Chris Burch is a serial entrepreneur, has 13 portfolio companies under his belt, and sits on five separate corporate boards in an advisor role. CEO and founder of Burch Creative Capital, Burch is an individual, or angel, investor in a variety of different businesses and companies. Luxury fashion brand, Tory Burch, which was founded with his ex-wife of the same name, is perhaps Chris Burch’s most well known business venture at this point in his career. However, with the purchase of the remote Sumba Island and the opening of the Nihi resort, Mr. Burch seeks to further solidify his legacy. Refer to bjtonline.com for additional reading.
Spending thirty million dollars and three years to renovate the island, Chris selected one of the biggest names in marketing to run the Nihi resort, James McBride. Making Travel & Leisure’s 100 best hotels in the world, twice, in 2016, and ’17, The Nihi resort has become critically acclaimed only two years after opening. The resort, which was formerly a secluded surf destination, still offers twenty foot waves for anyone seeking a thrill. Soon after sending McBride and his three sons, who are all surfers, to scout the property, Burch purchased the land from the previous owners. McBride notes the untouched tribal atmosphere as one of the island’s biggest selling points. A must-read article on interview.net.
The Nihi resort is the largest employer on Sumba and takes up five hundred and sixty seven acres of real estate on the island. Hop over to forbes.com for related article.
The entrepreneurial initiative pushed by Burch provided a economic and tourism renaissance for Sumba. It was far from Burch’s first real estate investment, however. The angel investor contributed heavily to funding the Faena Hotel in Buenos Aries. With the critical acclaim and public success of Nihi, Mr. Burch has added his most successful real estate investment yet to his long line of successful business ventures. Check architecturaldigest.com.
Beginning his investment career in college with his brother, Burch would eventually sell the company they’d each put one thousand dollars into starting, for more than sixty million. Through researchers and advisors at Burch Creative Capital, Chris Burch has funded a variety of income optimizing businesses, including recently partnering with Ellen DeGeneres to launch her lifestyle brand. Burch also heavily funded many online startups in the 90s dot-com boom and invested in Cocoon9, a design company that manufactures luxury prefab houses. An avid traveler, Burch spends what time he’s not in LA and the Hamptons in his private villa at the Nihi resort.
For timeline activity update, visit https://www.crunchbase.com/person/j-christopher-burch