Christopher Burch, better known as just Chris Burch has come a long way in his business journey to be able to run one of the world’s most exquisite beach resorts. He and James McBride purchased the properties of Nihiwatu Resort in 2013 and put a lot of money into making it a place that inspires romance and a trip to paradise on earth. This resort on Sumba Island offers visitors one of the most spectacular views of the ocean with calm water and palm trees to view, and its vacation villas are constructed in an alluring way that makes you never want to leave. All in all, Burch spent $30 million on this project and bought a fancy home with a swimming pool overlooking the ocean. More to read about the luxury resort on businessinsider.com.
Chris Burch hasn’t only put his stamp on Nihiwatu Resort, he’s helping many creative brands take off in competitive markets through his venture capital investing company, Burch Creative Capital. Prior to founding this company, Burch was the owner of Eagle Eye Apparel. He and his brother started Eagle Eye back in their college days at Ithaca College in New York, and they would buy custom-made sweaters from a factory and make $5 in profit per sale. Once they had saved up enough money, they bought their own factory for making sweaters and other casual wear and soon they had a booming fashion retail brand. It was sold off in 1998 for $60 million. Burch had many other investments he took pride in including a financing company known as the Internet Capital Group which was making investments in the early days of the internet as businesses started buying space. He also owned a share of the Tory Burch fashion brand and would later help Ellen DeGeneres launch her own lifestyle company.
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Chris Burch started paying attention to real estate in the mid-2000s and had his eye on many properties that could be flipped for profits. More to read on bjtonline.com. He bought a $14 million property in Southampton, NY that he made a huge profit on when he sold it for $25 million in just a matter of months. He made similar purchases across Massachusetts and down in Miami. Related article on Related article onarchitecturaldigest.com. His first foray into hotel investing came when he became a partner with Argentinian architect Alan Faena and completed construction of the Faena Hotel in Buenos Aires, and Nihiwatu Resort is just one of his latest projects. Other companies that Burch Creative Capital has seeded include Poppin, Voss bottled water and Powermat.
Read about the entrepreneur’s diversified portfolio on http://www.burchcreativecapital.com/portfolio/