If there is one thing that the founder and CEO of Burch Creative Capital understands, then it is how to make his money work for him. J. Christopher Burch stepped into the ranks of the billionaires back in 2012, and he has kept moving forward with venture investments ever since. There is an island in Indonesia known as Sumba, and he has been fixing it up to attract the wealthiest and most adventurous of the world’s travelers ever since he acquired the surf resort of Nihawatu which is known as Nihi in some circles. For an update of his recent timeline activities, hit crunchbase.com.
It took 3 years and $30 million of his 10 figure worth to get it to his liking, but now he and hotelier James McBride have reopened it as a 5-star resort that should be seen by anyone into luxury. Travel & Leisure is a magazine which keeps track of the best of the best when it comes to hotels, and Chris Burch’s Nihi made the list after only one short year of operation. Once it began to receive the acclaim, it was only up from there, and the resort now is rated as the #1 hotel in the world currently (2016 and 2017) according to the readers who give their opinion. Check forbes.com.
Ithaca College is his alma mater. It is a private college in the city of Ithaca, New York, and if the billionaire is any indicator, then they certainly know how to help prepare a man for the real world. He took the liberal arts education and went on to have many successes in both the fashion industry and real estate. It was a small $2000 investment that saw $10 sweaters getting sold for a mere $5 profit each in the beginning, but since then he has helped Tori Burch (ex-wife) soar to financial delight through her eponymous fashion label where billions were made from enthusiastic customers, and there have been other financially-wise decisions in that arena. Refer to bjtonline.com for related article
But back to the resort of Nihi where 20-foot waves attract some of the best surfers in the world who want to try out their skills on the surrounding ocean’s waters. It started in the earlier year of 1988 when two people began camping on the island and then built the resort. It went well for the Graves, but an Asian economic crisis and other concerns caused them to start the Sumba Organization which developed a plan for the island as well as humanitarian efforts. The tribal atmosphere is maintained at Nihiwatu, and a number of volunteers keep things like safe drinking water and malaria infection reduction in action.
Christopher Burch and his friend James McBride have certainly improved many areas of the island section and the resort, but the village and tribal setting has been purposely maintained. It is respect for the various sociology factors, and the motto is “the edge of wilderness.” There are 576 acres which should be visited by anyone with the means and desire to embrace nature, native culture, and luxury at its finest. For more of the beautiful feature of the resort, head over to businessinsider.com.
A note-worthy article here on https://www.entrepreneur.com/article/222766