Christopher Burch is an entrepreneur who has made his vast wealth through investments across multiple industries which include technology, real estate, and fashion.Chris Burch began his rise to success as an undergraduate at Ithaca College where he and his brother invested in a start-up company called Eagle’s Eye apparel. They invested $2000 in the company, and when it was eventually sold to Swire Group, the company was valued at $165 million. After the sale, Chris Burch made several early investments in various industries including Internet Capital Group. Currently, he is the CEO of Burch Creative Capital which specializes in investing in new markets.
More of his diverse investments on https://www.entrepreneur.com/article/222766
Chris Burch’s entrepreneurial talents can be witnessed with his investment in a remote island called Sumba which he saw as a beautiful location for a resort that could attract the affluent and adventurous (businessinsider.com). The Island was mostly uninhabited and had a reputation as a destination for surfing. Moreover, Sumba had a natural appeal with its aesthetics and smooth coasts. Building a resort on the island was achieved by Claude and Petra Graves in 1988, and when Burch heard of its beauty and freedom, he decided to help on expanding. Burch then contacted his friend James McBride, former president of YTL Hotels in Singapore, to visit the island who gave very positive reviews about is natural beauty.
After touring for the second time with his sons,Chris Burch decided to buy the resort and called it Nihi Sumba Island. What followed was significant investments to upgrade the facilities and constant expansion of the resort through acquiring more land in the island. Since Chris Burch’s acquisition of the resort, it has become a popular destination for the upscale travelers. It has also been ranked by Telegraph as one of the 50 most magnificent hotels in the world.
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