Chris Burch is prominent due to his great influence in the fashion industry. Despite him founding a variety of business ventures, Chris Burch has remained relentless in his pursuit of success. More recently, he together with his friend and an hotelier James Mc Bride, bought a beach hostel.
This beach hostel is in Indonesia. After the acquisition of the resort, Mr. Mcbride, and Burch went forth to renovate the hostel into a five-star hotel maximally. Renovation of the hotel into a modern day five-star resort was costly. An approximate of almost 30 million dollars was used to refurbish that hostel
After the renovation, Nihiwatu opened in 2015. Nihiwatu is a five-star resort with luxurious facilities. The beautiful scenery at the Indonesian beach further transforms the place into a one of a kind nature experience. Besides, the spas in this resort are under a waterfall.
These massive transformations not only have they increased the number of tourists visiting Indonesia but also led to Travel+ Leisure magazine naming Nihiwatu as the best hotel in the world.
In an area where the stability of the economy is always in question, Nihiwatu resort has been a huge blessing to the locals of Sumba island Indonesia. Currently, the resort employs the largest population of locals in the area. Besides, Sumba Foundation gets a percentage of the profits from this resort,check this on businessinsider.com
Sumba Foundation is an organization that helps support local projects in the area. The resort also provides an avenue for locals to sell their antiques. Some of these antiques can be seen as they are hanging around the resort.
Chris Burch founded Burch Creative Capital. He is also the CEO of this company. Before being a billionaire, Mr. Burch first investment was Eagles Eye Apparel. This business entailed Mr. Burch purchasing garments at 10 dollars and selling them at a profit.
Although the firm initially targeted his college mates, he quickly expanded his franchise to other neighboring colleges. This move would later propel him to open a fashion label together with his wife in 2004. Later on, in his life, he diversified into real estate. More related articles on bjtonline.com
Currently, Mr. Burch not only boasts of developing luxurious homes but also developing the best hotel in Indonesia. Besides this, Burch holds multiple stakes in different companies.
For an update of Burch timeline activities, head over to this.
Mr. Burch rise to be a billionaire was not an easy journey,he made sure to add value in every business venture that he undertook. Even though he has achieved a lot, he still helps those who are less fortunate in the society through his various charity contribution.
To read more about Burch hit on http://christopherburch.com/chris-burch/