After founding several successful globally recognized retail brands such as Tory Burch and C. Wonder, Chris Burch is shifting his entrepreneurial focus to a new industry. In 2012, Chris Burch joined forces with his hotelier James McBride to acquire a beach hostel on the Indonesian island of Sumba. It took them $30 million to renovate the hostel and to reopen it as a five-star resort under the name, Nihiwatu. In 2016, Travel + Leisure voted Chris Burch’s Niwihatu as the best hotel in the world. Read related article on businessinsider.com.
In an interview with Business Jet Traveler, Chris Burch said that he bought the hostel for his children and as an asset, they would preserve and give back to society. According to Chris Burch, you can do things that you can’t elsewhere, especially if you are in a place with a beautiful palette. You can build a spa under a waterfall, create a butler in every room, or even go to places where others have never gone. Read more about his shared views on this article on interview.net.
Niwihatu turned into more than Chris Burch’s expectation. Chris Burch splits his time between his newly acquired Indonesian resort and the Miami, the Hampton. Nihiwatu currently has 27 private villas which include Raja Mendaka, Mr. Burch’s private home. It has a main house and four additional villas where each section has a private plunge pool. Additional article to read on forbes.com.
About Chris Burch
Christopher Burch is an accomplished entrepreneur and the founder and CEO of Burch Creative Capital. The firm’s investment strategy aligns with Chris Burch’s entrepreneurial values and vision for creativity, new market opportunities, incubation, and support and scale. As such, his brands have a direct, positive impact on consumers’ lives. With nearly 40 years of experience in entrepreneurship and investment, Chris Burch has been instrumental in the success of almost 40 companies. He combines his intuitive understanding of consumer behavior with his knowledge of navigating market trends to build a long track record of connecting innovation to impact. His company’s brand portfolio includes Nihiwatu, TRADEMARK, Poppin, Cocoon9, and ED by Ellen DeGeneres. Have a glimpse of his entrepreneurial values and vision for creativity, check on this.
Burch Creative Capital is currently supporting the development of several consumer and lifestyle products ranging from organic foods, home furnishings, apparel, and hospitality industries. Chris Burch, the former president of The Pierre Hotel Co-op Board, also served on the board of Rothman Institute Orthopedic Foundation. As a philanthropist, he contributed towards philanthropic and research initiatives at the Sumba Foundation, The Henry Street Settlement, and Mt. Sinai Hospital in New York. For updates on his recent timeline activities, hop over to crunchbase.com.
Additional article to read on http://www.architecturaldigest.com/story/christopher-maya-j-christopher-burch-hamptons-house-article