It’s hard enough to succeed in one part of the business world. However, there are a few visionaries who can touch gold no matter what they do. One of those individuals is Chris Burch. From fashion to venture capital, this serial entrepreneur and creative juggernaut has left his mark on businesses in all corners of the world.
In addition to making his mark in fashion and venture capital, Mr. Burch is also known as a top-notch hotelier. His five-star resort, Nihiwatu, was ranked the best in the world by Travel + Leisure magazine in 2016.
The resort is located on the island of Sumba which Mr. Burch purchased, along with a business partner for $35 million dollars. After dedicating several years for re-design, Mr. Burch opened the five-star resort to rave reviews. The 27 villa resort, located in Indonesia – near the island of Bali – is considered the go-to place for the jet-set. Surprisingly, this is just one of many accomplishments for Mr. Burch.
If you want to go back to the first time Mr. Burch found success, then you have to journey back to his college days.
It was way back in the mid-1970s where Chris Burch made his first foray into entrepreneurship with his own clothing operation. It was in 1976 that Mr. Burch started Eagle’s Eye Apparel with a small $2,000 loan. Less than a decade later, Mr. Burch partially sold Eagle’s Eye Apparel. Then a decade later, he would sell the entire company at a $60 million valuation.
Less than five years later, Mr. Burch would start the company that would bring him the highest profile of fame as well as his biggest fortune. That company, Tory Burch, would go on to be one of the biggest names in fashion and style. Mr. Burch would eventually sell his 28.3% share of the company at a valuation of $3.5 billion (entrepreneur.com).
During his last year at Tory Burch, Mr. Burch would found C. Wonder which sold retail home decor and fashion. Mr. Burch would sell his share of this company less than five years later. During the 2010s, Mr. Burch would also make a name for himself as a venture capitalist, starting up Burch Creative Capital.
With a creative legacy that has spanned almost five decades, Chris Burch is known as an icon in many different fields. As he reaches his fifth decade in business Mr. Burch will continue to create and execute his big business ideas with style. Additional article on inc.com.