Nestled in a secluded corner of Indonesia surrounded by the Indian Ocean is a beautiful island called Sumba that’s the site of the world’s best resort, Nihuwatu. Opened in 2015, the resort took 3 years and a $30 million investment to complete. It features 27 private villas decorated with Ikat prints, traditional Sumbanese antiques and local wood and surrounded by waterfalls, a blue lagoon, private plunge pools, one of the world’s top surfer’s beaches and virgin forests. Guests are treated to personalized spa treatments in their villas or on the beach, daily yoga classes, scuba and surfing lessons, horseback riding on the beach at sundown and more.
Nihiwatu, also called ‘The Edge of Wildness’, is just one of the many investments of fashion mogul Chris Burch. Working in concert with Alan Faena the famed hotelier and internationally known architect Philippe Stark, Burch has been involved in developing several real estate projects. They include the Argentina based Faena Hotel + Universe as well as luxury properties on Nantucket Island in Massachusetts, Palm Beach, Florida and Southampton, New York. And Chris Burch plans to build more five-star resorts like Nihiwatu in Nicaragua and Costa Rica and Nicaragua to make them more accessible.
But hotels, resorts and real estate are just a small part of the investment portfolio of Chris Burch. He is also a major investor in companies like C. Wonder, Poppin, ED by Ellen DeGeneres, Voss Water, Cocoon9, TRADEMARK, But+Mah and Jawbone. Read more on entrepreneur.com. Burch has also invested in a wide range of industries including apparel, home décor, furnishings and accessories, luxury prefab homes, office supply, technology, organic foods, as well as a variety of other consumer and lifestyle products (ideamensch.com). He has holdings in companies like Little Duck Organics, Brad’s Raw Foods, Soludos and Blink Health.
Burch has come a long way. He began investing in business in 1976. While at Ithaca College, brothers Chris and Bob Burch each put up $2,000 to fund Eagle’s Eye, a clothing company. Initially, they bought sweaters at discounted prices, marked them up and sold them door-to-door. Eventually, they had the cash flow and customer base to have apparel made and expand their sales force. When the Swipe Group bought Eagle’s Eye apparel for $165 million, Chris Burch became among the earliest investors in the Internet Capital Group. He has since gone on to develop a very diversified investment portfolio and become an internationally known entrepreneur.
More of his investment portfolio at http://www.burchcreativecapital.com/portfolio/