#Cox media fam wins Chris Burch’s Hamptons estate in bid war

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.

Third-generation family member Jim Kennedy is chair of the board of the Atlanta-based Cox Enterprises, while Alex C. Taylor, the great-grandson of founder James M. Cox, is the president and CEO.

The home, built in 1984, is 7,000 square feet, sits on 2 acres and comes with a pool and tennis courts.

Inside, it features nine bedrooms, nine bathrooms and two powder rooms.

The listing broker was Jonathan Smith, of Sotheby’s International Realty, who did not return calls.