An Insight into the Investments of Chris Burch
Chris Burch is an American entrepreneur who is recognized around the world for establishing a series of retail brands. However, he has achieved this feat through the partnership of other successful entrepreneurs such as Tory Burch and C. Wonder. The three gentlemen have also invested in the hospitality industry. Several years ago, Chris Burch joined hands with a hotelier known as James McBridge and invested in a resort in Indonesia.
The two bought a resort in Sumba Island and transformed it into a five-star resort. They later renamed the resort to Nihiwatu in 2015. Collectively, they had spent $30 million in the deal. Two years ago, the hotel was voted as the best hotel in the world under the leisure and travel category. Chris Burch often speaks about why he bought the resort. He recently spoke to Business Jet Traveler, and he was asked why he invested in the business. He said that he acquired the resort for the sake of his children and their future. He also mentioned that he acquired it so that he could preserve the environment and at the same time give back to the community.
Chris Burch appreciates the beauty of the place. He also told the Business Jet Traveler that the investment had given him more than he expected. The Wall Street Journal recently noted that Chris Burch built a private residence in the resort. Chris Burch refers to the private home in Nihiwatu as Raja Mendaka. Check architecturaldigest.com. Chris Burch established his first business as a student at Ithaca College back in 1976. Together with his brother Robert Burch, they established Eagle’s Eye apparel. This is a business venture that they later sold for over $200 million. Chris Burch is also the figure behind the Tory Burch fashion label. This is a label that he established with the help of his wife.
Keep up with Burch, visit him on Instagram.