How Luke Belmar Made $42 Million In His 20s
incredible insights and wisdom I gained during my recent trip to Switzerland, where I had the privilege of meeting my friend, Luke Belmar. If you haven’t heard of him, Luke is a self-made millionaire who built his fortune online in his 20s. His journey is nothing short of inspiring, and the lessons he shared are invaluable for anyone looking to achieve financial freedom and personal growth.
>> How to make your first $100 online
In this blog, I’ll take you through the highlights of our meeting, Luke’s journey to wealth, his philosophy on investing, and his advice for aspiring entrepreneurs. Whether you’re just starting out or looking to take your success to the next level, there’s something here for everyone. Let’s dive in!
The Journey to Wealth
Luke’s path to wealth wasn’t a straight line—it was filled with ups, downs, and valuable lessons. He started his entrepreneurial journey with drop shipping and e-commerce, experimenting with branded stores, general stores, and social media arbitrage. But the real turning point came when he discovered cryptocurrency.
In 2016, Luke bought Bitcoin for just a few hundred dollars. By 2017, he had reinvested all his earnings from drop shipping into crypto, achieving a staggering 160x return. However, he lost it all because he didn’t understand market cycles. This setback could have crushed him, but instead, it fueled his determination.
Luke went back to e-commerce, made $16 million, and reinvested his profits into crypto in 2020. This time, his calculated risk paid off. His story is a testament to the power of resilience, positioning yourself for success, and increasing your odds of getting lucky.
From Humble Beginnings
Luke’s success is even more remarkable when you consider his humble beginnings. He grew up in a small village in Argentina and moved to the United States at 16 with just $200 in a suitcase. To make ends meet, he took on odd jobs like pressure washing basketball courts and washing dishes in restaurants.
The turning point in Luke’s life came when he discovered the power of self-education. He realized that he could transform himself into a different person by learning new skills and adopting a growth mindset. Through relentless self-improvement, he went from washing dishes to becoming a retired multi-millionaire in his 20s, living in Switzerland.
Luke’s story is a powerful reminder that your circumstances don’t define your future—your mindset and actions do.
Investing and Building Wealth
Luke is a firm believer in taking control of your financial future. He emphasizes that banks are not the safest place to leave your money because they invest and multiply it for their own benefit—something you should be doing for yourself.
To protect and grow your wealth, Luke recommends building a diversified basket of assets. His ideal portfolio includes:
1 kilo of gold
1 kilo of silver
10,000 Swiss Francs
10,000 US dollars
10,000 Singaporean dollars
Some Bitcoin
This strategy ensures that you’re well-protected during times of economic turmoil and positioned to capitalize on opportunities.
The Gift of Greatness
During our meeting, I had the pleasure of giving Luke a unique gift—a board wrapped with his logo. It was a symbol of his greatness and a token of our friendship. This moment reminded me of the importance of surrounding yourself with people who inspire and challenge you to be your best self.
The Path to Success
When I asked Luke why he and others like him have achieved success in their 20s while many struggle, he shared a powerful analogy. He compared the journey to success to riding a gondola to the top of a mountain. Many people believe they have to grind their way to the top, but the smarter approach is to learn from those who have already engineered the path and ride the gondola.
For aspiring entrepreneurs, Luke recommends starting with platforms like TikTok and running an e-commerce store. He stresses the importance of mastering branding, creating viral content, managing supply chains, and delivering exceptional customer service.
Overcoming Challenges
Luke’s journey wasn’t without its challenges. His lowest point came when he decided to pursue entrepreneurship, and his family rejected his decision. They wanted him to take a traditional nine-to-five job, but Luke was determined to prove them wrong—not with words, but with actions.
Through hard work and perseverance, he transformed himself into a successful entrepreneur, teaching his family by example. His story is a reminder that sometimes, the greatest obstacles come from those closest to us, but staying true to your vision can lead to incredible rewards.
Aspiring to Become a Billionaire
Luke’s ambitions don’t stop at being a millionaire—he aspires to become a billionaire. His plan is to build the largest decentralized entrepreneurial network in the world, known as Capital Club. His vision is to unite a million entrepreneurs from around the globe, focused on creating, multiplying, and preserving wealth and opportunity for all members.
This ambitious goal reflects Luke’s belief in the power of collaboration and community. He understands that true success isn’t just about personal wealth—it’s about creating value for others.
Leaving a Legacy
When I asked Luke what he wants people to remember him for, his answer was simple yet profound. He said he doesn’t care if people remember him—he just wants them to have a good life and make good decisions. His ultimate goal is for people to look at their own lives and say, “I did well.”
This mindset reflects Luke’s humility and his focus on empowering others. He believes that true success is measured not by wealth or fame, but by the positive impact you have on the world.
Pursue Your Fullest Potential
Meeting Luke Belmar was an unforgettable experience, and the wisdom he shared has left a lasting impression on me. His journey is a testament to the power of resilience, self-education, and calculated risk-taking.
As you reflect on Luke’s story and the lessons in this blog, I encourage you to pursue your fullest potential. Whether you’re just starting out or looking to take your success to the next level, remember that you have the power to create the life you want.
You got this. Until next time, peace out!
kys