Mango Founder Isak Andic (71), met his unfortunate end on December 14th after falling off from the cliff, according to the police.

On Saturday, the billionaire reportedly visited the Salnitre de Collbató caves with his son and other family members when he fell from a 150-meter narrow valley. A large emergency response arrived, but it was too late.

"His departure leaves a huge void but all of us are, in some way, his legacy and the testimony of his achievements," said Toni Ruiz, the current CEO of Mango fashion empire.

Isak Andic, a Turkish-Spanish businessman founded Mango in the 80s together with his brother Nahman and entrepreneur Enric Cusí. He named the company after a popular fruit he tasted from the Philippines.

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They focused on retailing women's and men's clothing and became popular among fashion lovers due to its design, fabric, plus-size availability and affordable prices. Its quality is also often compared to its competitor, Zara.

Before Isak's death, they were able to expand the business across 120 markets and opened more than 2,700 stores. Their main logistics center is based in Barcelona. Isac Andic's net worth is $4.5 billion, as per Forbes.

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