Curious...I've tried various companies in the <$50 range, and they all split/wear fairly quickly, in one way or another - either the layers of leather split apart, or the belt badly wears at the spot where I usually buckle it it, to the point where I feel embarrassed to wear it. So these are not super-high-end, but basic companies like Calvin Klein, Perry Ellis, Nautica, Nordstrom.
The only exception I've found has been 2 belts I got from Costco for ~$20. One got lost, and the other still looks great despite being worn almost daily for 3 years. Unfortunately, Costco stopped selling these belts.
So I'm curious to hear other people's thoughts, suggestions, etc.