands, subsidiaries and associated banks. It is a universal bank and specialises in serving small and medium enterprises (SMEs) and the affluent with a bias towards international trade.

<span class="mw-page-title-main">IESE Business School</span> Graduate business school in Spain

IESE Business School is the graduate business school of the University of Navarra. It was established in Barcelona in 1958 by Opus Dei, a Roman Catholic organisation. From 1963, in collaboration with Harvard Business School, it offers a two-year Master of Business Administration degree, an executive MBA, and executive education courses. It has other campuses in Madrid, Munich, New York City and São Paulo.

<span class="mw-page-title-main">Manuel Lanzarote</span> Spanish footballer

Manuel 'Manu' Lanzarote Bruno is a Spanish former professional footballer who played as a left winger or an attacking midfielder.

<span class="mw-page-title-main">Gregorio Pérez Companc</span> Argentine businessman (1934–2024)

Gregorio Pérez Companc also known as Don Gregorio or Goyo, was an Argentine businessman who was one of the country's wealthiest individuals, with an estimated net worth of US$2.5 billion as of August 2021.

<span class="mw-page-title-main">Amancio Ortega</span> Spanish business tycoon

Don Amancio Ortega Gaona, OMC is a Spanish billionaire businessman. He is the founder and former chairman of Inditex fashion group, best known for its chains of Zara and Bershka clothing and accessories shops. He is considered a pioneer in fast fashion. As of September 2024, Ortega had a net worth of $125 billion, making him the second-wealthiest person in Europe after Bernard Arnault and the 11th-wealthiest in the world. For a brief period of time in 2015, he was the richest man in the world, surpassing Bill Gates when his net worth peaked to $80 billion as Zara's parent company, Inditex's, stock peaked.

<span class="mw-page-title-main">Mango (retailer)</span> Spanish fashion company

Punto Fa, S.L., trading as Mango, is a Spanish fast-fashion company, founded in Barcelona by brothers Isak Andic and Nahman Andic. It designs, manufactures and markets women's and men's clothing and accessories.

ESADE Business School is a private graduate-level business school located in Barcelona, Spain. It is part of ESADE and is associated with Ramon Llull University. ESADE has been awarded the triple accreditation by EQUIS, AACSB and AMBA, and is ranked among the world's top business schools and law school programs by the Financial Times, The Economist, Forbes, QS World University Rankings and more.

Alberto Edjogo-Owono Montalbán is a former footballer who played as a forward. Born in Spain, he played for the Equatorial Guinea national team.

<span class="mw-page-title-main">Raimon Carrasco</span> Spanish businessman (1924–2022)

Raimon Carrasco Azemar was a Spanish businessman who served as president of FC Barcelona.

<span class="mw-page-title-main">Estudios, Montajes y Tendidos Eléctricos</span> Spanish industrial engineering company

EMTE SA was a Spanish industrial engineering group specialising in industrial electrical installations and control systems. The company also provided a variety of industrial installations including waste and waste water management, climate control, telecommunications, and automated painting and welding.

The 2014–15 Segunda División season is the 84th since its establishment. The campaign began on 23 August 2014 and the league phase of 42 rounds ended on 7 June 2015. The entire season ended on 21 June 2015 with the promotion play-off finals.

<span class="mw-page-title-main">Creand</span> Andorran bank

Creand is a financial group in the Principality of Andorra founded in 1950. The group has a presence in Andorra, Spain, Luxembourg, the United States (Miami) and Panama.

<span class="mw-page-title-main">Banco Bilbao Vizcaya Argentaria</span> Spanish financial services company

Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is present mainly in Spain, Portugal, Mexico, South America, Turkey, Italy and Romania.

David Almazán Abril, known as David Pirri or simply Pirri, is a Spanish retired footballer who played as a midfielder, and a manager who currently manages Bayamón FC in the Liga Puerto Rico.

Helena Revoredo Delvecchio is an Argentine-Spanish billionaire, and the chairman of Prosegur since 2004. She controls half of Prosegur's shares through her holding Gubel SL.

Carla Castañé García is a Catalan actress and model.

<span class="mw-page-title-main">Gonzalo de Oro</span>

Gonzalo de Oro-Pulido Plaza is a Spanish politician of the party Vox. He was elected to the City Council of Barcelona in 2023.

<span class="mw-page-title-main">Isidre Fainé</span>

Isidre Fainé i Casas (Manresa, 1942) is a Catalan business manager and banker. He is chairman of La Caixa.

References

  1. 1 2 3 "Forbes profile: Isak Andic". Forbes. Retrieved 7 April 2020.
  2. 1 2 3 4 5 6 7 8 9 MujerHoy: "¿Quién es Jonathan Andic, el heredero de Mango?" 08 January 2013
  3. 1 2 3 4 5 Business of Fashion: "Isak Andic, Co-Founder, Mango - The entrepreneur co-founded the Spanish fast fashion chain by selling embroidered made-in-Turkey blouses in Barcelona" Archived 2015-01-24 at the Wayback Machine retrieved February 25, 2015
  4. Jerusalem Post: "The world's 50 Richest Jews: 31-40" February 26, 2015
  5. Globedia: "Andic compra un millón de títulos del Banco Sabadell y se consolida como primer accionista" Archived 2015-02-26 at the Wayback Machine May 23, 2011
  6. "Mango owner, Grifols pharmaceuticals head, and Coca-Cola chief, top three richest Catalans". Catalan News . 2023-11-06. Retrieved 7 December 2023.
  7. "The world's 50 Richest Jews: 31-40". Jerusalem Post . 2010-09-07. Retrieved 7 December 2023.
  8. 1 2 3 El Confidencial: "Andic nombra a su hijo Jonathan como successor en Mango" by Marcos Lamelas Archived 2015-02-26 at the Wayback Machine October 20, 2012
  9. "Isak Andic se reconcilia con su ex pareja, la catalana Zenaida Bufill". ELMUNDO. June 25, 2016.
  10. Members of IESE's International Advisory Board, iese.edu
  11. "Le roi Felipe récompense le fondateur de l'entreprise Mango". Histoires Royales. Retrieved 2 April 2024.