Table of Contents
Table: Christopher Burch’s Profile
| Category | Details |
|---|---|
| Net Worth | $1 billion |
| Salary | N/A |
| Birthdate | N/A |
| Birthplace | N/A |
| Gender | N/A |
| Height | N/A |
| Profession | Entrepreneur |
| Nationality | American |
What is Christopher Burch’s Net Worth?
Christopher Burch, an American entrepreneur, boasts a net worth of $1 billion. He has been actively involved in the lifestyle brand and retail sectors, particularly through the fashion powerhouse, Tory Burch. As the founder and CEO of Burch Creative Capital, an investment firm with offices in New York City and Shanghai, Christopher has established a wide portfolio of fashion and technology companies.
Highlights
– Christopher Burch is an accomplished American entrepreneur with a net worth of $1 billion.
– He gained significant wealth through the fashion powerhouse, Tory Burch, and is the founder and CEO of Burch Creative Capital.
– Burch Creative Capital possesses a 15 percent stake in Tory Burch LLC, a renowned women’s retailer, valuing it at over $3 billion.
– In 2013, Christopher sold a 10% share of C. Wonder to Fidelity Investments for $35 million, further increasing his net worth.
– He also has investments in various successful ventures, such as Aliph, Voss, and Powermat.
Early Life
The details of Christopher Burch’s birthdate, birthplace, and other personal information are currently unavailable.
Career
Christopher Burch’s career primarily revolves around his entrepreneurial ventures in the fashion and technology industries.
He generated a significant portion of his wealth through Tory Burch, a prominent luxury women’s fashion brand. As the ex-husband of designer Tory Burch, Christopher held the position of co-chair of Tory Burch LLC. However, he severed all connections with his ex-wife’s business in 2012 after launching C. Wonder, a clothing chain that offered similar products at more affordable prices.
Burch Creative Capital, founded by Christopher, serves as his investment firm. The company controls a diverse range of fashion and technology businesses, maintaining offices in both New York City and Shanghai. With a 15 percent stake in Tory Burch LLC, Burch Creative Capital significantly contributes to the valuation of the New York-based retailer at well over $3 billion.
In addition to his involvement with Tory Burch LLC, Christopher sold a 10% share of his clothing chain venture, C. Wonder, to Fidelity Investments in 2013. The sale to Fidelity Investments amounted to $35 million, positively impacting his net worth.
Furthermore, Christopher has invested in various other business interests, including Aliph, a phone gadget manufacturer, Voss, a premium Norwegian artesian bottled water brand, and Powermat, a wireless charging outfit.
Personal Life
Christopher Burch is currently divorced and has six children. He resides in New York City.
Net Worth Over Time
Christopher Burch’s net worth has grown substantially throughout his career, primarily driven by his involvement with Tory Burch LLC and his entrepreneurial endeavors.
Initially, his net worth was boosted by the success of Tory Burch, as he held a significant stake in the company. As of 2012, Tory Burch LLC was valued at well over $3 billion, contributing to his substantial wealth.
In 2013, Christopher sold a 10% share of his venture, C. Wonder, to Fidelity Investments for $35 million, leading to further growth in his net worth.
Components of Net Worth
Christopher Burch’s net worth consists of various components, including:
– Equity stake in Tory Burch LLC (15% ownership)
– Proceeds from the sale of C. Wonder shares to Fidelity Investments
– Investments in other fashion, technology, and consumer goods companies
– Other assets and business interests
Please note that all net worth figures presented are based on publicly available information, and they are estimates. While considerable effort is made to ensure accuracy, if any corrections or feedback are necessary, they are highly appreciated.
ncG1vNJzZmimkaLAsHnGnqVnm59kr627xmiaoaqZqMGwvMeeqWaapaewqXnNnqtmr5%2Bnwal7