Luke Belmar sells a lifestyle: crypto since 2016, private equity, and an entrepreneur club he calls the fastest growing in the world. More than 1.3 million people follow him on
instagram and
X (formerly Twitter).
But type his name into Google and the same three questions come up. How much is he actually worth? Who is he, really? And is
Capital Club legit?
We skipped the copy-paste bio sites and went to the paperwork: federal court filings, his company websites, and the 1,800+ member reviews on Trustpilot. Some of what we found is more interesting than any net worth estimate, starting with the fact that his legal name isn't
Luke Belmar.
Quick Answer
Question | Short Answer |
|---|---|
Who is | A crypto investor and online entrepreneur, founder of |
Real name | Lucas Emanuel Uria Theis, per federal court filings |
| No verified figure. The popular "$10 million" estimate has no source |
How much is | About $365 a year ($1 a day), according to member reviews. Currently waitlist only |
Is he legit? | He runs real businesses with real members, but he's a defendant in an active federal fraud lawsuit |
Followers |
Who Is Luke Belmar?
Luke Belmar is the public name of Lucas Emanuel Uria Theis. That's how he's named in a federal lawsuit filed against him in 2025, which refers to him as "Lucas Emanuel Uria Theis, a.k.a.
Luke Belmar."
His
YouTube channel describes him as "Private Equity • Crypto • Ecommerce" and shows an Argentine flag. A 2025 press release on Bitcoin.com, clearly labeled as sponsored content, says he arrived in America at 16 with $200 and bought Bitcoin in 2016 at $588. His X bio still reads "BTC 2016." We couldn't verify either claim independently, or confirm his exact age.
According to court filings, he formed Capital Club LLC in Wyoming in 2021, co-founded the
Capital Club business in 2022, and lives in Puerto Rico with his wife.
His content mixes money mindset, crypto opinions and lifestyle clips, and it gets reposted widely by fan accounts on
TikTok. That audience is the engine behind both of his businesses.
Luke Belmar's Businesses
1. Capital Club
Capital Club is
Luke Belmar's main business: a paid community with courses, interviews, a
Discord server and in-person events. The official website claims 15,000+ entrepreneurs in 73+ countries and lists past speakers including Mark Moss and Lior Pozin, the co-founder and CEO of
AutoDS.
Court filings describe it as focused on "digital entrepreneurship, education, and community-building," with members paying subscription fees. Behind the brand sits a group of related companies: Capital Club Holdings, CC Ventures, CC Shared Services, CC Apex, Capital Club International, and Capital Club LLC.

How much does Capital Club cost?
The website doesn't list a price. Every button currently says "Join Waitlist." But members have described what they paid in their reviews:
What Members Reported | When |
|---|---|
"$1.00 a day (annual fee = $365)" | March 2024 review |
Paid $369 to join | October 2023, per an October 2024 review |
Charged after cancelling, then refunded | October 2024 review |
So the most likely price, when it reopens, is around $365 a year. Check the checkout page carefully before paying, since the price could change.
2. Gem Hunters
Gem Hunters is
Luke Belmar's crypto group, built around spotting small coins early. His official link page lists it as "Gem Hunters - Simplifying The Crypto Markets."
Gem Hunters Tier | Price | What You Get |
|---|---|---|
Free | $0 | Community access, daily market updates, selected calls |
Premium | 1 ETH per year | Private channels, real-time calls, full call archive, courses, livestreams |
The Gem Hunters website claims 40,000+ members, "$20M+ member profits," and a 70.8% win rate on its calls since 2024. Those numbers are self-reported. The same page also warns, in plain language, that "most people who trade crypto lose money."
There are some inconsistencies worth knowing. The website says the group has run since 2017. The sponsored press release says 2020. One claims 40,000+ members, the other 50,000+.
Luke Belmar Net Worth in 2026
There is no verified
Luke Belmar net worth. Bio sites commonly say "around $10 million," but none of the ones we checked name a source. He doesn't publish financial statements, and his crypto holdings aren't public.
What we can do is look at the scale of what's documented.
What the court records show
Figure | What It Is | Who Says So |
|---|---|---|
$225,000 | What | Defendants, as described in the court's March 2026 order |
$665,000+ | Money allegedly transferred out of the business to unidentified recipients | Plaintiff's allegation |
$990,000 | What the "Owner's Capital" account allegedly grew to without new investment | Plaintiff's allegation |
$12 million | Damages | Defendants' estimate, in counterclaims since dismissed |
What Capital Club could be earning
A rough way to gauge the business: if
Capital Club really has 15,000 members and each paid about $365 a year, that would be around $5.5 million a year in revenue. That's a big "if." The member count is the company's own claim, not everyone pays for a full year, and revenue isn't profit after staff, events, software and taxes.

Our take:
Luke Belmar has very likely built a seven-figure business, and a personal net worth in the millions is plausible. But there's no document that confirms it, and the money inside
Capital Club is exactly what his former partner is suing over. Anyone quoting an exact figure is guessing.
The Capital Club Fraud Lawsuit
On September 11, 2025, Tan Boon Kiat, referred to in the filings as Steve Tan, sued
Luke Belmar, his wife and Capital Club LLC in the U.S. District Court for the District of Wyoming. The case is Tan Boon Kiat v. Theis, No. 2:25-cv-00214.
What Steve Tan alleges
Based on the court's January 2026 order, he claims that:
He and
Luke Belmar co-founded
Capital Club in 2022
Luke Belmar secretly launched Gem Hunters as a competing business and moved business resources and staff to it
Luke Belmar agreed to buy him out in late 2024, but after he handed over his credentials, he was locked out and never paidMore than $665,000 was moved to unidentified recipients, with a forensic review finding "untraceable transfers" and "circular fund movements"
Business and personal money were mixed, and the LLC paid personal expenses
What Luke Belmar argues
In counterclaims filed in January 2026,
Luke Belmar and his wife said keeping the shares in Steve Tan's name was a mutual decision for tax reasons, and that Tan's social media posts, which invited people to share bad experiences with
Luke Belmar, were defamatory and caused an estimated $12 million in damage.
What the judge has decided so far
Date | Ruling or Event | ||
|---|---|---|---|
Sept 11, 2025 | Lawsuit filed | ||
Oct 22, 2025 | Judge sets aside a default that had been entered against Capital Club LLC | ||
Jan 6, 2026 | Claims for conversion, breach of fiduciary duty and civil conspiracy dismissed. Fraudulent inducement and unjust enrichment claims allowed to continue | ||
Mar 30, 2026 | All four of | ) | |
Apr 24, 2026 | Initial pretrial order | ||
Aug 2026 | Motion to stay the case and a mediation entry on the docket | ||
Sept 23, 2026 | Sealed transcript filed |
As of October 1, 2026, the case is open. The mediation documents aren't public, so a settlement is possible but unconfirmed. No court has found
Luke Belmar liable for anything. Allegations that survive a motion to dismiss only mean the claims are legally strong enough to go forward, not that they're true.
What Capital Club Members Say
Capital Club has a 4.6 TrustScore from 1,813 reviews on Trustpilot. 85% are five stars and just 3% are one star. That's a much better rating than most programs in this space.
Two notes from Trustpilot itself, though. The page says the company "hasn't invited customers recently, so reviews may not be representative," and that it hasn't replied to negative reviews.
What Happy Members Praise | What Unhappy Members Say |
|---|---|
Premium in-person events and networking | Content is no better than free |
Lots of courses and weekly interviews for the price | The |
Meeting business partners and friends | Charged after cancelling, with fees not covered |
| "Overhyped," "just another course" |
A one-star review from August 2026 sums up the main complaint: the reviewer cancelled within a year, saying the content didn't go beyond free
YouTube material and the community was "a discord server full of teenagers." On the other side, a March 2024 reviewer argued that at $1 a day, the value is "well worth it."

Is Luke Belmar Legit?
He's a real entrepreneur running real businesses.
Capital Club has thousands of reviews, real events and named speakers, and Gem Hunters has a free tier anyone can check. That's more than a lot of online gurus can show.
But "legit" also means trustworthy with other people's money, and that question is unresolved. His former co-founder has accused him of fraud, a federal judge has let two of those claims go forward, and his crypto group sells calls in a market where its own website says most people lose.
In His Favor | Reasons for Caution |
|---|---|
Real, registered business with real events | Active federal fraud lawsuit from his co-founder |
4.6 |
|
Low annual price compared to most programs | Most of his backstory comes from his own marketing |
Free Gem Hunters tier to test first | Paid crypto calls are high risk |
What We Could and Couldn't Verify
Claim | Verified? |
|---|---|
Real name is Lucas Emanuel Uria Theis | Yes, federal court filings |
Formed Capital Club LLC in Wyoming in 2021 | Yes, per the court's orders |
Being sued for fraud | Yes, case 2:25-cv-00214, still open |
| Member-reported, not on the website |
$10 million net worth | No source found |
Came to the U.S. at 16 with $200 | Only in sponsored content |
Bought Bitcoin in 2016 | Only his own bio |
15,000+ | Only the companies' own figures |
Should You Join Capital Club or Gem Hunters?
If you're curious, start free. Watch his public content and try the free Gem Hunters tier before paying for anything. If
Capital Club reopens and you join, confirm the price, the renewal date and how to cancel before you pay, since several unhappy members say cancelling didn't go smoothly.
For Gem Hunters Premium, treat 1 ETH a year as money you could lose entirely, along with anything you invest based on the calls. If you'd rather build income than trade coins, our guides to making money online with zero investment and AI side hustles in 2026 are lower-risk places to start.
For comparison, see how other online money figures stack up: Iman Gadzhi's net worth and the companies he owns, Grant Cardone's lawsuits and net worth, Sam Ovens' net worth, and whether Charlie Morgan is legit.
Frequently Asked Questions
What is Luke Belmar's net worth?
There's no verified figure. The common "$10 million" estimate has no source. His businesses are likely seven-figure operations, but nothing public confirms his personal wealth.
What is Luke Belmar's real name?
Lucas Emanuel Uria Theis, according to federal court filings.
Where is Luke Belmar from?
His
YouTube channel shows an Argentine flag, and sponsored content says he moved to the U.S. at 16. Court filings say he lives in Puerto Rico.
How much does Capital Club cost?
Members report paying about $365 a year, or $1 a day. It's currently waitlist only.
Is Luke Belmar being sued?
Yes. His former co-founder sued him for fraud in federal court in Wyoming in September 2025. The case is still open, and he hasn't been found liable.
Is Capital Club a scam?
It's a real membership with real courses and events, and most Trustpilot reviewers are happy. The main risks are the unresolved lawsuit over how the business was run, and complaints that much of the content is available for free.
Bottom Line
Luke Belmar is a real entrepreneur with a huge audience, a well-reviewed $365-a-year membership, and a crypto calls group. His net worth is unknown, and his real name is Lucas Emanuel Uria Theis.
The thing that matters most in 2026 is the lawsuit. Until it's resolved, enjoy the content, start with what's free, and don't trust anyone,
Luke Belmar included, with money you can't afford to lose.

