Chris Burch a diverse investor making it big.
Chris Burch has been the mastermind behind investing and cofounding retail brands that have been recognized internationally. Chris Burch has however directed his energy and attention elsewhere, on hospitality. In 2012, Burch together with a friend, James McBridge who is a hotelier, they bought a hostel on the beach on the island of Sumba in Indonesia. This beach hostel was previously owned by a couple from New Jersey and Burch and James McBridge spent about $30 million to do a makeover and renovations on the hostel.
In 2015, the hostel was reopened under a new name Nihiwatu which is now a five-star resort. Being in operation for only a year it was ranked as the best hotel in the whole wide world by Travel + Leisure. Chris Burch told Business Jet Traveller that he had bought the resort for his children and he was positive that it would be something they preserve and for the purpose of giving back to the community. He also added that it was a place so beautiful and you could do things that cannot be done elsewhere or go to places no one has ever been before. Chris Burch remarks that the resort had turned into something more than he had expected.
Chris Burch spends most of his time either in Miami, the Hamptons or in Nihiwatu. The Indonesian resort consists of 27 private villas which also includes his private home. The section of his private home has a main house with four villas each of which has a private plunge pool.
Chris Burch is the founder of Burch Creative Capital and he is also the chief executive officer of the firm. His entrepreneurial values and visions have been manifested through the company. Chris Burch has had a hand in the coming up of over 50 companies in the period he has been an investor and entrepreneur. He combines his understanding of the behavior of consumers and knowledge of international and direct sourcing he has built a name for himself of connecting innovation to impact. The portfolio for Creative Capital’s brand is getting bigger with the addition of newly established brands which consist of Nihiwatu, Cocoon9, ED by Ellen DeGeneres, Poppin and TRADEMARK (http://www.burchcreativecapital.com/portfolio/).
Chris Burch has made his investments diverse and his organization is focused on developing a number of brands for consumer and lifestyle products (inc.com). These products range from hospitality, home furnishings and retail to technology industries and those industries that deal with organic food.
Keep up with Burch, visit Instagram.