Son of Billionaire Mango Founder Arrested After Father Died In Hiking Fall
Forbes • • world
Key Points:
- At the time of his death in 2024, Isak Andic and his family were estimated to have a net worth of $4 billion, largely from the fashion retailer Mango, which he founded in 1984.
- Jonathan Andic, Isak's son, was considered the presumptive heir to the family fortune and remains co-owner of the holding company that controls the majority of Mango, alongside his two sisters.
- Jonathan briefly led Mango as CEO from 2014 to 2018 before being replaced by Toni Ruiz, who also took over as chairman of Mango’s board after Isak’s death.
- Reports suggest that Jonathan’s replacement as CEO may have caused tension between him and his father, though Jonathan continues to serve as vice-chairman of Mango’s board.