Isak Andic facts for kids
Quick facts for kids
Isak Andic Ermay
|
|
|---|---|
Isak Andic (left), Helena Rakosnik and Artur Mas (2010)
|
|
| Born | 1953/1954 (age 70–71) Istanbul, Turkey
|
| Nationality | Spanish |
| Occupation | Founder and largest shareholder, Mango |
| Spouse(s) | 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.
Contents
Biography
Born to a Sephardic Jewish family in Istanbul, Turkey, 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.
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's net worth as of November 2023 was €2.7 billion, making him the richest person in Catalonia. In 2010, he was the 32nd richest Jew in the world, immediately behind David Geffen.
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). Also, he had a relationship with the Catalan stylist Zenaida Bufill Comadrán. Andic lives in Barcelona.
Isak Andic is a member of IESE's International Advisory Board (IAB).
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.
See also
In Spanish: Isak Andic para niños
