Chris is an inventor and an investor of a high caliber. He has been dabbling with the business since he was in college several years ago. Chris Burch is now valued at the net worth of a billion dollars which goes to show just how much he is into what he does and how successful he has been. He is the founder and Chief Executive Officer of Burch Creative Capital. It is the name of his brand development company that incubates all his other investments and is based out in New York.
He founded Tony Burch LLC. His stake in the company C. Wonder was what helped him achieve the billionaire status in 2012, and he is also an investor with the reputable Guggenheim Partners. When you combine all that, you get Burch the Billionaire.
The Fashion Industry and Burch
He started Eagle’s Eye Apparel while he was still at Ithaca College with his sibling brother Robert, they started by selling sweaters. His ambition was to make sweaters that were more preppy so that they could get the campus markets abuzz.
After that, the next ten years saw him expand the business to a value of over $140 million which was a far cry from what they had started. At that time, they had become a countrywide retailer with over 50 retail shops all over the country.
In a $60 million deal, they sold the company to the Swire Group which sky rocketed him to the next steps that would make him the investor that he is today. Together with his wife, they were able to establish the fashion firm Tory Burch in 2004. He later sold half of his shares in that company and then launched Christopher Capital LLC which he later rebranded to be the Burch Creative Capital.
Now, it serves as the incubator for all his other investments. In 2011, he launched C. Wonder which dealt with home décor and fashion which he sold to the Xcel brand later for the deal that put him in the billionaire status.
Real Estate Investments
There is a hotel in Buenos Aires that he built with over $100 million, then he renovated house in New York selling it at $25 million as compared to the $14 Million that he paid to acquire it. As a real estate guru, he does fine.
He also founded a construction materials company that is doing well.
He was the producer of the romantic comedy film Watch It. He has made several other investments and is overall a clever guy.