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Who is Isak Andic, the richest man in Barcelona?

Who is Isak Andic, the richest man in Barcelona?

In Barcelona live great fortunes, some of the most important in the country.Many want to spend discreet, but the numbers of their accounts do not deceive.Who is the richest man in Barcelona?The answer has a Turkish accent: Isak Andic, the co -founder and main mango shareholder.

Andic directs the Spanish fashion and accessories group that is present in more than 100 countries around the world.The businessman, born in Turkey in 1953,.The manager attended his studies at the American High School and at the end of the 70s he married Neus Raig Tarragó, with whom he has three children.After two decades of marriage, the couple divorced.

Richest man in Barcelona

Those who know him most assure that Andic is a man who feels a great passion for his work and that in the office it goes unnoticed, despite being one of the most coveted men in the world.In a large room with dozens of chairs, the Barcelona businessman has one more table, as if it were the fellow, to be next to the employees.He has no office or great luxuries in the office.In the ship located in Palau-Solità i Foldamans he lives with the other workers, although he occupies the president's chair.

Currently, the two oldest children of Andic work in the company;Jonathan Andic (1981) is the executive vice president and CEO of the fashion firm since 2014 and his daughter Judith Andic (1984) collaborates in the brand design area.The manager's niece, Violeta Andic, was a director of Violeta, a mango subfirma specialized in large -sized clothing.The executive left the business in mid -2019 for personal reasons and was relieved by Laura Sant Martín, who began working in the company in 2003.

Isak Andic in a recent file / EFE photograph

Firm shops

Andic, considered the richest man in Catalonia, is the co -founder and main shareholder of the Spanish Mango Fashion Group.The firm landed in Barcelona in 1984 with the opening of a trade at number 65 of Paseo de Gràcia.After the good reception, in just over a year the company rose the blind of five more premises in Barcelona.In 1985 he left the Catalan capital to open an establishment in Valencia.In 1992 they had a hundred stores and today is present in 112 countries with more than 2.200 points of sale.

Since its inception the brand has been characterized by dressing the urban and modern women and follows the most current trends with its own designs, at a good price and quality.Mango designs, manufactures and markets garments and accessories for the Woman, Man and Kid lines.Recently the Barcelona multinational integrated Violeta by Mango - the group's large carving - to the General Women's Collection.

¿Quién es Isak Andic, el hombre más rico de Barcelona?

The company decided to extend the carving of the rest of the collection, adding measures 32 (XXS) and 46 (XXL) to almost all designs in the women's collection.However, the group seeks to bet on the inclusion and diversity of all kinds of bodies and enhance the business of large sizes, reduce costs and lower the prices of these garments.This union will also end with years of criticism for separating women from sizes equal to a normative body of those who do not have it.

The renewed mango store, located on the Gràcia Paseo de Barcelona / Mango

Why mango

The name of the firm was chosen after the Mercantile Registry rejected the initial name: Bubbles and Scooter.On a trip to the Philippines, the billionaire tried the exotic mango fruit and liked it so much that he decided to baptize his business with that name.In addition, Andic found that the word had the same spelling in all languages and this was the trigger to select the head of its business."I chose this name because I love the fruit, it is the only thing that breakfast and this, in addition, sounded the same in almost all languages," said the richest man in Barcelona years ago in an interview in Barcelona.

HERITAGE

Andic is fond of traveling, to the sea and skiing.The entrepreneur has the largest private ship enrolled in Spain, the Nirvana Formentera, which adds 53 meters of length, 11 manga and is valued at about 30 million euros.The executive bought the boat in 2008 and since then the sailboat has received great guests such as Esteve Rabat, founder of the luxury jewelry stores or Jaime de Marichalar.

The boat has capacity for a dozen guests, brings together two dining rooms, a large kitchen and cabins for the entire crew.The Nirvana Formentera was designed by the Catalan architect José Juanpere Millet and is usually seen by the Greek islands very frequently, especially in summer.The sailboat has turned the world twice and won the Mónaco Salon Design Award in the year of its creation.

The Nirvana Formentera sailboat, by Isak Andic, considered the largest private ship in Spain / Marine Traffic

Mansions, private planes and art

First swords of the Spanish Jet Set such as Isabel Preysler, Carla Royo Villanova or Simoneta Gómez Acebo have been invited to the private plane of the Executive, which cost her 32 million euros and used for professional issues.

At the Baqueira-Beret ski resort the billionaire has a large mansion and as an art lover, it has a collection of contemporary art, part of which is exhibited in the Mango central offices.Beyond the Palacete in the Arán Valley, it owns a large farm in Formentera, whose construction generated controversy on the Balearic Island because it is located in an area of special natural interest.

His habitual residence is located in Esplugues de Llobregat and is always far from the media spotlights.In fact, until 2007 the businessman did not make public appearances and it was difficult to get his photographs.The housing of the largest mango shareholder has 1.600 square meters built on an area of 4.500 square meters.The complex is distributed on three floors and adds a 220 square meters garage.The pool is the jewel of the palace for its modern straight line design.The house was subjected to a face washing in 2014 and there are usually organizing intimate dinners, parties or all kinds of celebrations.

Isak and Jonathan Andic, founder of Mango and his son, with Director General Toni Ruiz in the foreground / CG photomontage

REAL ESTATE

Andic also has investments in the real estate sector. A través de la sociedad Punta Na, el magnate posee locales comerciales y edificios completos que tiene alquilados a su propia marca y a otras compañías como Inditex y H&M.

The Executive President of the Textile multinational holds or has held various positions in multiple institutions: Vice President of Banco Sabadell (left the position in September 2013), a member of the International Advisory Council of IESE, of the International Advisory Board and the Investment Advisory Council for Turkey.Andic is Patron of the Princess of Asturias Foundation and the Princess of Girona Foundation and for two years, between 2010 and 2012 he presided over the Family Business Institute.

RESULTS

Mango closed 2020 with a turnover of 1.842 million euros, which represents 23% less because of the coronavirus pandemic.This reduction in sales has meant an interannual drop in income of 550 million euros;While Ebitda has remained at the same levels last year, with 193 million.

The company's CEO, Toni Ruiz, highlighted in mid -2021 that 42% of the billing in 2020 came through the website and facing the future they want to continue betting on online sale.Among the challenges of the retail multinational are digital transformation, sustainability, identification and development of opportunities in products and new categories, as well as the new role of the physical store.

In the long term, multinational wants to improve user experience in digital channels thanks to artificial intelligence customization.

In 2009 Isak Andic had an estimated fortune of 2.000 million euros, in 2013 he was considered the richest man in Catalonia with a heritage that amounted to 3.800 million euros and currently the tycoon has a net capital of 4.332 million euros, according to Forbes magazine