Cox media family wins Chris Burch’s Hamptons estate in bidding war

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The Cox family, of the privately held media and automotive conglomerate Cox Enterprises — estimated to be worth more than $34.5 billion, according to Forbes — is the secret owner of venture capitalist Chris Burch’s Southampton, New York, estate.

And, we hear, the family bought the estate well over its asking price in a bidding war.

Burch, founder of Burch Creative Capital, and his ex-wife co-founded the fashion brand Tory Burch.

The traditional home, at 232 First Neck Lane, sold in less than a month, as Gimme previously reported last October.

At the time, it was asking $14.99 million — and ended up selling for $15.95 million.

The buyer is limited liability company (LLC) Glorious Gardens, which is registered to the Clarendon Family Office — set up for the Cox family.

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