Last Updated on September 22, 2023
Luke Belmar is an Argentina-born American entrepreneur, investor, and internet star.
Belmar has involved himself in a number of successful business ventures over the years. However, he’s probably best known for sharing ‘make money online’ videos on his YouTube channel and other social media platforms. The videos address various online income-generating opportunities, with emphasis on dropshipping.
Dropshipping is a retail fulfillment model where a seller doesn’t maintain real inventories. Instead, the products featured on their e-commerce store belong to third-party entities – manufacturers, wholesalers, or other partner retailers.
When a potential buyer places an order, the seller channels the order to the actual inventory owner, who ships the products to the buyer using the seller’s information. The seller and inventory owner then split the profits as spelled out in their affiliate agreement.
Although it appears like a quick way to make millions online, dropshipping requires a great deal of patience and time commitment.
In addition to his success in dropshipping, Luke Belmar is also the co-founder of Capital. Moreover, he’s credited for establishing the world’s third-largest Instagram growth agency, boasting over 14,000 monthly customers spread across 9 countries.
Luke Belmar Quick Facts
|Popular Name:||Luke Belmar|
|Net Worth:||USD 10 million (as at September 1, 2023)|
|Source of Wealth:||Entrepreneurship, Social Media, and Other Ventures|
|Height:||5′ 10″ (1.78 m)|
|Weight:||In kilograms: 74 kg; In pounds: 163 lbs.|
Early Life and Career Information
Luke Belmar was born in Argentina in 1998. His exact date and town of birth are unknown. However, Luke has disclosed that he was raised in a small Argentine village located right outside Buenos Aires. Considering his year of birth, his current age is 25 or 26 years.
Belmar has also kept his family affairs under wraps. There’s no information on the identity of his parents, except that both were blue-collar workers with modest means.
However, the young and rich entrepreneur has a brother named Nate, with whom they share a close relationship.
Luke Belmar reportedly has a high school diploma from a school in his birthplace in Argentina. However, the names of the schools he attended are unknown.
After graduating from high school, Belmar later joined college in the United States. He attended college for a few months before dropping out to pursue his entrepreneurial dreams.
Part of the reason he left college is that he disliked the educational system, which he felt couldn’t prepare him enough for his ambitions.
Luke Belmar demonstrated curiosity in entrepreneurship from a fairly tender age. Although he excelled academically, Belmar’s burning desire to launch a business venture saw him leave college.
Belmar spent the first 16 years in his birth country before relocating to the United States. He had only $200 in savings when he arrived in the US. But despite his limited finances, the young Luke was not about to let anything derail his business ambitions.
Belmar accepted a number of odd jobs to make ends meet as well as put together the financial resources he needed to launch his first business. Among these were working as a bathroom cleaner and pressure-washing basketball courts. He used part of his savings to enroll in college before eventually dropping out. He continued accepting odd jobs to sustain himself.
Belmar first became an investor through cryptocurrencies. He dedicated a significant amount of his time after leaving college to learning about different cryptocurrencies, such as Bitcoin.
The aspiring entrepreneur invested about half of his income in Bitcoin. His initial investments increased more than 100-fold. However, Luke Belmar chose not to cash out.
Unfortunately, the crypto bull run during this period resulted in massive losses and Belmar forfeited all earned interest.
But Belmar was not about to let this setback put him down. He used the experience to learn more about cryptocurrency, eventually leveraging his skills to make appropriate investments.
After investing in cryptocurrency for a while, Belmar decided to venture into e-commerce firms as a side gig. He launched his first dropshipping company in 2016 and generated sales via social media advertisements. Luke’s excellent product choice saw him rake in millions from his new e-commerce venture, and he eventually quit other engagements to focus fully on dropshipping.
Belmar went on to launch tons of other e-commerce enterprises. In August 2019, he teamed up with fellow investors – Evan Steve and Steve Tan – to establish Capital Club.
Capital Club is a business consultancy and services group founded with the mission of becoming the world’s largest decentralized entrepreneurial network. The company presently has 50 – 200 employees, with Belmar serving as its current president.
Belmar undertakes his other business engagements via social media. He has a YouTube channel with 267,000 subscribers.
Below are the five most popular videos on the channel;
• Luke Belmar Visits Andrew & Tristan Tate – Posted 10 months ago, has garnered over 2.4 million views
• Luke Belmar Buys $10,000 Suit with Tristan Tate – Posted 9 months ago, has garnered 706,000 views
• Luke Belmar Shares SECRET to $10,000,000+ – Posted 1 year ago, has garnered over 455,000 views
• Luke Belmar Visits Dubai – Posted 5 months ago, has garnered over 215,000 views
• Luke Belmar Exposes The Swiss Banking Fraud – Posted 3 months ago, has garnered over 175,000 views
Belmar has a presence across other social media platforms besides YouTube. He has racked up 289,000 followers on Instagram.
As already pointed out, Luke Belmar is rather secretive about his private life. However, what we know is that his primary residence is in Miami, Florida.
Belmar is also single at the moment and has not had children with any previous girlfriends.
Luke Belmar’s Net Worth
Luke Belmar is around $10 million rich. His wealth is a result of years of hard work and ruthless determination.
Belmar earned his first paychecks from trading in cryptocurrencies. His next millions came from e-commerce, particularly dropshipping. He then became a multimillionaire through Capital Club.
Luke likely also earns from social media. Although he only has a few YouTube videos, the posts have generated incredible engagements.
Some reports indicate that Luke’s investment portfolio also includes real estate, renewable energy, and healthcare.
Lessons from Luke Belmar
1. Keep your private life to yourself
Publicity is a double-edged sword. The attention that comes with being a public figure can be the right fodder you need to grow your brand.
On the flip side, it can put a lot of strain on your private life. That explains why celebrities like Luke Belmar have chosen to keep their private lives to themselves. Little is known concerning the entrepreneur’s family.
2. Respect humble beginnings
Some people were born with a silver spoon in their mouths. Others came to the world with virtually nothing, and attribute their wealth primarily to their hard work.
Belmar belongs in the latter category. Not only was he born to underprivileged parents. He also struggled to set up his first business venture and had to work odd jobs just to make ends meet.
3. Diversify your income
Income diversification is a key investment tip. Many millionaires earned their wealth from pursuing several income-generating activities.
Luke Belmar is one smart investor. Belmar has had his finger in every pie, from cryptocurrency to dropshipping, real estate, to mention but a few.
Famous Quotes by Luke Belmar
• Don’t do what billionaires say, do what billionaires do. There is a big difference.
• Money tends to run away from those pursuing it, yet it’s easily attracted by those who are at a level to understand that money is nothing more than monopoly money.
• The only three things you truly have in life is your time, energy, & reputation. Protect these things.
Luke Belmar is an accomplished entrepreneur who launched his business career in cryptocurrency before finding his footing in other sectors. The Argentine-born American citizen has amassed a $10 million net worth from his various entrepreneurial engagements.