Seasoned entrepreneur and investor Chris Burch’s latest project is an ultra-luxurious resort called Nihiwatu on Indonesia’s Sumba island. The founder of Burch Creative Capital (and a host of other companies) bought the location in 2012 with James McBride, a veteran of the hospitality industry. After purchasing it from the original owners, the pair have transformed the beachfront property into a world-class vacation spot boasting 27 villas and a range of amenities and recreational opportunities for visitors. Burch’s own personal residence in Nihiwatu, known as Raja Mendaka, is also available to guests. Besides enjoying the plunge pools and their amazing tropical views, travelers can indulge in spa treatments or take surfing or horseback riding lessons. The resort also contributes to the Sumba Foundation which promotes local development and indigenous handicrafts are proudly displayed around Nihiwatu. In 2016 Nihiwatu topped Travel + Leisure’s countdown of the world’s 100 best hotels. Check businessinsider.com.
To read insights and views from Burch, head over to this.
Chris Burch is no stranger to ambitious business projects. His entrepreneurial debut was Eagle’s Eye, an apparel company he began as a college student with his brother and eventually sold for millions. Since then, Burch has been involved in building numerous brands including TV personality Ellen DeGeneres’s ED collection and office furniture supplier Poppin. In addition to Nihiwatu, Burch has also invested in the real estate market in New York’s elite Hamptons region and in Florida. A hotel project in Argentina is also in the works. As an active venture capitalist, Chris Burch also seeks investment opportunities in promising new start-ups with the potential to grow. Among the up-and-coming businesses that have benefited from Burch’s contribution is Chubbies, makers of men’s notoriously short retro shorts. Burch is always on the look out for the latest game-changer. When the Internet was still in its infancy, Chris Burch was an early investor in Internet Capital Group’s initial public offering. Known today as Actua, ICG was a pioneer in investing in online businesses. Interesting news on huffingtonpost.com
Along with his business endeavors, Chris Burch is also involved in philanthropy. He is a board member at the Rothman Institute Orthopedic Foundation and has contributed to non-profit organizations in the US and China as well as New York’s Mt. Sinai Hospital and NYU Langone medical center. For an update of Burch timeline activities, click on crunchbase.com. Chris Burch is a graduate of Ithaca College’s business school and has six children, some of whom are also aspiring entrepreneurs. Check architecturaldigest.com for additional article.
To read more hit https://ideamensch.com/chris-burch/