Capital Club · Content Creation · Entrepreneurship · Trading · United States
Luke Belmar (legal name Lucas Emanuel Uria Theis) is an Argentine-born entrepreneur and online creator who founded Capital Club, a paid annual membership for entrepreneurs, and the crypto community Gem Hunters.
Luke Belmar is the public name of Lucas Emanuel Uria Theis, as stated in federal court filings where he appears as "Lucas Emanuel Uria Theis, a.k.a. Luke Belmar". He is an entrepreneur and online creator who talks about e-commerce, cryptocurrency and wealth building. According to a GOBankingRates profile by Kristopher Kane (April 27, 2024, republished by Yahoo Finance), he grew up in a small village in Argentina, moved to the United States at 16 and worked manual jobs before turning to dropshipping, e-commerce and, from 2017, crypto investing. The same article reports a net worth of $42 million; that figure comes from his own statements in an interview and has no independent source. His date of birth has not been found in a public source.
He is listed as "Founder of Capital Club" on the club's official website, which is operated by Capital Club LLC. A complaint he filed in December 2025 describes Capital Club LLC as a Wyoming company with its principal place of business in Puerto Rico, and states that he also founded Ecom Society LLC, described there as an e-commerce education platform, and DBH Digital LLC, which does business as Gem Hunters, a cryptocurrency education platform. The Gem Hunters website names him as its founder.
His YouTube channel (@LukeBelmarX), which links to his X account @lukebelmar, had 449,000 subscribers when checked on September 14, 2026. Its RSS feed shows the most recent upload, titled "The end of phase one", on September 23, 2023. Much of his visibility comes from guest appearances on podcasts and interview channels, such as the Jack Neel Podcast.
Capital Club is sold as an annual membership. Its terms of service describe an annual membership that renews automatically and can be cancelled, a full refund within 14 days of payment, and course materials for personal educational use. The website describes VIP dinners, summits, mastermind sessions, financial reports and networking, and claims more than 15,000 members in more than 73 countries; that number is the company's own claim. The official site does not show a price and sends members to a login page, so the current fee could not be confirmed. Prices for Capital Club that appear on third-party review and course-resale sites were not used.
Gem Hunters has a free group and a Premium tier that costs 1 ETH per year according to its website, payable in crypto or by card. Premium includes private lobbies with every trading call, livestreams with its analyst team and "Gem Academy" courses and guides. The site names BloFin as its "official trading partner" and publishes its own figures for win rates and member profits; none of these figures has been independently verified.
On reputation, the main public record is a dispute with his former business associate Tan Boon Kiat (Steve Tan). On September 11, 2025, Tan filed a federal civil lawsuit in the U.S. District Court for the District of Wyoming (Tan Boon Kiat v. Theis, No. 2:25-cv-00214) against Belmar, Capital Club LLC and another defendant, alleging misrepresentation and related claims over the control and finances of the Capital Club business. These are allegations and have not been decided by the court. Belmar's lawyers entered appearances in October 2025. The CourtListener docket shows a motion to stay the case and a mediation entry on August 25, 2026, and no termination date as of September 14, 2026. On December 9, 2025, Belmar, Capital Club LLC, Ecom Society LLC and DBH Digital LLC sued Tan for defamation and tortious interference in the U.S. District Court for the District of Puerto Rico (Theis v. Tan, No. 3:25-cv-01661). That complaint denies that Tan was ever an owner or partner of Capital Club LLC and says the Wyoming suit was filed to cause reputational harm. The docket shows notices of voluntary dismissal and a judgment entered on August 31, 2026. The text of those orders was not publicly available, so the terms of how that case ended could not be confirmed.
No individual registered under "Luke Belmar" or "Lucas Theis" appears in FINRA BrokerCheck, and an SEC EDGAR full-text search for "Belmar" together with "Capital Club" returned no filings; both were searched on September 14, 2026. Web searches for his name together with the words lawsuit and news on September 13, 2026 did not find coverage of the lawsuit in major U.S. newspapers; the reports found were on crypto news sites and social media, which are not cited here.
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Facts checked on Sep 14, 2026.
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| Program | Type | Published price | Link |
|---|---|---|---|
| Capital Club Membership An annual membership for entrepreneurs that renews automatically. According to the official site, it includes courses and series, financial reports, networking, VIP dinners and summits. The terms offer a full refund within 14 days of payment. The price is not published on the official site. | Community | Not published Checked Sep 14, 2026 | View |
| Gem Hunters Premium A crypto research community with private lobbies, every gem, meme and leverage call, a call archive, livestreams with its analyst team and Gem Academy courses and guides. According to its website, it costs 1 ETH per year, payable in crypto or by card. A free tier is also available. | Community | Not published Checked Sep 14, 2026 | View |
Prices are those published by the mentor on the date checked and may change. “Not published” means we couldn't find a public price.
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Luke Belmar is the public name of Lucas Emanuel Uria Theis, an Argentine-born entrepreneur and online creator. He founded Capital Club, a paid membership network for entrepreneurs, and is named as the founder of the crypto community Gem Hunters. According to a 2024 GOBankingRates profile, he moved to the United States at 16.
The official Capital Club website does not publish a price. Its terms describe an annual membership that renews automatically, with a full refund available within 14 days of payment. Prices listed on third-party review and resale sites are not official and are not shown here.
Gem Hunters is a crypto research community that names Luke Belmar as its founder. According to its website, it has a free group and a Premium tier at 1 ETH per year, which includes every trading call, private lobbies, livestreams and Gem Academy courses. Its win-rate and profit figures are its own claims.
Mentor Explorer doesn't give verdicts. Here is what can be checked: Capital Club LLC publishes terms with a 14-day refund policy. Belmar is a defendant in a federal civil suit filed by Steve Tan in Wyoming in 2025, which alleges misrepresentation and has not been decided. His own defamation suit against Tan in Puerto Rico ended with voluntary dismissals and a judgment on August 31, 2026. He does not appear in FINRA BrokerCheck (searched September 14, 2026).
In September 2025, Steve Tan (Tan Boon Kiat) sued Belmar and Capital Club LLC in federal court in Wyoming over the control and finances of the Capital Club business. In December 2025, Belmar and his companies sued Tan for defamation in Puerto Rico, denying that Tan was ever an owner of Capital Club LLC. The Puerto Rico case was closed in August 2026. The Wyoming case was still open on September 14, 2026, with a stay motion and a mediation entry on the docket.
Web searches on September 13, 2026 found no independent press review of Capital Club or Gem Hunters. What is on public record is a 2024 GOBankingRates profile based on his own interview and the two federal court cases involving Steve Tan.
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