Billionaire fashion entrepreneur Isak Andic, the founder of Mango, died after a fall of approximately 320 feet during a hike in December 2024 near Barcelona. What began as a tragic accident has now pivoted into a potential homicide investigation. His son, Jonathan Andic, who was hiking with him at the time, is being investigated by Spanish authorities for possible involvement in his father’s death.
What Happened
- On December 14, 2024, Isak Andic (age 71) fell from a cliff in the Montserrat mountain range near Barcelona while on a hike with his family.
- The trail they were on, Les Feixades near Collbató, is described as a moderate route popular among visitors. Spanish police say this fact has raised questions given the severity of the fall and the circumstances.
- Ten months after the incident, in September/October 2025, investigators changed Jonathan Andic’s status from witness to suspect amid what they describe as “inconsistencies in his statements” and forensic questions.
- The family has issued a statement expressing confidence in Jonathan’s innocence and says they are cooperating fully with authorities.
Why the Investigation Shifted
- The investigation initially concluded the death was an accident. However, Spanish media cite several red flags: the trail’s relatively safe nature, contradictions in the son’s account, deleted phone data or missing photos, and a later modification of the investigation to consider homicide.
- No direct evidence has been made public so far linking Jonathan Andic to foul play; authorities stress that the “accident” hypothesis remains predominant.
Ramifications for Mango & the Andic Family
- Isak Andic had built Mango into a global retail brand with thousands of stores and an estimated net worth of around $4.5 billion at his death.
- Jonathan Andic was appointed vice‑chairman of Mango’s board following his father’s passing. The controversy raises potential implications for corporate leadership, inheritance, and family governance.
- The investigation’s public turn may impact Mango’s reputation, investor confidence, and internal governance structure — especially given leadership transitions occurred shortly after the founder’s death.
What to Watch Next
- Whether Spanish prosecutors will formally file homicide charges or return to ruling the death as accidental.
- Whether more evidence emerges (phone data, trail CCTV, witness accounts) that substantiates or dismisses suspicion.
- How the Andic family, Mango leadership, and Jonathan respond publicly and legally.
- Whether this event triggers broader scrutiny of family‑led business empires and succession dynamics in billion‑dollar companies.



















0 Comments