Christopher Burch is a famous entrepreneur and a billionaire with investments in the fashion, hospitality, and technology industries. He is the force behind Burch Creative Capital, formerly known as J. Christopher Capital, LLC. The company manages and incubates Burch’s investments and brands. In 2004, Chris in collaboration with his then wife, Tory, launched Tory Burch, LLC, and he has been the primary stakeholder in the company to date. His other notable investments include Voss Water, Aliph, and Power Mat. Burch is also the man behind the C. Wonder. For more reading, click this.
Chris was born to a middle-class family that lived in Pennsylvania. According to the earliest biography available, Chris seemed to be a poor student who could not concentrate. He had severe attention deficit disorder. Due to his condition, his elementary teachers doubted his ability to build a bright future and even told his parents to limit the hopes they had on him. Despite his situation, his parents managed to secure him a place at Tilton Prep School in New Hampshire. Thankful that the school gave him a chance, Burch went back there in 2013 after many years and donated $1.3 million. Read insight from Burch on this must-read interview of Burch on interview.net.
While still an undergraduate student at Ithaca College, Burch in collaboration with his brother founded Eagle’s Eye, a company that sold smart girls’ sweaters to students. To Burch, Eagle’s Eye was just a way to make ends meet during the college days. However, the start of the company marked Burch’s first step on the road to becoming a billionaire. Related article on forbes.com.
The company grew into an indomitable giant in the fashion industry and was sold to the K-based Swire Group for $60 million.
Additional article on businessinsider.com.
After establishing Eagle’s Eye, Burch became a serial investor who has participated in the raising of more than fifty firms. Chris became a billionaire in 2012 after he sold half of his 28.2% stake in Tory Burch, LLC for $650 million. In 2011, Chris founded C. Wonder, a trendy fashion brand that offers cheap and stylish clothing. The company became so popular and attracted Fidelity Investments, the company that bought 10% of the company for $35 million. Chris still maintains the majority stake and hopes to make C. Wonder an international brand. For updates on Burch timeline activities, hit on crunchbase.com.
More to read on https://ideamensch.com/chris-burch/