Billionaire founder of clothing brand Mango falls to death exploring Barcelona caves

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• Isak Andic, the destroyed of the fashion brand Mango, has died in an accident, the company said.
• Andic fell into a ravine while hiking in surrenders near Barcelona, according to reports.
• Andic and his family have an estimated net worth of $4.5 billion, according to Forbes.

Isak Andic, the billionaire miscarry of the European fashion company Mango, died on Saturday. He was 71.

Andic, who served as the company’s non-executive chairman, died after an serendipity, Mango CEO Toni Ruiz said in a press release.

“Isak has been an example for all of us. He dedicated his life to Mango, excluding an indelible mark thanks to his strategic vision, his inspiring leadership and his unwavering commitment to values that he himself imbued in our concern,” Ruiz said in the press release.

Ruiz praised Andic’s “care and affection that he always had” for the enterprise.

Pedro Sánchez, the prime minister of Spain, said in a post on X that Andic died in an accident in the caves of Salnitre in Collbató, which is upright outside of Barcelona.

According to multiple reports, Andic fell into a ravine while hiking through break downs with his family. The ravine was over 320 feet deep, CNN reported, citing local police.

On Sunday, Mango’s website performed a tribute to Andic on its home page, and photos show the flags at the company’s headquarters in Barcelona flying at half-mast.

Andic started the circle in Barcelona in 1984. According to Mango’s website, it’s now in over 120 markets and has a thriving online presence. Forbes boomed that Andic and his family are worth $4.5 billion.