What is the Net Worth of Molly Bloom?

Molly Bloom Net Worth is US$ 500 Thousand a of January 2023.

Net WorthUS$ 500 Thousand
BornApril 21, 1978 (46 Years)
GenderFemale
Height5’ 5’’
HoroscopeTaurus
Country of OriginUnited States of America
Source of WealthEntrepreneur, Speaker, Author
Marital StatusMarried
SpouseDevin Effinger (m. 2019)
ChildrenFiona Effinger
Famous ForAuthor of Molly’s Game

Biography

American businesswoman Molly Bloom also speaks frequently and wrote the 2014 book Molly’s Game. She had put in years of training to become an Olympic skier. However, she got hurt while attempting to get in.

She was accused of operating a high-stakes poker game that started in the Viper Room in Los Angeles and drew rich people, athletes, and Hollywood celebrities in April 2013. She was sentenced to one year of probation, a US$ 200,000 fine, and 200 hours of community service in May 2014 after entering a guilty plea to lesser counts. She was also forced to give over US$ 125,000 in revenue from the games she ran.

In December 2017, the movie Molly’s Game was released based on her novel and starring Jessica Chastain and Aaron Sorkin.

Timeline

2004

After relocating to Los Angeles, Bloom worked as a bartender.

2007

To stage poker tournaments, Molly Bloom Inc. was established by Bloom as her corporation.

2009

Bloom relocated to a high-rise on Manhattan’s Upper West Side next to Lincoln Center.

2011

As part of a bankruptcy investigation into a Ponzi scam led by Bradley Ruderman, Bloom’s Games in Los Angeles was shut down.

2013

As part of a $100 million money laundering and illicit sports gambling scheme, Bloom was detained and charged alongside 33 other people.

2014

Molly’s Game, Bloom’s memoir on her experiences, was released.

Early Life

Bloom was raised in Loveland, Colorado, where he was born on April 21, 1978. Larry Bloom, her father, is a professor at Colorado State University and a clinical psychologist. Her mother, Char taught ski and snowboarding and was a professional fly fisher with her clothing brand. Although her father is Jewish, Bloom’s mother is a Christian. Jordan Bloom, a heart surgeon at Massachusetts General Hospital, and Jeremy Bloom, a former American Olympic skier and current Philadelphia Eagles professional football player, are her brothers. She was a talented skier who once finished third among women’s mogul skiers in the Nor-Am Cup season rankings. Unfortunately, molly later sustained an accident while attempting to meet the Olympic qualification requirements. She studied political science at the University of Colorado Boulder and earned a Bachelor of Arts.

Career

Bloom relocated to Los Angeles in 2004 and worked as a bartender. In 2004, Darin Feinstein, co-owner of The Viper Room nightclub, was contacted by actor Tobey Maguire about organizing a high-stakes poker tournament in the basement of the club. To administer the game and serve the players, Feinstein hired Bloom. Bloom registered Molly Bloom Inc. as her firm to sponsor poker events in 2007. With hands reaching US$ 4 million, the games have advanced by 2008 to private residences and hotels like the Peninsula Beverly Hills. Together with Maguire, many wealthy individuals, famous people, and athletes were known to attend the games, including Leonardo DiCaprio, Andy Beal, Alec Gores, Matt Damon, Macaulay Culkin, Ben Affleck, Nelly, Mary Kate Olsen, Alex Rodriguez, and Ashley Olsen.

Underground poker games were less popular once the 2008 recession hit, and in 2009 Bloom relocated to a high-rise on Manhattan’s Upper West Side close to Lincoln Center. She started running games in a private apartment at the brand-new Astor Place and in suites at the Plaza Hotel, which had staff members hired from the upscale nightclub 1 Oak and used the same high-tech dealing equipment as casinos. Although raids on underground games forced them to leave New York, Bloom had fewer connections there. As a result, Bloom attracted wealthy Wall Street businessmen and less good gamblers, whose bets were much lower than those in Los Angeles. Bloom was issued a US$ 116,133 tax lien in June 2010 for failing to pay the necessary taxes on her New York engagements.

Molly Bloom Net Worth Growth

Molly Bloom’s net worth and earnings from her profession are estimated to be US$ 500 thousand. Molly Bloom amassed wealth by participating in high-stakes poker games and starting businesses. His prosperous poker, business, and writing career is the primary driver of Molly Bloom’s net worth.

Highlights

Here are some best highlights of Molly Bloom’s career:

  • Molly’s Game (Book, 2014)
  • Molly’s Game (Film, 2017)

Favorite Quotes from Molly Bloom

Favorite Quote 1 from Molly Bloom

“There’s something that happens to people when they see the opportunity to make money. Greed flavored with desperation, especially at a poker table, gives rise to a moment when the eyes change, the humanity vanishes, and the players become bloodthirsty, flat-eyed predators.”

Molly Bloom
Favorite Quote 2 from Molly Bloom

“I wasn’t born with a way to get it, like my brothers. I was waiting for my opportunity and somehow I knew it would come.”

Molly Bloom

Key Life Lessons from Molly Bloom

We now know everything about Molly Bloom and her net worth. Let’s look at some of her lessons.

  • Find discipline in both your habits and mind
  • Life is about relationships
  • Look for opportunities to innovate

Frequently Asked Questions

What is the net worth of Molly Bloom?

Molly Bloom’s total net worth is around US$ 500 thousand.

How old is Molly Bloom today?

Molly Bloom is 45 years old. He was born on April 21, 1978.

Is Molly Bloom married?

Yes, Molly Bloom has married neuroscientist Devin Effinger since 2019.

Who played Molly Bloom in the movie?

In Molly’s Game, American actress Jessica Chastain portrays Molly Bloom.

Summary

Molly Bloom is an American businesswoman and author who wrote the 2014 book Molly’s Game. She was accused of operating a high-stakes poker game in 2013 and was sentenced to one year of probation, a US$ 200,000 fine, and 200 hours of community service. In December 2017, the movie Molly’s Game was released based on her novel and starring Jessica Chastain and Aaron Sorkin. Bloom was raised in Loveland, Colorado, and was a talented skier who once finished third among women’s mogul skiers in the Nor-Am Cup season rankings. She studied political science at the University of Colorado Boulder and earned a Bachelor of Arts.

Molly Bloom’s net worth and earnings from her profession are estimated to be US$ 500 thousand, driven by her involvement in high-stakes poker games and starting businesses. She was issued a US$ 116,133 tax lien in 2010 for failing to pay the necessary taxes on her New York engagements.