Category: investment Expert
Fashion tycoon Christopher Burch is the founder and Chief Executive Officer of Burch Creative Capital. In his 40 years entrepreneurial career, Chris has invested in various businesses along hospitality, technology, financial services, consumer products, fashion industry. He has contributed to the rise of over 50 companies. In 2012, he partnered with hotelier James McBride to launch Nihiwatu hotel. They purchased a beach hostel in Sumba, Indonesia which was owned by a New Jersey couple and renovated it at the cost of $30 million. They reopened this hotel in 2015, and within one year it was voted as the best hotel in the world by Travel & Leisure. Nihiwatu is also known as The Edge of Wilderness. Click forbes.com for additional reading.
Nihiwatu comprises of 27 private villas which all have plunge pools. Its plunge pools offer a breathtaking view of the Indian ocean and over the beach of Nihi. One of the villas is the Raja Mendaka which serves as Burch’s private home. Raja Mendaka which is also available to guests has other four villas and the main house. Other features of the resort include an indoor-outdoor entertaining area, two story tree houses, a spa, a fitness training center. Today, Nihiwatu offers the most employment opportunities on the remote Indonesian island. Chris says that he founded the hotel for his children and charity, check interview.net for more of Burch insights. Part of the profits of the hotel is donated to Sumba Foundation. Also as a way to preserve the Sumbanese Culture, the resort has traditional local wood, Ikat prints, and antiques. Additionally, Chris has invested in luxury homes in Palm Beach, Nantucket, New York, Southampton and Florida.
Burch began his career in 1976 by founding Eagle’s Eye apparel. By then, he was still an undergrad at Ithaca College. Read more on bjtonline.com. Later on, Burch sold the investment to Swire Group and joined Internet Capital Group as one of its earliest investors. Christopher is also a former board member of The Continuum Group, the Rothman Institute Orthopedic Foundation, and Guggenheim. More so, he is a former president of The Pierre Hotel Co-op Board. His company, Burch Creative Capital, consists of several brand portfolios including, Voss Water, Poppin, Jawbone. Cocoon9, Ellen DeGeneres, Faena Hotel + Universe, TRADEMARK, and the latest Nihiwatu. Continue reading here. In 2011, he established C. Wonder, a retailer that deals with home decor and accessories. Ellen DeGeneres, a lifestyle brand was formed in 2014 as a partnership with Elle Degeneres. Currently, his focus is on development of several consumer and lifestyle products brands such as Blink Health, Soludos, BaubleBar, and Chubbies click on fashionista.com for related article.
Additional reading on http://www.huffingtonpost.com/news/chris-burch/