Chris Burch: Billionaire Entrepreneur, CEO of Burch Creative Capital

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A co-owner of Nihi Sumba Island, with hotelier James McBride, the billionaire entrepreneur Chris Burch is also known for his Tory Burch fashion brand. He has multiple kinds of technology and luxury brands such as Jawbone, Poppin, Voss Water, and the Faena Hotel + Universe. He also has a business partner in Ellen DeGeneres, while she launches her lifestyle brand ED. He knows how to pick successful projects, as he is not a stereotypical billionaire, as he likes asking a lot of questions, to get at ideas.

While at Ithaca College, Burch’s first business was selling varsity-style sweaters to classmates, with the help of his brother and $2,000 to start. He eventually sold Eagle Eye to Swire Group for $165 million. He has an understanding of why people do the things they do, this comes from being around a long time. As a guest speaker at Harvard Business School, crediting his success to empathy and nothing else. While he is the sort of person who has a Wall Street fairy tale going for him, things were difficult in 2006 when he broke up with his wife and business partner Tory Burch. He feels that hard times are there to teach you things, among them, that he does not envy other people. Nihi Sumba Island is a business venture that succeeded with the cooperation of the Sumbanese people, who helped him find diamonds, as Nihi Sumba is the largest employer on the island.

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