Molly Bloom’s Net Worth 2022: What Does She Do for a Living?

Molly Bloom is an American entrepreneur, speaker, and author. She is a professional speaker and businesswoman in addition to being an author.

Molly rose to prominence after the publication of her memoir “Molly’s Game” and for hosting a high-stakes poker tournament. Her act drew the attention of some wealthy athletes and celebrities.

Not only that, but Molly’s most renowned work, which was also a bestseller, was adapted for film in 2017. Jessica Chastain played the lead role in the picture.

Net Worth: $500 Thousand
Date of Birth: Apr 21, 1978 (44 years old)
Place of Birth: Loveland, Colorado, U.S.
Profession: Entrepreneur, speaker, author
Nationality: American

Early Life of Molly Bloom

Bloom was born on April 21, 1978, in Loveland, Colorado, where she grew up. Her clinical psychologist father, Larry Bloom, is a professor at Colorado State University.

Her mother, Char, was a ski and snowboard teacher, professional fly-fisher, and clothing designer. Bloom’s mother is Christian and her father is Jewish.

Molly Bloom's Net Worth 2022

Her brothers are Jordan Bloom, a fellow in cardiothoracic surgery at Massachusetts General Hospital, and Jeremy Bloom, an Olympic skier and NFL player for the Philadelphia Eagles.

She was a competitive skier who was once rated third in the Nor-Am Cup season standings for women’s moguls skiers; however, she sustained an injury while attempting to qualify for the Olympics.

She attended the University of Colorado in Boulder, where she earned a Bachelor of Arts in Political Science with honors.

Molly Bloom’s Career

Molly Bloom relocated to Los Angeles in 2004 and worked as a bartender. Actor Tobey Maguire approached The Viper Room nightclub co-owner Darin Feinstein in 2004 about organizing a high-stakes poker tournament in the club’s basement.

To administer the game and serve the players, Feinstein hired Bloom. In order to sponsor poker events, Molly Bloom Inc. was registered by Bloom as her own firm in 2007.

With hands reaching $4 million, the games have advanced by 2008 to private residences and hotels like the Peninsula Beverly Hills.

Along with Maguire, many wealthy individuals, famous people, and athletes were known to attend the games, including Andy Beal, Leonardo DiCaprio, Alec Gores, Macaulay Culkin, Matt Damon, Ben Affleck, Alex Rodriguez, Nelly, Mary Kate Olsen, 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 as well as less respectable gamblers, whose bets were much lower than those in Los Angeles.

Bloom was issued a $116,133 tax lien in June 2010 for failing to pay the necessary taxes on her New York engagements.

Molly Bloom’s Net Worth

Molly Bloom’s net worth is estimated to be more than $5 million as of July 2022. He made $1 million by arranging a poker event and authoring a book.

Molly Bloom used to make a lot of money hosting and managing poker games. When it comes to poker events and competitions, she has one of the best names.

Many famous people attended the events he organized, including corporate executives, actors, and others. Molly Bloom is obsessed with social networking, but her father’s name is unclear.

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She appears to keep the information totally private. According to the most recent information regarding Molly Bloom, she has been leading a fairly tranquil existence.

This could be due to his heightened interest in ladies and vows to purchase them a slub. The majority of PokerStars games and tournaments featured a huge number of players and celebrities, including Ben Affleck.

Leonardo D’Sarno and Matt Damon She has succeeded in all of her endeavors because she gives excellent customer service. She is a terrific role model for young celebrities, and others should aim to be like her.

Molly Bloom’s Her Instagram Account

 

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Arrest and Punishment

As a result of a bankruptcy investigation into a Ponzi scheme organized by one of the players, Bradley Ruderman, one of Bloom’s games in Los Angeles was shut down in 2011.

Bloom was suspected of obtaining $473,000 from Ruderman’s bank to settle his debts and was sued by the bankruptcy trustee for $473,200; however, she denied being involved in the organization of unlawful gambling. Bloom had received money from Ruderman as part of the game.

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According to bank records, Bloom received 19 transfers between 2007 and 2008 totaling up to $57,500. Bloom was detained on April 16, 2013, and 33 other people were also accused with participating in a $100 million money laundering and illicit sports gambling scheme.

Molly Bloom's Net Worth 2022

Twelve people have been accused of racketeering by Preet Bharara, the United States Attorney for the Southern District of New York.

Others were accused of running illegal poker rooms in New York City as well as money laundering, extortion, and fraud.

The maximum sentence for Bloom, who was 34 at the time, was 10 years in jail, six years of probation, a fine of $1.5 million, or twice the amount earned from the crimes, or twice the amount lost by victims, plus a $200 special assessment.

Bloom entered a guilty plea to a lesser crime in May 2014, and as a result, he was given a probationary period of one year and 200 hours of community service.

Bloom’s attorney, Jim Walden, informed the court at the sentence that Bloom had a significant financial load and had agreed to forfeit $125,000 in poker winnings as part of the plea deal.

He claimed that Bloom, who worked for a real estate firm in Los Angeles, had “been ordered into the gambling industry” by her supervisor. Bloom later established her own illegal poker game in New York in 2009.

In the government’s sentencing brief, Assistant U.S. Attorney Joshua Naftalis stated that “vast sums of money were wagered at these games” and that for a period, her games were probably the biggest games in New York.

At the sentencing hearing, he informed the judge that the government thought Bloom played a “small role” in the scheme compared to many of the others who were indicted and that a sentence with no jail time was recommended.

Recognition & Achievements

There hasn’t been a competition reward given to Molly Bloom yet. In addition to numerous awards, the movie “Molly’s Game,” which was based on her autobiography, has received an Oscar nomination.

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He hoped she would soon win more accolades and be recognized for her books and other contributions. Molly has had a successful career and has always been a role model for ambitious women.

She has benefited greatly financially and professionally from her efforts. She is aware of a variety of initiatives taken to support the gaming sector, including the opening of game centers.

Molly Bloom's Net Worth 2022

Her career in movies has also significantly influenced her life. Through her work, she has earned a lot of cash and celebrity.

Frequently Asked Questions

What is Molly Bloom’s Height?

She stands 1.67 meters tall.

What Does Molly Bloom Do for a Living?

She is a memoirist, author, and business owner.

Molly Bloom is She Married?

Molly Bloom is single.

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