Chris Burch Diversify his Investment Portfolio to Hospitality

Chris Burch is a renowned serial entrepreneur who has founded or co-founded several global brands. A few years ago, Burch and James McBride decided to venture into the hospitality industry and acquired a beach property on the Indonesian island. The two entrepreneurs spent about $30 million to redevelop the property, and was reopened in 2015 as a five star leisure facility called Nihiwatu. In 2016, Nihiwatu was voted as the top resort in the globe by Travel+Leisure.

Chris Burch has been very busy of late, dividing his time between the resort in Indonesia, and the Hamptons in Miami. There are 27 private villas at the resort, including a private home for the entrepreneur. The resort is nicknamed ‘The Edge of Wilderness’ is one of the largest employers on Sumba Island. Burch established Sumba Foundation to support various projects that benefit local community.

Chris Burch Other Investments

Chris Burch ventured into the business world in 1976 while still in college, and they invested $2,000 with his brother Bob to start Eagle’s Eye. Their business was successful and expanded to $165 million and was later acquired by Swire Group. The entrepreneur has invested in a range of local and global real estate ventures in Florida, Nantucket, New York, Palm Beach and Southampton, where he has developed luxury homes.   Additional article on forbes.com.

Chris founded an apparel company, C. Wonder in 2011 and later sold it to Xcel Brands. In mid 2014, he partnered with Ellen DeGeneres and started a lifestyle brand, ED, head over to burchcreativecapital.com.   Towards the end of 2014, Chris launched another venture, Cocoon9 that focused on luxury homes. In addition, the homes had energy saving features, state of the art finishes and design as well as space saving features. Currently, the entrepreneur is engaged in development of other consumer and lifestyle brands including apparel, natural food, home furnishings and technology.  Related article here.

More to read on http://www.businessinsider.com/chris-burchs-nihiwatu-resort-is-the-best-hotel-in-the-world-2017-3/#nicknamed-the-edge-of-wilderness-nihiwatu-is-on-the-west-coast-of-sumba-a-remote-indonesian-island-1

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