After creating multiple globally recognized retail brands, including C. Wonder, and Tory Burch, Chris Burch is venturing in the hospitality industry. Partnering with James McBride, Burch bought a beach hostel on the Indonesian island of Sumba. After acquiring it in 2012, Chris and the respected hotelier spent $30 million modernizing the hostel. In 2015, the duo reopened it as a five-star resort known as Nihiwatu. In 2016, The resort was honored as the best hotel in the world by Travel + Leisure.
While speaking to Business Jet Traveler in 2015, Chris noted that he acquired Nihiwatu for his children and as a means of giving back to the society. Burch donates a percentage of the resort’s income to Sumba Foundation to advance various community initiatives. He said that when people are in a place that has a beautiful palette, they can achieve things that they cannot in other places. The resort has a spa under a waterfall. At Nihiwatu, individuals can request for a butler in their rooms. Burch remarked that the growth of the property has surpassed his expectations. Nihiwatu has beautiful sceneries where people can enjoy the sunlight, sumptuous meals and fresh air.
The Wall Street Journal notes that Burch spends his time in three locations, which include Nihiwatu, the Hamptons, and Miami. His new resort in Indonesia has 27 villas. While at the resort, Chris loves spending time at the Raja Mandeka, his private abode. The house has a main house and four extra villas that have private plunge pools. Nihiwatu means mortar stone. The establishment’s nickname means the edge of the wilderness. Check related article on forbes.com.
Chris Burch is a leading entrepreneur having invested in several businesses. Over the years, Chris has invested in multiple industries such as technology, fashion, and real estate. Burch is the CEO and founder of Burch Creative Capital. He has been an active investor for more than four decades. In addition, Burch is credited for enhancing the success of several technology and fashion brands like Faena Hotel+Universe.
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Burch started entrepreneurship particularly in the fashion industry while still in school. The alumnus of Itchica College partnered with his brother to found Eagles Eye Apparel. They grew the firm to have an asset base $165 million before selling it. Burch’s investment portfolio comprises domestic and international real estate ventures. More of this on bjtonline.com. The executive owns luxury homes in Southampton and a hotel in Argentina. For a long time, Burch has served as The Pierre Hotel Co-op Board’s president. In addition, he has served on the Rothman Institute Orthopedic Foundation’s board. For an update of Burch timeline activities, hit crunchbase.com.
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