Christopher Burch’s profile picture

Christopher Burch

Christopher Burch’s profile picture
Net worth 2018: $1 Billion
Country: United States
BirthDay: 28 March 1953
Sigh: Aries
Children: 6
BIOGRAPHY

Christopher Burch was bornon 28 March 1953 in United States. Veteran retailer Chris Burch sold most of his 28.3% stake in his ex-wife's fashion brand, Tory Burch LLC, for $650 million in late 2012, going on to join the Forbes Billionaires List in 2013. His share sale also helped put to rest months of lawsuits and counterclaims that once threatened to derail a future IPO for Tory's WASP-chic fashion brand, which Chris helped launch in 2004. The couple divorced in 2006, but the real trouble began in 2011, the year Chris debuted C. Wonder, a preppy clothing and gift chain bearing a striking resemblance to Tory's multi-billion dollar brand, but at a far cheaper price. The duo settled in late 2012, around the time of Chris' share sale. He maintains a small stake in the business. Months later, in February 2013, he sold 10% of C. Wonder to Fidelity Investments for $35 million; he retains the majority stake and counts fellow billionaire Len Blavatnik as an investor. He now aims to grow C. Wonder internationally, with 300 stores worldwide in the next three years. His other interests include investments in funky office supply firm Poppin; phone gadget manufacturer Aliph, which owns popular Bluetooth handset Jawbone; wireless charging outfit Powermat; and a property portfolio that includes homes in the Hamptons, Nantucket and the Indonesian island resort of Sumba. Two of his daughters, twentysomethings Alexandra and Louisa, recently got into the family business, launching fashion line Trade-Mark during this February's New York Fashion Week.

NET WORTH STATISTIC
2013

$1 Billion

2014

$1 Billion

2018

$1 Billion

TIMELINE
2014

In 2014 he invested in BaubleBar, leading an investment round of $10 million

2013

He acquired Nihiwatu Resort in 2013, partnered with James McBride

2012

In 2012 he acquired a townhouse in the West Village for $11 million after he had been previously renting it

2011

In 2011, Burch and his partner Austin Hearst completed the development of a $19 million luxury home developments in Nantucket, Massachusetts

2008

Christopher Capital LLC in 2008, later renamed Burch Creative Capital

2006

Christopher, a supplier of construction materials to real estate developers, in 2006

2005

In 2005, Burch purchased a luxury home in Southampton, New York for $14 million, and sold the home for $25 million four months later after renovating the property

2004

In 2004, Burch partnered with architect Philippe Stark and hotelier Alan Faena to develop the Faena Hotel+Universe in Buenos Aires

1996

In 1996, he married the fashion designer Tory Robinson with whom he has three sons: twins Henry and Nicholas (b

1993

In 1993, Burch was a producer for the feature-length romantic comedy film Watch It, directed by Tom Flynn, which received a favorable review from the New York Times

1989

The company was partially sold to Swire Group, in 1989, and entirely, in 1998 in a deal that valued the brand at $60 million

1982

3 million to his alma mater the Tilton School, and was on the school's Board of Trustees from 1982-1985

1976

In 1976, while an undergraduate at Ithaca College, Burch and his brother Robert started Eagle's Eye apparel with a $2,000 investment, buying sweaters for $10 each and selling them for $15

1953

Christopher Burch (born March 28, 1953) is the founder and CEO of Burch Creative Capital, a firm based in New York City that manages venture investments and brand development, and co-founder of Tory Burch LLC

1902

The investment into the building, first built in 1902 as a grain storage facility, was in excess of $100 million

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