The heir to the Mango fashion empire will temporarily step down from his role as vice president, the company told employees Tuesday, after he was arrested on suspicion of playing a role in the death of his billionaire father and company founder, Isak Andic.
Isak Andic's eldest son, Jonathan Andic, arrives at his funeral on Dec. 16, 2024 in Barcelona.
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Jonathan Andic, Isak’s oldest son, told employees he needs to focus his attention on defending himself in an ongoing homicide case against him and, therefore, “cannot maintain the high levels of dedication required by my role in the company.”
Andic was arrested last week in the death of his father, who died after falling on a hike in 2024, but was not formally charged with a crime and later released on €1 million ($1.16 million) bail.
Andic’s legal team and family have said he is innocent, and Mango CEO Toni Ruiz told employees Tuesday he stands by the founder’s son.
Isak Andic fell to his death in December 2024 while hiking in Catalonia with his son. The death was initially ruled an accident, but a subsequent investigation reportedly led law enforcement officials to consider Jonathan as a potential suspect. Reports from the court in Spain revealed Jonathan Andic gave conflicting testimonies about what happened the day his father died, including inconsistencies about if he did or did not see the fall. Andic also reportedly told investigators he’d only hiked the Montserrat mountain route one time before, but GPS data placed him on the same mountain three times in the week leading up to Isak Andic’s death. Investigators also said forensic analysis determined a “scuff mark” on the ground near the site of the fall was made "deliberately, by exerting pressure against the ground.” Court documents also included copies of WhatsApp messages suggesting the father and son had a strained relationship due to Jonathan Andic’s “obsession with money, and that he had recently become aware of a plan by his father to change his will.
Isak Andic’s net worth was last estimated at $4 billion, made primarily after he founded Mango in 1984. Jonathan Andic is co-owner of the holding company with a majority stake in Mango, along with his two sisters.
ForbesMango Billionaire’s Son Arrested After Father’s Death While HikingBy Zachary Folk
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