Entrepreneur Chris Burch Turns A $2,000 Investment Into $1.2 Billion
Nihiwatu is a spectacular five-star resort on the remote island of Sumba in Indonesia built by entrepreneur Chris Burch and his team. Nihiwatu, which some call ‘The Edge of Wildness’, is an extraordinary place. Guests of the resort are pampered and pleased by private butlers bearing tasty, exotic food and drink. They can also luxuriate in the island’s incredible amenities. Those amenities include personalized spa treatments under a waterfall, on gorgeous milk-white, sun-kissed sandy beaches near swaying palm trees or in their private villas. There’s also personalized yoga and surf lessons, private plunge pools and a gorgeous blue lagoon.
Guests can also enjoy horseback riding on the beach at sunset or dawn, stay in a two-story treehouse replete with a bedroom, living space, balconies, bathrooms and a private infinity pool or one of the 27 private villas decorated with traditional Subanese antiques, Ikat prints and local wood and equipped with all the modern conveniences. There’s a huge indoor-outdoor entertainment area, waterfalls and access to beaches that are a surfer’s paradise or the gentler Coconut Grove Bay. All of this plus breathtaking views of the Indian Ocean. Nihiwatu creates instant peace of mind.
Opened in 2015, Nihiwatu, which gives guests the freedom to tailor the vacation experience they want, has twice been voted the world’s best resort. Burch says Nihiwatu has exceeded all his expectations and he plans to build similar, more easily accessible five-star resorts in Costa Rica as well as Nicaragua. Burch also built luxury homes in Palm Beach, Florida, Nantucket and Southampton, New York (architecturaldigest.com). Plus, he has investmented in companies involved in technology, home furnishings, women’s apparel and accessories, organic food and more and brands like C. Wonder, Tory Burch, Cocoon9, Voss Water, Jawbone, Poppin and ED by Ellen DeGeneres.
Chris Burch first became involved in business in 1976 when he invested $2,000 with his brother Bob and started Eagle’s Eye apparel. Burch was attending Ithaca College at the time and began selling clothing door-to-door. The company thrived and grew. A few years later, the Swipe Group bought Eagle’s Eye apparel for $165 million. Chris Burch began making a series of excellent investments. He began by investing in the start-up the Internet Capital Group. Over the past forty years he was able to turn that $2,000 initial investment into a net worth of in excess of $1.2 billion. Chris Burch now regularly makes generous donations to charity. More on entrepreneur.com.