Since 1979, Chris Burch has been loyally using the American Express Card. However, in 2017, the wealthy entrepreneur shifted to J.P. Morgan Chase & Co. Sapphire reserve card. Chris Burch is a successful billionaire who attained his wealth from a variety of business endeavors. Mr. Burch is engaged in businesses such as fashion, real estate, technology, hospitality and some other industries that have performed extremely well.
According to bjtonline.com, he started his business endeavors while he was still in Itchita College. He started the ‘Eagles Eye’ company with his brother but later sold it at $165 million. At the moment, the billionaire manages the Burch Creative Capital that is the umbrella of firms such as Ellen Generes, Nihiwatu among others. His innovative mind has led to the immense growth of his companies and has earned him a lot of money. Chis Burch relies on understanding consumer needs to maximize his business profits.
Currently, the billionaire’s focus is on the hospitality aspect of his business. In 2012, Mr. Burch partnered with James Mc Bride to invest in a beach Hotel in Sumba Island Indonesia. Together, the partners pampered 30 million dollars into the renovation of this hotel. Three years later, the hotel opened as a five-star resort. In fact, the hotel was awarded the best hotel in the world award by Travel and Leisure in 2016. Chris Burch says that he purchased the hotel for his children and hopes that it will benefit the people of Indonesia either directly or indirectly. The hotel is the biggest employer and has most of its profits going to charity. For further reading about the resort, check this.
Some of the other businesses that the billionaire has got involved in is helping his wife to launch her fashion label C. Wonder. He also founded the Burch Creative Capital. Additionally, he has investments in Jawbone, NextJump and Powermat. Additional article on architecturaldigest.com.
Burch has had a successful 40-year career. As an investor and entrepreneur, his focus is on creating substantial success for the businesses that he is involved in. He is involved in over 50 companies in his career. He is also involved in diverse projects all over the world and has a successful track record which is continuously garnering interest. Hit this link on entrepreneur.com to read more about his views on business related matters.
To read about his new and follow on investments, visit https://www.prnewswire.com/news-releases/burch-creative-capital-announces-new-and-follow-on-investments-to-founder-chris-burchs-portfolio-300389216.html