Molly Bloom Net Worth: A Deep Dive into the Poker Princess Fortune
Molly Bloom, an American entrepreneur, speaker, and author, has a net worth of $500 thousand. she wrote the memoir “Molly’s Game,” which was adapted into a film in 2017. Originally training to be an Olympic skier, she turned to organizing high-stakes poker games in Los Angeles, attracting celebrities and sports figures. After pleading guilty to reduced charges in 2013, she was fined $200 thousand and sentenced to probation. Her brother, Jeremy Bloom, is a former Olympic skier and NFL player.
Who Is Molly Bloom?
Molly Bloom is an American entrepreneur and author best known for her role in organizing high-stakes poker games that attracted celebrities and high-profile individuals. Born on April 10, 1978, in Loveland, Colorado, Bloom’s career in poker came to a dramatic end due to legal issues related to running an illegal gambling operation. Her experiences were chronicled in her memoir, “Molly’s Game,” which was adapted into a film directed by Aaron Sorkin. Bloom now works as a public speaker and consultant, sharing insights from her unique and tumultuous career.
Molly Bloom Age Height & Weight
As of 2024, Molly Bloom is 46 years old. She stands approximately 5 feet 10 inches (178 cm) tall and weighs around 140 pounds (64 kg). Bloom has dark brown hair, which she often styles sleekly, and striking blue eyes. Her physical appearance complements her poised and professional demeanor, reflecting her high-profile career in poker and her public engagements as an author and speaker.
Early Life and Athletic Career
Born on April 21, 1978, in Loveland, Colorado, Molly Bloom grew up in a family that valued excellence. Her father, a psychologist, and her mother, a professional fly-fisher, instilled in her a strong work ethic and determination. Bloom’s brother, Jeremy Bloom, is a former Olympic skier and NFL player, which only added to the competitive spirit within the family.Molly’s own athletic career began on the slopes. She quickly rose through the ranks to become a world-class skier, even making it to the National Development Group after securing third place in North America. However, her dreams of Olympic glory were cut short by a severe scoliosis diagnosis, which required her to undergo surgery. Despite this setback, Molly’s indomitable spirit kept her moving forward.
The Shift from Skiing to High-Stakes Poker
After her skiing career ended, Bloom pursued a degree in political science at the University of Colorado. She initially had plans to attend law school but found herself drawn to the vibrant and lucrative world of underground poker in Los Angeles. What started as a side job to make ends meet soon evolved into a full-fledged career. At just 25 years old, Molly Bloom was orchestrating poker games that attracted the elite of Hollywood, including Leonardo DiCaprio, Tobey Maguire, and Ben Affleck.These games were no ordinary poker nights; the stakes were incredibly high, with pots sometimes reaching over $100 million. Bloom’s games became legendary, not only for the money involved but also for the secrecy and exclusivity that surrounded them. Her memoir, Molly’s Game, later turned into a Hollywood film starring Jessica Chastain, offers a glimpse into this glamorous yet perilous world.
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Legal Troubles and the Fall from Grace
Molly Bloom’s success in the poker world came at a high cost. In 2013, she was arrested and charged with running an illegal gambling operation and money laundering. Facing the possibility of a ten-year prison sentence, Bloom chose to plead guilty in exchange for a lighter sentence. She was sentenced to one year of probation, a $1,000 fine, and 200 hours of community service. This marked a significant fall from grace for someone who had once been at the top of the social ladder in Hollywood.
Reinvention and Current Endeavors
After her legal troubles, Molly Bloom had to start over from scratch. She channeled her energy into writing her memoir, Molly’s Game, which not only became a bestseller but also caught the attention of Hollywood. The film adaptation, directed by Aaron Sorkin, grossed nearly $60 million worldwide, further cementing Bloom’s place in popular culture.Today, Molly Bloom is far removed from the world of underground poker. She is a motivational speaker, podcast host, and advocate for women’s empowerment. In 2020, she co-founded the One World Group with her husband, neuroscientist Devin Effinger. The group focuses on creating coworking spaces where women can thrive and support each other. Bloom also hosts the podcast Torched, where she delves into Olympic controversies and the high cost of athletic greatness.
Personal Life and Family
Molly Bloom’s personal life has been as eventful as her career. In September 2019, she married Devin Effinger in a picturesque ceremony at Piney Lake, Colorado. The couple welcomed their first child, a daughter named Fiona, on February 8, 2022. Despite the challenges she has faced, Bloom has found stability and happiness in her family life, continuing to inspire others with her story of resilience and reinvention.
FACTS
- Estimated Net Worth: Molly Bloom’s estimated net worth is around $500,000 to $1 million as of recent years.
- Primary Source of Wealth: She amassed her wealth from organizing high-stakes poker games for celebrities, athletes, and business tycoons.
- Legal Troubles: Molly faced legal issues, including a $125,000 fine and a one-year probation sentence after pleading guilty to illegal gambling.
- Book and Film Success: She authored a memoir, Molly’s Game, which was later adapted into a successful film, boosting her public profile and income.
- Public Speaking and Consulting: Post-legal issues, Molly has also made money from public speaking engagements and consulting on topics like resilience and overcoming adversity.
- Current Financial Ventures: Molly has been involved in various entrepreneurial ventures, including wellness and motivational speaking, but none have significantly increased her net worth.
FAQs
Who is Molly Bloom?
Molly Bloom is a former high-stakes poker game organizer known for running exclusive poker games attended by celebrities, athletes, and business moguls. She is also the author of the memoir Molly’s Game.
What is Molly Bloom’s net worth?
Molly Bloom’s net worth is estimated to be between $500,000 and $1 million, largely accumulated from her poker organizing career and subsequent ventures.
What was Molly Bloom’s legal trouble?
Molly was arrested and charged with illegal gambling, leading to a $125,000 fine, forfeiture of assets, and a one-year probation sentence after she pled guilty.
Is the movie Molly’s Game based on her life?
Yes, the movie Molly’s Game, directed by Aaron Sorkin, is based on her memoir, which details her experiences in the underground poker world.
What does Molly Bloom do now?
Molly is currently involved in public speaking, motivational speaking, and consulting, focusing on themes like resilience, overcoming adversity, and entrepreneurship.
Conclusion
Molly Bloom journey from a competitive skier to a high-stakes poker game organizer, and eventually a motivational speaker and author, is a tale of resilience and reinvention. Despite facing significant legal challenges, she managed to pivot her life and career, leveraging her experiences into a successful memoir and film.
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