Nihiwatu Hotel is among the best hotels in the world. In 2016, Travel and Leisure Magazine voted it as the best Hotel in the world. Located on Sumba Island in Indonesia, the luxurious resort constitutes a twenty seven-villa estate (nihi.com).
One of the proprietors is billionaire Chris Burch who has had an eye for investment since his days at Itchica College in 1979. Together with his brother, he invested $2,000 in buying sweaters at $10 each. He then sold them at $15 to fellow students and in retail shops. He progressively grew the business, and with time, he could make as much as $140 million in sales (http://www.bjtonline.com/business-jet-news/billionaire-chris-burch). He also opened more than fifty retail shops of his own in which he sold the sweaters. He sold the business in 1989 at $60million.
Since then, Chris Burch has invested in other businesses in the fashion industry, technology, real estate and entertainment. He produced the film, Watch It, which was directed by Tom Flynn. He was also among the first investors in Internet IPO and online retail shops.
He is currently working on investments in organic foods, apparel, hospitality and home furnishing. He is still involved in the development of software for use with mobile phones.
In 2004, he co-founded Tory Burch fashion label with his wife. He sold the half of his 28.3 % stake in the business in 2012 when the company value was estimated to be $3.5billion.
He has also invested in technology and developed mobile phone Apps
Chris Burch has a way of turning a certain investment into a super profitable venture. In 2005, he bought a luxury home in Southampton, New York at $14million. See architechturaldigest.com. He renovated the facility, and in four months, he sold it at $25million.
His investments are spread across the world. Faena Hotel + Universe in Buenos Aires is one of the investments he developed with a business partner. He also developed a luxury condo in Miami Beach.