Based on a recent article posted by Businessinsider.com, Christ Burch, a well known name in the fashion industry, has finally completed his five-star resort. It is located on a Indonesian island with only a small local population. The hospitality industry has been something Burch has been looking to get into for years and with the help of James McBride, a hotelier, he found a spot that had almost everything he wanted. The hostel located on the island of Indonesia needed a great deal of work however. After spending over $30 million and three years on updates it was reopened and named Nihiwatu. It has 27 private villas, spas, restaurants and even a plunge pools. Additional article on businessinsider.com.
Only months after the five-star resort opened in 2015 did it earn the title of “best hotel” by Travel + Leisure. When asked why he took an interest in the location and the travel industry in general, Christ Burch stated that the location was what caught his eye. Nihiwatu is right along the ocean and right next to lush, tropical rain forests and clear waterfalls. Along with the actual structure of the resort, Burch has purchased the surrounding lands to preserve them. He also wanted to have Nihiwatu to give something back to his children and the generations that follow. With the addition of the resort Burch spends his time between Indonesia, where his private location in the resort has four villas, the Hamptons and Miami. Read related article on wingsjournal.com.
This resort is just one item on a long list of entrepreneurial endeavors Burch has invested in. As the CEO and Founder of Burch Creative Capital he has decades of experience in the fields of finance and investing. When Burch founded the company he wanted to keep his entrepreneurial values at the core of its investment philosophy. He always had a plan for what he wanted Burch Creative Capital to grow into. By using his own creativity, following market opportunities and applying his accumulated knowledge Burch was able to rise above the rest.
Aside from Burch Creative Capital, Burch has had a hand in over 50 other companies which span over several industries. Some of these companies include Cocoon9, TRADEMARK, Voss Water, Poppin, Jawbone, Universe and the Faena Hotel. He is always looking to expand into new industries and help small companies grow. Burch believes that having a diversified portfolio allows for greater profit even when the market may be looking grim. For a timeline activity update, click crunchbase.com.
For his latest contribution to the market, visit https://www.inc.com/magazine/201106/chris-burchs-latest-cool-company.html