Isak Andic: Net Worth, House, Private Jet and yacht Nirvana Formentera
Author: Peter Yachtfan
Nirvana Formentera Yacht
Andic Boat :
53 m (175 ft)
10 in 5 cabins
9 in 4 cabins
Dubois Naval Architects
SY Nirvana Price:
US$ 30 million
SY Nirvana For Sale:
Contact a Sales Broker
SY Nirvana Charter:
Contact a Charter Broker
Isak Andic Ermay
Isak Andic Net Worth:
US$ 1.6 billion
October 20, 1953
Neus Raig Tarragó (ex-
Jonathan Andic, Sarah Andic, Judith Andic
Bombardier Global Express (EC-
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Andic Ermay has either sold his yacht or is building a new one. As his yacht had her name changed into Nirvana Formentera. Do you know more about this project? Please do send us a message.
He is a Spanish billionaire and the founder of the Mango clothing retail chain. He was born in 1953. He was married to Neus Raig Tarragó. They have 3 children (Jonathan, Sarah and Judith).
Andic was born in Istanbul (Turkey) and moved to Spain at the age of 16. He started selling T-
Mango now has more than 2,200 stores in 109 countries. The company has around 9,000 employees. Of which 1,900 in its design center named El H angar.
In 2015 the Mango group realized sales of US$ 2.5 billion. The Mango group’s parent company is named Punto Fa and is based in Barcelona.
Punta Na is the real estate arm of Andic’s group. Punta Na holds more than US$ 500 million in real estate assets.
Andic is divorced from Neus Raig Tarragó. They have three children, two of which are active in the company. Jonathan Andic is Executive Vice President en CEO of the company. While his daughter Judith is active in the design department.
Andic is also shareholder at the Spanish bank Banco Sabadell. And he was Vice Chairman for a few years. Banco Sabadell is the fifth-
He owns a Bombardier Global Express BD 700 private jet. The jet has registration EC-
During the construction of the yacht Nirvana, the jet was often at Groningen Airport, which is located near the Vitters Shipyard. The BD700 has a list price of US$ 50 billion.
The aircraft can accommodate 14 passengers.
His net worth is estimated at US$ 1.6 billion. He is the 4th richest man in Spain.
He lives in a large house in Barcelona. The house has recently been renovated and has a large underground construction and a swimming pool.
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Nirvana is a 53 meter ketch built by Vitters and delivered in 2007.
The yacht is designed by Dubois Naval Architects, as a fast cruising ketch. She is built out of aluminum and is powered by two Caterpillar engines. Her top speed is 12 knots. Her cruise speed is 10 knots.
Her interior is designed by Josep Juanpere Miret of GCA Arquitectes. Nirvana can accommodate 10 guests and has a crew of 9.
The yacht has a innovative pivoting centerboard, which reduces the yachts’ draft from 10 meters to 3 meters. This allows her to operate in shallow waters and to anchor close to the beach.
In 2008 SY Nirvana won the Monaco Yacht Show Prix du Design, which is an award for the most beautiful design.
In that same year the yacht also won the International Superyacht Society Design Award in the category “Best sailing yacht above 40m“.
Recently the name of Nirvana was changed to Nirvana Formentera. This indicates that Andic sold Nirvana (although we were not aware of her being for sale). Or he is building a new yacht. And has reserved the name Nivana for his new project.
Some sources mention a project named Nirvana II. Do you know more about Nirvana or a new project for Andic? Please do send us a message.
UPDATE: We were told he had plans to replace the yacht. But he abandoned the new build plans and refitted Nirvana instead.
The boat is not available for yacht charter. And the yacht is not listed for sale.
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