What is Christopher Burch's Net Worth?
Christopher Burch is a renowned American entrepreneur with a net worth of $1 billion. Known for his significant influence in the lifestyle brand and retail sectors, Christopher's wealth primarily stems from the success of the fashion brand Tory Burch. He is the founder and CEO of Burch Creative Capital, an investment firm overseeing a diverse portfolio of fashion and technology companies.
Establishing Burch Creative Capital
Based in New York City and Shanghai, Burch Creative Capital holds a 15% stake in Tory Burch LLC. The New York-based company, renowned for its luxe-bohemian women's wear, is owned and managed by his ex-wife, Tory Burch. Christopher, who once served as co-chair of Tory Burch LLC, severed all ties with his ex-wife's business in 2012 after launching C. Wonder in 2011, a brand known for its resemblance to Tory's but marketed at a more affordable price point.
Business Ventures and Investments
Despite ending his involvement with Tory Burch LLC, Christopher retained nearly a third of the company's shares until his sale in December, valuing Tory Burch LLC at over $3 billion. Furthermore, he sold 10% of C. Wonder to Fidelity Investments for $35 million in 2013. Christopher's business pursuits extend to investments in Aliph, a mobile accessory manufacturer; Voss, a brand of Norwegian artesian bottled water; and Powermat, a wireless charging company.
Personal Life
Christopher Burch, a divorced father of six, currently resides in New York City. His impactful career and diverse investments have cemented his status as a significant figure in the business world.
