Nihiwatu Resort was formerly a hostel located on Sumba Island, a remote place in the Indonesian island chain, but it’s now become the hot new destination listed in Travel & Leisure magazine. Chris Burch decided to become the majority owner of this resort in 2013 and added the property to the portfolio of his Burch Creative Capital firm, and he’s had the property developed into a world class hotel (businessinsider.com). From the moment you enter this remote location and set foot in your hotel room, you’re bound to fall in love with the immensely beautiful scenery there and enjoy the comforts of their first-class amenities. The property has several hideaways where you can go to get a massage such as in poolside locations and behind waterfalls. Burch decided to have a part-time home constructed here and explained once how he hopes to pass it on to future generations.
Chris Burch founded Burch Creative Capital in 2008, but he began starting businesses back in 1976 during his college days. He invested about $2,000 in purchasing sweaters that he would sell door-to-door around campus, and before long the business became quite successful. Burch named the company Eagle Eye Apparel and expanded it to over 50 retail stores and hundreds of millions of dollars in sales, and it was later merged into the Swire Group’s brand. Check bjtonline.com for a related article. Burch took on his next investments during the mid-1990s becoming a board member of the Internet Capital Group and Guggenheim Partners, and in 2004 he co-founded his next fashion company with his then wife Tory Burch. He also helped start the ED brand in 2014 that markets lifestyle products from talk show host Ellen DeGeneres.
Learn more about the diversity of his investment, visit http://www.burchcreativecapital.com/portfolio/
Chris Burch has purchased hotel properties and private residential homes over the years including the 2004 partnership he formed with Argentinian mogul Alan Faena and the construction of the Faena Hotel + Universe. He also was president of the co-op board at the Pierre Hotel, and he accumulated several properties across New York including a $14 million home in Southampton that he made an $11 million profit on reselling in 2005, check this. He also started a building supplies company known as J.B. Christopher which served thousands of contractors. Burch invested $30 million in Nihiwatu Resort to build it into the property it is, and other companies he’s been the main investor for include Nu Label Technologies, Nanoleaf, Soludos, Snowe Home, Powermat and Pypestream.
Keep up with him, visit LinkedIn.
With a background in entrepreneurship and investing that has spanned nearly 40 years, Chris Burch is the founder and Chief Executive Officer of Burch Creative Capital, which is based in New York City. He has an eye for disruptive businesses and brands, and utilizes a combination of sound creative ability and sound financial insight to support, scale, and incubate these organizations. Throughout his career, Mr. Burch has played an integral role in the development of over 50 companies that have thrived throughout their lifespan. Because giving year-round is such an important part of his life, Chris Burch recently broke down a list of several gift ideas that he is planning to give to his loved ones, in an effort to inspire readers of his blog. He listed a Snowe Home Candle Set, candies from Pretzables or Fat Sundays, a Barbour Gisburne jacket, a Trademark Cooper Cage Tote, a U.S. Jaclean Zero-Gravity Massage Chair, as well as a charitable gift for an unnamed recipient (releasefact.com).
Burch Creative Capital was created based on Chris Burch’s desire to invest in passion and creativity to create value. Mr. Burch described his desire to form the company, as a response to his need to help other entrepreneurs bring their ideas to fruition by using his personal resources and knowledge. He recently stated that “We match ideas with funding to bring extraordinary possibilities to the world.” Burch Creative Capital is currently helping to bring a wide range of companies that specialize in retail, apparel, home furnishings, and organic foods, to the forefront.
Throughout his career, Mr. Burch has played an instrumental role in the rise and development of several notable companies, including Tory Burch, Poppin, Voss Water, Jawbone, Powermat, and Next Jump. Burch Creative Capital recently expanded their portfolio, taking on companies such as Cocoon9, ED by Ellen DeGeneres, TRADEMARK, and Nihi Sumba Island (http://www.businessinsider.com/chris-burch-nihi-best-hotel-in-the-world-2017-7). In 2012, Chris Burch acquired Nihi Sumba Island in a joint collaboration with Alan Faena and Philippe Stark, as it was a view to be profitable, but underutilized land. Chris Burch’s budding partnership with Ellen DeGeneres and Cocoon9 began consecutively in 2014. More to read on architecturaldigest.com
Chris Burch is the Founder and Chief Executive Officer of Burch Creative Capital Company that is based in New York City. Chris Burch is a co-founder of Tory Burch LLC. The company manages investments together with brand development. Christopher Burch prominently known as Chris was born in March 1953. He was raised in Wayne in Pennsylvania by his mother Robin Sinkler and his father John Walter Burch. Chris Burch came from a middle-class family where his father dealt with mining equipment, which he used to distribute in the city of Baltimore.
According to bjtonline.com, Christopher Burch joined Ithaca College in 1973 as an undergraduate student where they united with his brother Robert and started Eagles Eye. The business started with a capital of 2000 dollars as an investment where they used to buy sweaters at 10 dollars and later selling them at 15 dollars. Burch later decided to start a factory by the name preppy, which they had to sell sweaters door to door in their university. The company later grew and spread to other campuses across the region. Their capital increased to 140 million dollars as far as their sales were concerned. To know his latest innovative contribution to the market, check this.
In 1989, Chris Burch decided to sell the company to Swire Group at a profit of 60 million Dollars. In 2004, he helped his wife to start Tory Burch fashion label where he was assigned to be the co-chairman of the firm. Additional article on architecturaldigest.com.
Christopher Burch purchased the Nihiwatu resort in 2013. The resort is located on the island of Sumba, which is not very far from Bali. The resort goes beyond tourism since it is about community investment and how it can benefit the owners. Christopher Burch is interested in helping the community and seeing it go beyond limits and live a lively life. The resort bought by him is managed by the community around Bali and all the profits distributed among them. Read more about the resort on businessinsider.com.
When he purchased the Nihiwatu resort in 2013, he met a low-class community that was struggling with life. However, after he established the resort and employed a few members of the community after training them for free, everything changed. For his views on matters around his area of focus, click entrepreneur.com.
To learn more about his diversified investment portfolio, visit http://www.burchcreativecapital.com/portfolio/