Chris Burch is a renowned real estate, fashion, and technology investor. He is associated with some of the most reputed brands in the world including Tory Burch and C. Wonder. After investing in all these industries, the entrepreneur decided to diversify into the hospitality sector.
In collaboration with James McBride, Burch bought a beach hostel located on the Sumba Island of Indonesia in 2012. After a two-year renovation exercise that cost $30 million, the duo reopened the hotel in 2015. The hotel was named as Nihiwatu and was opened as a five-star resort. Just a year after its opening, Nihiwatu was honored as the best hotel in the world by Travel and Leisure in 2016.
In a statement during an interview with Business Jet Traveler in 2015, Chris revealed that he built the hotel for his children. Burch also stated that he hopes to preserve the facility and give back to the community. According to Burch, having a tranquil environment such as that of Nihiwatu can make do things that cannot be done in other places. Nihiwatu presents a beautiful environment that is unique, and it is equipped with a spa under a waterfall. Contrary to many occasions where things turn into lesser than expected, Nihiwatu became something more than Burch expected. More insight from Burch on interview.net.
A New Home
Wall Street Journal revealed that Burch splits his time between Nihiwatu and the Hamptons, his Miami home. In one of the Nihiwatu’s 27 private villas, you find Raja Mendaka, Chris Burch’s home. Raja Mendaka has a main house and four additional villas. The four villas are equipped with a private plunge pool. Related article on businessinsider.com.
Chris Burch is the founder and CEO of Burch Creative Capital. Check burchcreativecapital.com. The serial entrepreneur has invested in several business ventures including luxury fashion, technology, and real estate. Over his career, he has always devoted his name to the power of branding. Currently, Chris Burch applies his extensive marketing knowledge in marketing and sales to various business ventures such as hospitality, technology, apparel, financial services and consumer products. Additional article to read on fashionista.com
Chris Burch graduated from the University of Ithaca. His entrepreneurial career began when he was an undergraduate student. Burch and his brother borrowed $2,000 to start Eagle’s Eye apparel. The business had grown to $165 million before he sold it Swire Group. Today, Burch boasts of over 40 years of successful entrepreneurial career. Burch has invested in a number of domestic and international properties including the development of luxury properties in Palm Beach, Southampton, Argentina, Nantucket, and Florida.
For updates on Burch timeline activities visit https://www.crunchbase.com/organization/burch-creative-capital#/entity