Molly Bloom’s estimated net worth is about $2 million. She was discovered by the FBI to have been involved in illegal underground poker games and got ripped off of all her money.
Molly is a former high-stakes poker hostess who gained worldwide attention for her involvement in an exclusive underground poker ring that catered to wealthy celebrities, athletes, and business tycoons. Molly Bloom’s story was chronicled in her memoir, “Molly’s Game,” which was later turned into a successful movie.
What Is Molly Bloom’s Net Worth Now?
Molly Bloom’s net worth and current financial situation are not publicly disclosed, and it is difficult to accurately estimate her current wealth. However, her net worth is estimated to be around $2 million dollars as she earns majorly as a public speaker. The estimated speaking fee range to book Molly Bloom for live events is $30,000 – $50,000 and for virtual events, $20,000 – $30,000.
She can be booked for (private) corporate events, personal appearances, keynote speeches, or other performances. Additionally, she has earned royalties from the sales of her memoir and other related merchandise. While the exact amount of her earnings are not known, it is believed that the movie provided her with a significant financial boost.
How Much Money Did Molly Bloom Lose?
Over the years, there has been speculation about how much money Molly lost, whether she ever got her money back, her net worth, and her current status. Let’s delve into the details.
Molly Bloom rose to fame in the early 2000s when she hosted high-stakes poker games in Los Angeles and New York City; both in the United States of America. It is estimated that the total amount of money that exchanged hands in these games was to the tune of millions of dollars.
Molly Bloom’s troubles began in 2010 when she was penalized $116,133 for failing to pay taxes on her New York events. From that point on, everything started to go wrong for the Hollywood poker princess. Molly Bloom pleaded guilty to the accusations of practicing an illegal underground poker game a year later, in 2014, on the recommendation of her lawyer, Jim Walden, and was sentenced to one-year probation and a $1000 fine. During her one-year probationary period, she was also required to complete 200 hours of community service.
Molly was Later Detained in April 2013
As soon as she was cleared of the charges, she was detained again in April 2013 together with thirty-three other people, including Alec Gores, for participating in illegal poker game events. Investigations into her customers’ involvement in Ponzi schemes uncovered her affairs and ultimately resulted in their arrest and incarceration. They were all charged with different offenses, but because Molly Bloom was the manager, she received penalties of up to 10 years in jail, 6 years of post-release supervision, $1.5 million in fines, and a $200 special assessment.
Apart from the legal consequences, Molly Bloom’s financial losses were also attributed to her own mismanagement of funds. In her memoir, she admitted to engaging in reckless spending, including extravagant purchases and a lavish lifestyle fueled by her involvement in the high-stakes poker scene. She also mentioned that making poor financial decisions, including borrowing money from the players in her games to cover her own expenses, ultimately resulted in debt accumulation.
Did Molly Bloom Get Her Money Back?
As for whether Molly Bloom ever got her money back, it is unclear. In her memoir, she mentioned that she had lost a significant amount of money in legal fees and fines associated with her arrest and guilty plea.
She also claimed that she had paid back a portion of the money she owed to players who lost money in the poker games. However, it is not known if she was able to fully reimburse all the players or recoup all her losses. She was reportedly bankrupt after all these money-draining experiences.
What Celebrities Were Involved with Molly Bloom?
One of the most intriguing aspects of Molly Bloom’s story is the involvement of A-list celebrities and high-profile individuals in her poker games. In her memoir and court testimonies, she revealed that actors, athletes, and business moguls participated in her games, but she refused to disclose their identities.
This led to widespread speculation about who the mysterious players were, and many people were eager to learn their identities. Despite the speculation, Molly Bloom has remained tight-lipped about revealing the identities of her high-profile clients.
How Much Did Molly Bloom Make from the Movie?
Molly Bloom’s story gained even more attention when it was made into a movie. “Molly’s Game,” directed by Aaron Sorkin and released in 2017. It starred Jessica Chastain as Molly Bloom and received critical acclaim.
The movie delved into the glamorous and dangerous world of underground poker and the legal battles that followed. While the movie was not a huge box office success, grossing around $59 million worldwide, it garnered positive reviews and was praised for Chastain’s performance as Molly Bloom.
It is reported that she received a substantial sum for the rights to her story and served as a consultant on the movie. She was reportedly paid approximately $5.9 million dollars.
Where Is Molly Bloom Now and What Is She Doing?
Molly Bloom has kept a relatively low profile since her legal troubles. After her probation ended in 2017, she focused on rebuilding her life and pursuing new opportunities. She has been involved in public speaking engagements, sharing her story and insights on overcoming challenges and taking risks. She has also expressed an interest in writing and entrepreneurship, leveraging her experiences to inspire and educate others.
Molly Bloom has continued to be discreet about revealing the identities of the celebrities and high-profile individuals who participated in her poker games. Despite media speculation and curiosity from the public, she has remained steadfast in protecting their privacy, as she had previously stated in her memoir and court testimonies. This has maintained the allure and mystique surrounding her story and the identities of her former clients.
In addition to her public speaking engagements and potential writing endeavors, Molly Bloom has also been involved in charitable activities. She has expressed a desire to use her experiences to help others and has been involved in philanthropic efforts to support causes such as education and women’s empowerment. Her philanthropic work aligns with her efforts to rebuild her public image and move forward from her past legal issues.
Molly Bloom has Remained Resilient in Her Quest for a Better Life
Molly Bloom’s story is one of intrigue, glamour, and challenges. Despite the legal issues, financial setbacks, notoriety, and other challenges, she has remained resilient and has ventured into public speaking, philanthropy, and potentially, writing. Molly Bloom continues to navigate her life post-legal troubles, focusing on new opportunities and giving back to the community.