Chris Burch is a serial entrepreneur who can spot an opportunity where no one can and is not afraid of venturing into new businesses. Burch is popularly known for establishing several internationally known brands such as the Tory Burch and C. Wonder. Burch has also invested in a wide range of industries which include financial companies, technology, consumer products and recently the hospitality industry. Hop over to forbes.com for related article.
In 2012 Burch together with his partner an hotelier McBride, purchased and built a five-star resort on a remote island in Indonesia. Within a very short period, the resort has turned out to be one of the best hotels in the world-beating giants in the industry that have been in existence for decades. In 2016 the resort was named as the best hotel worldwide by Travel + Leisure. For further reading about the award-winning resort hotel, check businessinsider.com.
The Hotel was previously a beach hostel on the Indonesian Island of Sumba and was owned by a New Jersey couple. After buying the hotel, Burch and McBride invested close to 30 million dollars a larger part of the funds going to the renovation of the beach hostel into a five-star restaurant. The resort is known as Nihiwatu which means mortar stone. The beach was named after a rock formation on the tide.
According to Burch, Nihiwatu exceeded his expectation which is quite rare phenomena when it comes to business as most of the time things turn into less. Nihiwatu is no ordinary place and has beautiful palettes, spas under waterfalls, butlers in almost every room and 27 private villas.
Burch according to a media outlet Wall Street Journal spends his time juggling between Miami, the Hamptons, and Nihiwatu. Related article here. The hotel hosts Burch private home the Raja Mendaka which has a main house and four villas with private plunge pools.
Besides owning Nihiwatu beach resort Chris Burch is also the founder and CEO of Burch Creative Capital. Burch Creative boasts of a portfolio of world top brands such as the ED by Ellen DeGeneres, Cocoon9, and Poppin among others. Capital Creative is currently developing an array of lifestyle and consumer products. Additional reading here.
Burch has a diverse business background and has interests in fashion, technology, and real estate businesses. Burch began his career at a very tender age while he was still a student at Ithaca College. Together with his brother Bob, they co-founded Eagles Eye apparel which they grew and was worth over 160 million dollars at the time they were selling it. For an in-depth look at his various business ventures, head over to burchcreativecapital.com.
For an overview of his diverse investment, visit https://www.crunchbase.com/organization/burch-creative-capital#/entity