He is one heck of an investor, inventor and fashion guru in the industry. His main focus is on the futuristic things. With a net worth of a billion dollars, he is certainly giving a good deal. He is the founder and the CEO of the Burch Creative Capital which is the name of his brand development company that is based out in New York.
He is also the co-founder of Tory Burch LLC. He achieved his billionaire status way back in 2012. His stake in the company C. Wonder is what rocketed him to that kind of achievement. Also, he was an investor in the Guggenheim Partners.
History in Fashion
While he was still an undergraduate at Ithaca College, he was able to start Eagle’s Eye Apparel with his brother Robert. He decided that he could found a company that would find more preppy sweaters and that expanded his initially small sweater business.
In the next 10 years, they were able to expand to net sales of $140 million. This was a huge step that put him in the next level. They became a nationwide company that has about 50 retail shops all over the country.
The company was sold to the Swire group in part and then fully in a deal estimated at $60 million. In 20014 he helped his then wife to establish the Tory Burch label of fashion where he had shares that he sold half of to establish J. Christopher Capital LLC which has been later rebranded to become Burch Creative Capital.
He proceeded to use this one as the incubator for his other investments like brands and other ventures. He then launched C. Wonder in 2011 which an apparel and home décor retailer. He then sold to Xcel Brands in 2015.
In Real Estate
He has built a hotel in Buenos Aires that was valued at over $100 million to construct and then he proceeded to renovate a house in New York that sold at $25 Million from the original $14 that he paid for it.
Chris Burch then founded a supplier company of construction material that deals with real estate developers. He has invested in several properties over the years.
He was the producer of the romantic comedy film Watch It. He has made several investments in the tech industry too. As a serial entrepreneur, it’s not very easy to beat his records for the things that he has been involved in.
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