Molly Bloom has a fascinating story of how she got started in the world of poker, how she was able to turn her knowledge of the game into a sustainable business, and how her background in online poker helped her become a leading figure in the online content industry.
Molly Bloom is an entrepreneur and author.
She is the author of Molly’s Game: The true story of a woman behind the world’s most exclusive, high-stakes underground poker game.
This blog will look at Molly Bloom’s start-up journey.
She wasn’t the typical entrepreneur, and she wasn’t doing the typical thing. She managed to create her own path, which is something we can all benefit from.
We can all learn something from her experience, and it may help us when we take our own entrepreneurial journey.
| Net Worth | $700 Thousand |
| Real Name | Molly Bloom |
| Profession | Professional Author/ Poker Host |
| Birth Date | 21 April 1978 |
| Origin | America |
| Height | 1.65 m |
Molly Bloom is one of the most famous American authors of all time. Besides being an author, she is a professional speaker and an entrepreneur. Molly got fame when her memoir “Molly’s Game” was released and for running a high stakes poker tournament as a host.
This act of hers was attracted by some wealthy sports persons and some celebrities. Not just that, the most famous book of Molly, which was best selling too, was taken for the film adaptation in 2017. The film starred Jessica Chastain, who was in the lead role.
As of 2022, Molly Bloom’s net worth is estimated to be about $700 Thousand, which is huge for such a pious author.
Early Life and Biography
Molly Bloom was born on the 21st of April 1978 in Loveland, Colorado, US. Her father’s name is Larry Bloom, while her mother is Char Bloom. Moreover, she was the third child of her parents.
If we talk about Molly’s parents, both of them are professionals in their fields. Larry is a clinical physiologist and a professor at Colorado State University.
Her mother is a ski and snowboarder and an instructor too. Molly’s elder brother is a surgeon, while her younger brother is an NFL football player and a part of one of the best teams, the Philadelphia Eagles.
Her early life was spent in her hometown, and she finished her educational career here. In the beginning, Molly attended the Loveland High School and joined the University of Colorado Boulder after graduation from the high school in 1996.
Four years of her life were spent in the university, and in the end, Molly got the degree of Bachelor of Arts in Political Sciences in 2000. She started her career in two ways, as a writer and a skier like her younger brother.
Personal Life
Molly Bloom and Devin Effinger were in a relationship and lived together for many years before getting married. The couple got married in 2019, and they welcomed a daughter in February 2022 named Fiona.
| Official Name | Molly Bloom |
| Father’s Name | Lary Bloom |
| Mother’ Name | Char Bloom |
| Siblings | 3 |
| Spouse | Devin Effinger |
| Children | Fiona Effinger |
How Did Molly Get So Rich?
As we know, many ups and downs are a part of our life. During the 1988 Winter Olympics,
Molly injured herself in a training session, and this was the end of her ski career. Afterward, Molly moved to Los Angeles in 2004 and decided to start a career in business. Initially, she became a barmaid in a bar in Los Angeles.
After a few years, she met the owner of The Viper Room nightclub, Darin Feinstein. Also, at the same time, she met Tobey Maguire, an actor. This was the reason for Molly’s interest in the poker games. At first, Darin hired her to cater to the poker players and manage the games. By doing this, she was earning around $10,000.
As we all know, Molly’s main career was hosting poker games. In this regard, she started her own company in 2008. She registered it with the official name “Molly Bloom Inc.” Molly managed to sign contracts with many catering companies and some other companies of related kinds.
In a few years, she went as high as $5 to $10 Million, and many of the poker games she hosted took place in mansions and the most expensive hotels. All of this gave Molly about $100,000 in a few months.
By doing such a job, Molly now has connections with many big celebrities like Leonardo DiCaprio, Ben Affleck, Matt Damon, Macaulay Culkin, and many more celebrities.
From all of this work, Molly Bloom’s net worth will be about $700 Thousand in 2022.
Molly Bloom’s Arrest
One of Bloom’s games in Los Angeles was shut down in 2011 as part of a bankruptcy investigation into a Ponzi scheme run by one of the players, Bradley Ruderman.
Bloom received money from Ruderman as part of the game, and with this, she was accused of receiving $473,000 from Ruderman’s bank account to settle his debts and compensate her for organizing illegal gambling. Of course, Bloom denied these allegations and that she was never part of the gambling.
Each of the 40 criminals also faced a maximum penalty of 10 years in prison. The arrest also included six years of supervised release, a fine of $1.5 million, and a $200 special assessment.
Bloom pleaded guilty the next year to a lesser charge, and she was sentenced to one year of probation plus 200 hours of community service.
Summary
Molly gained the title of “Poke Princess” in return for the passionate work she did at poker tournaments. Also, she is best known for this title. In the 2000s, she created her own company as she became a sensation of that time. Molly Bloom will always be remembered whenever the poker tournament happens.
As of 2022, Molly Bloom’s net worth is roughly about $700 Thousand, which is huge and will grow more in the future.
Molly Bloom: FAQs
What is Molly Bloom doing now?
Molly Bloom lives in Colorado. She has decided to get started amid all the circumstances. It is a business that helps women who love creative coworking spaces. Its purpose is to network among themselves as she has encouraged women who are happy with creative coworking spaces.
Is Molly Bloom rich?
Molly Bloom has a total of $500 thousand net worth for being an entrepreneur, author, and speaker.
