An interesting Business Insider article from earlier this year details how the successful venture capitalist and entrepreneur Chris Burch has become involved in the hospitality industry.
According to this article, back in 2012, Mr. Burch and hotel-industry professional James McBride purchased a beach lodge on the remote island of Sumba in Indonesia. With its serene location and picturesque views, the lodge had the potential to be a vacationer’s paradise.
After investing millions of dollars in renovations on the beachfront property, the pair named the luxury resort Nihiwatu. Since opening for business in 2015, Nihiwatu has proved to be popular with vacationers, and has become Sumba’s major employer. The resort features more than 25 separate villas for guests, and two luxurious, fully furnished tree houses.
In 2016, the influential travel magazine and website Leisure and Travel named Nihiwatu the world’s best hotel.
In the Business Insider article, Chris Burch states that he purchased the beach resort for his children, and hopes to preserve the spot and give back to the local community.
A beach spa is provided at the resort, and an on-site wellness center offers daily yoga lessons. Horseback-riding on the beach and surfing lessons are also available at Nihiwatu. For people who want to learn how to be closer with and more comfortable around horses, the resort features a resident horse-whisperer. Related article on fashionista.com.
An entrepreneur since he was in his early-twenties, Chris Burch has achieved great success in both the private equity and venture capital business, as well as in the fashion industry. As an active investor for several decades, Mr. Burch maintains a diversified investment portfolio. Read about this diversified investment portfolio, check burchcreativecapital.com.
In addition to his various business duties and interests, Chris Burch has donated funding to a host of beneficiaries, including the Sumba Foundation, the Child Welfare League of China, and Mt. Sinai Hospital in New York. Learn additional info about Burch, head over to forbes.com.
For updates on Burch timeline activities, visit https://www.crunchbase.com/organization/burch-creative-capital#/entity