5-star hotels and top-of-the-line restaurants are two things investor and entrepreneur Chris Burch cannot do without, and even just this last year he switched credit card companies so he could enjoy more of the rewards that come with dining and lodging at these places. But he also decided to become an owner of a world class hotel not long ago when he bought a property on Sumba Island in Indonesia where Nihiwatu Resort now stands (businessinsider.com). Nihiwatu Resort attracts visitors from all over the world who either come there for a wedding honeymoon, or for special family getaways. Its beautiful sandy beaches and magnificent hotel rooms have had guests wowed over the work that’s been put into it. Burch even bought a home here so he could live part of the year in the warmth of the island.
Chris Burch became known as a serial entrepreneur because he’s always started new companies in a given time period, and most of the new companies he’s bought into have been funded through Burch Creative Capital. Burch Creative Capital has been the partner of several real estate companies and private equity firms, and it also was the seed funder for Voss Water, Jack Rogers, Pypestream, Poppin Office Solutions, Next Jump and C. Wonder. Burch also shares ideas on his personal blog including one post about ideas for holiday gifts such as a Barbour Gisburne jacket, a US Jaclean Zero-Gravity Massage Chair and small sweet treats from Pretzables.
Chris Burch began businesses while still a college student at Ithaca College in New York. He opened a fashion retail company known as Eagle Eye Apparel which started as a door-to-door sweater sales hobby but soon picked up enough revenue that Burch began buying store space and a high production factory. The company generated over $140 million in sales in a short time, and it was sold after 20 years in a $60 million deal. Burch became involved in global equity firms like the Internet Capital Group and Guggenheim Partners for many years, and he also was a founding partner in Tory Burch and the Ellen DeGeneres lifestyle company (ideamensch.com).
Chris Burch is also a friend of Argentinian real estate investor Alan Faena, and he joined with him in a construction project for one of Buenos Aires’s top hotel destinations known as the Faena Hotel + Universe. Burch also undertook several remodeling projects in the US and also started a contractor supplies company known as J.B. Christopher. He officially became a billionaire in 2012 upon the news that his C. Wonder company put his net worth over $1 billion. For update on his recent timeline activities, visit LinkedIn.