Hearst is the Founder of Chestnut Holding LLC, a private equity and agricultural development company. He partnered with architect Philippe Stark and hotelier Alan Faena to develop the Faena Hotel+Universe in Buenos Aires. The investment into the building, first built in 1902 as a grain storage facility, was in excess of $100 million. He was co-chair of the Architecture Committee for the Hearst Tower while working with Sir Norman Foster to construct one of NYC’s Landmark buildings.
In fashion, Hearst was one of the first investors in Tory Burch. Other investments in this sector included Candela, Jack Rogers, and Soludos. In consumer products, he has been an initial investor in Voss Water and Tipa, among others. In 2015, he and his wife, designer Gabriela Perezutti Hearst, launched Gabriela Hearst LLC, a luxury fashion label. As a principal and founder of Bridge Builders Collaborative, he’s made investments in the mind fitness sectors including Headspace, eMindful, Happify, Pear Therapeutics and Interaxon.