Dream Vacations Are Found At Chris Burch’s Nihiwatu Resort On Sumba Island

Chris Burch opened a dream resort property just a few years ago, and what he did was take it from a one building surfer hostel to a multiple beach villa 5-star hotel. Burch had already had years of experience in home renovation and redeveloping, and he came up with his own ideas on how he could have Nihiwatu Resort built into one of the most beautiful beach hotels in the world. All that guests need to do is just take a walk along its paths and see how the resort is integrated right into nature without disturbing it. Burch owns most of the shares in this multi-million dollar property, but he still relishes his original business roots.

Chris Burch came from a small town in Pennsylvania and then was attending Ithaca College when he first realized his business ingenuity. Chris Burch had an off-the-wall idea to begin a sweater sales business by buying sweaters from a manufacturer and selling them around the neighbourhood. The business was a bigger success than Burch anticipated, and before long it was bringing in enough revenue to open up outlet stores and its own factories. It was named Eagle Eye Apparel and it opened locations all over the Northeast coast.

Chris Burch decided after some time to explore new business ideas and new investment opportunities, and he started buying shares in the Internet Capital Group and Guggenheim Partners, a private equity firm. While he was married to fashion icon Tory Burch, he helped her start her own fashion line which was featured on several talk shows and had department stores opened all over the nation. Burch decided to become a venture capitalist a few years later and start a company that would identify companies run by people who brought creative brand ideas to the table and invest in their disruptive business models. That was the forming of Burch Creative Capital that has seed funded Poppin, Voss Water, Pypestream, Actua, and Snowe Home, read more (Businessinsider.com).

Chris Burch had started his journey into real estate wealth in 2004 when he added the Faena Hotel + Universe to his portfolio. He bought several properties in partnership with the Argentinian firm run by Alan Faena, some of which he had resold for million in profit. He also had building materials supplied to contractors through his company J. Christopher. Burch became a billionaire around the same time he bought Nihiwatu Resort, and he’s also a donor to institutes like the Rothman Orthopedic Foundation and the Tilton School, refer to wingsjournal.com.

Leave a Reply

Your email address will not be published. Required fields are marked *