CHRISTOPHER BURCH THE JACK OF ALL TRADES
Christopher Burch is a jack of all trades. Besides founding Tory Burch and C. Wonder, he is also investing in hospitality. In 2012, Burch and proprietor James McBride acquired a beach hotel located on the Indonesian island of Sumba. The two spent about $30 million in the redevelopment of the hotel and in 2015, was later renamed to Nihiwatu. In 2016, Travel + Leisure named Nihiwatu, also known as The Edge of Wilderness, as the best hotel. Burch’s private home, Raja Mendaka, is among the twenty-seven private villas in Nihiwatu. Guests can also book Raja Mendaka that has the main house with four villas, and each villa has a pool. Nihiwatu resort has employed most people on Sumba Island. Some of the profits accrued from the resort are donated to the Sumba Foundation. The foundation supports projects for the residents. Guests visiting Nihiwatu resort are likely to enjoy a shoreline spa, traditional Sumbanese antiques, Ikat Prints, local wood, yoga sessions, and surfing. It costs $14,000 to stay in Chris Burch’s private house for a night. However, one can book a one-bedroom villa at $750 a night only in low season. Check this useful link for more reading about the resort.
About Chris Burch
Christopher Burch is a renowned entrepreneur who has invested in diverse industries for the past four decades. Burch established Burch Creative Capital, and he is the current Chief Executive Officer. According to bgtonline.com, he started his vocation while he was still pursuing his degree at Ithaca College in 1976. Together with his sibling Bob, they started Eagle’s Eye with an initial capital of $2,000 which developed into a $165 million business. Later, Burch sold the company to Swire Group after which he invested in Internet Capital Group.
Read insights from him in this article on interview.net.
Burch has not only invested in domestic but also international real estates. He has ventured into the growth of luxury homes in areas such as Palm Beach, Southampton, New York, Nantucket and Florida, refer to architecturaldigest.com for related article. He is in partnership with hotelier Alan Faena and architect Philippe Stark as they aim to renovate Faena Hotel + Universe. Some of the other enterprises that Burch has ventured into include; C. Wonder, Cocoon 9 and lately Nihiwatu resort which is located on the Indonesian island of Sumba. In addition to investing, Burch has also funded projects such as The China Association of Social Work as well as The Sumba Foundation, NYU Langone, The Henry Street Settlement and The Child Welfare League of China. He was also the former president of The Pierra Hotel Co-operation Board. Hit on crunchbase.com for an update of his recent timeline activities.
to read more about him visit http://www.forbes.com/profile/christopher-burch/