Chris Burch; Entrepreneur Turned Investor

Christopher Burch is a philanthropist, an investor, a fashion mogul, and an entrepreneur. He is noted for starting Tory Burch. This is a luxury fashion brand. Burch attended Ithaca College where he graduated with a Bachelor’s degree in Business. He began Eagle’s Eye Apparel with his brother when he was still a student at the University. They started the company with an investment of two thousand dollars and grew it to a business worth $150 million. The company’s success led to its acquisition by the Swire Group. Burch ventured into investing after the sale of the enterprise. He became an early investor in the Internet Capital Group. He has developed luxury homes in several locations including Florida, New York, and Nantucket.  More of this on bjtonline.com

Burch teamed up with Alan Faena and Philippe Stark who is an architect to develop the Faena Hotel + Universe. The trio was able to turn an undeveloped piece of land into a luxury resort and hotel.  Check on wsj.com for a related article.   Burch started accessories, home décor, and apparel retailer named C. Wonder in 2011. His leadership drove the company to profits, and it was sold to Xcel Brands. He has made personal investments in several companies including Chubbies, Little Duck Organics, Blink Health, BaubleBar, and Brad’s Raw Foods.

Chris Burch has been a member of the boards of the Rothman Institute Orthopedic Foundation, Guggenheim Capital, and the Continuum Group. He is a notable philanthropist. Burch has supported various organizations in the past including The Sumba Foundation, the Henry Street Settlement, and the Mt. Sinai Hospital. Burch built a resort in Indonesia. It was named the best hotel in the world. Nihiwatu is located on a remote Indonesian island known as Sumba. Burch and James McBride bought the hotel from a couple from New Jersey in 2012. The two invested $30 million in developing it into the five-star resort that it is today.   Additional article on huffingtonpost.com

The resort was opened in 2015. It has 27 private villas. Burch said that he built the resort as a way of giving back to the community and preserving the beauty of the place. He stated that its unique location allowed them to experiment and to do things that had never been attempted before. Hop over to this for an interview article of Burch.  The resort has a spa under a waterfall and butlers in each room. The resort is the largest employer of locals in the area. Some of its profits are directed towards the Sumba Foundation.

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