Chris Burch is an entrepreneur who’s been building and investing in businesses for over 40 years, and he’s always had an appreciation for the finer things. He even switched credit cards recently because his old credit card didn’t have the perks he wanted. Burch has invested in not only new tech companies, but also creative lifestyle brands and gift suppliers. He’s bought several nice gifts for people close to him, some of which come from companies he invests in, but others from expensive brands. Gifts he says make good holiday or birthday presents are a Fatty Sunday’s supply of chocolates, a jacket from Barbour Gisbourne and a U.S. Jaclean Zero-Gravity Massage Chair. Hit this for a related article.
Chris Burch was raised in New York and began his business career with a small sweater sales gig while attending Ithaca College in the 1970s. He started out just selling the sweaters for a $5 profit, but when customer demand grew he knew he could build a big retail company from it. Burch named this company Eagle Eye Apparel and it made millions of dollars in sales up until he sold it in the late 1990s. More to read on bjtonline.com. After selling Eagle Eye Apparel, Burch started joining venture capital firms such as Guggenheim Partners and the Internet Capital Group. He also became a partner owner in Tory Burch, a fashion line he helped his wife at the time launch in 2004.
After later selling his shares in that company, Burch Creative Capital was founded. Burch Creative Capital has not only invested in startups, it’s also been a partner in hospitality and real estate developing with the Faena Group. Burch bought a stake in their Faena Hotel + Universe in Buenos Aires back in 2004 and later bought a condo property in Miami in 2011. Burch also flipped a series of multi-million dollar homes in Long Island and across New England including one in Southampton that he bought for $14 million and sold for $25 million. Additional article on aarchitecturaldigest.com.
His most expensive acquisition is Nihiwatu Resort which he bought in 2013 with James McBride and invested $30 million in to turn into one of the most luxurious and breath-taking vacation destinations. Burch is also a philanthropist who has supported organizations like the Rothman Institute Orthopedic Foundation. Keep up-to-date with his new and follow on investment, hop over to this.
To read more of his entrepreneurial views visit https://www.entrepreneur.com/article/222766