Taking a quick look at Chris Burch’s entrepreneurial journey
Chris Burch took his business venturing eye into the hospitality industry, which is a new venture. In 2012, Chris partnered with James McBride, who is an hotelier, to buy a beach hostel located on the Indonesian Island of Sumba. In 2015, the two renovated the hostel at a total cost of $30 million and later reopened it as a five-star hotel resort. The hotel resort was known as Nihiwatu. Travel and Leisure voted the hotel in 2016 as the global best hotel. Hop over to forbes.com for a related article.
Chris Burch, in an interview with Business Jet Traveler in the year 2015, said that he had purchased the hotel for his kids and had it as a token he hoped they would keep well and donate back to the community in future. Burch also says that if you are at a place where the palette is lovely, you ought to perform things you cannot do in other places. For instance, you can construct a spa under a waterfall and even have a butler in every room in the house. Chris also attests that Nihiwatu has also grown beyond his expectations. Chris attests that on most occasion’s things you take in a bid way turn into less things. According to a journal by Wall Street, Chris splits his time between his resort in Indonesia, Miami, and the Hamptons. Nihiwatu is composed of 27 private villas which among them is Raja Mendaka. Raja Mendaka is Chris’s private home. Raja Mendaka contains a main house and four supplementary villas with each of the villas having its personal private plunge pool. For more insights from Burch, click on interview.net.
Chris Burch took off his entrepreneurial success journey in the year 1976 when he was still an undergraduate student at Ithaca College. He invested $2000 in finding Eagle’s Eye apparel with his brother Bob. Eagles Eye apparel was later disposed to Swire Group after growing to $165. Chris Burch is the Chief Executive Officer and founder of Burch Creative Capital. Chris is a former Pierre Hotel Co-op Board president and was a board member at the Rothman Institute Orthopedic Foundation. Chris has made contributions towards Mt. Sinai Hospital which is located in New, York.
Burch has been an entrepreneur and investor for over four decades of his career. During this time, Burch has participated in the emergence of over 50 companies. Chris has built a strong track record of interlinking innovation to impact with his international direct sourcing exposure and deep understanding of clients’ behaviors. For an update on Burch timeline activities, click on crunchbase.com
To read more about Burch, visit his website at http://christopherburch.com/