Chris Burch is a smart investor, innovative entrepreneur, and fashion mogul. He is the current CEO of Burch Creative Capital, a creative firm he established in 2007 with the aim of inventing, nurturing and supporting disruptive brands and businesses. Burch has close to 40 years’ experience in entrepreneurship and investment, having ventured into numerous niches such as fashion, technology, real estate, and hospitality industries. Chris holds a Bachelor of Arts degree from Ithaca College.
Investment in Hospitality Industry
In 2012, Chris teamed up with hotelier James McBride to buy and renovate a beach hostel in Sumba, a remote island in Indonesia. In 2015, they reopened it as a five-star resort named Nihiwatu, which has 27 private villas, one of which is Chris’s private home dubbed Raja Mendaka. This is one of Burch’s most noteworthy and profitable investments. In 2016, Travel + Leisure named Nihiwatu resort as the best hotel in the world. It is a magnificent resort that attracts many local and international tourists. Burch and his business partner McBride plan to expand their investment in the hospitality field by building resorts in Nicaragua and Costa Rica. The duo is looking to design and put up resorts that are more accessible to the millennial tourists.
Chris Burch is a prominent fashion mogul. He is renowned for integrating technology and fashion to gain a competitive edge in the business. Burch’s entrepreneurial journey began in 1976 when together with his brother Bob, they established a clothing company named Eagle’s Eye apparel that cost $2,000. They later sold it at $60 million in 1998 to Swire Group. Chris is a majority shareholder in Tory Burch LLC, a fashion and design company he co-founded in 2004 with his former wife, Tory Burch. He is also an investor in his two daughters’ fashion label dubbed Trademark. In 2014, Chris partnered with Ellen DeGeneres to create and launch a lifestyle and clothing brand named E.D. Refer to bjtonline.com for more of this.
Other Notable Ventures
As a shrewd investor, Burch has diversified into other business areas including supplies, fitness and real estate. In 2011, he founded Poppin, a firm that manufactures and distributes office supplies. He has also invested in numerous local and international real estate ventures which include the development of luxury homes in high-end beach areas such Florida, Palm Beach, Southampton and Nantucket. In the telecommunication industry, Chris has invested in Pewermat and Aliph, which produces and sells Bluetooth headsets , speakers and fitness accessories. For his latest cool offering to the market, check inc.com.
Chris Burch is a renowned philanthropist. He has severally contributed towards medical research at Mt. Sinai Hospital. As a way of giving back to his former school, he donated $1.3 million to Tilton prep school in New Hampshire in 2013. Burch served on the board of the Rothman Institute Orthopedic Foundation and has been actively involved in charitable causes in organizations like The Sumba Foundation and The Child Welfare League of China among others. Read this must-read article here.
Chris Burch’s success can be attributed to his vastly diversified investment portfolio, having partaken in the success of more than 50 companies, while building his personal fortune that is estimated to be about $1 billion. In 2013, he was on Forbes Magazine’s billionaire’s list. Head over to forbes.com and check this.
To update with his recent timeline activities visit https://www.crunchbase.com/organization/burch-creative-capital#/entity