Published Nov 13, 2018

120: Molly Bloom | The One Who Makes the Rules Wins the Game

Entrepreneur and author Molly Bloom shares her extraordinary journey from hosting elite underground poker games to facing legal challenges, highlighting the art of building trust and influence in high-stakes environments, managing celebrity egos, and her personal transformation through adversity.
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  • Fall from Grace

    Molly Bloom's life took a dramatic turn when her high-stakes poker games attracted the attention of the FBI. She was entangled in a web of legal troubles due to her connections with individuals involved in a $100 million auto insurance fraud scheme linked to the Russian mob. "I was worth millions, then I had zero, and I had to move back home with my mom," Molly recalls, highlighting the abrupt shift from wealth to financial ruin 1. Despite the government's offer to drop charges in exchange for becoming a confidential informant, Molly chose to face the consequences of her actions, valuing her integrity over freedom 2.

       

    Rebuilding Identity

    After her fall, Molly Bloom embarked on a journey to rebuild her identity, driven by entrepreneurial resilience. She faced the fear of losing her identity and the anger at the injustice she experienced, which she converted into fuel for her comeback. "I had nothing more to lose," Molly states, emphasizing her determination to succeed despite numerous rejections from Hollywood 3. Her persistence paid off when she secured a meeting with Aaron Sorkin, leading to the creation of the movie "Molly's Game," which marked a significant step in her rebranding 4.

       

    Confronting Challenges

    Molly Bloom's poker empire was not without its dangers, as she navigated threats from organized crime. Her interactions with the mob were fraught with tension, culminating in a terrifying encounter where she was assaulted and threatened. "I was waiting for a delivery... and this guy that I'd never seen before pushed his way in and stuck a gun in my mouth," Molly recounts, illustrating the perilous nature of her business 5. Despite these threats, she remained resolute, refusing to partner with the mob and ultimately witnessing their downfall in a major FBI crackdown 6.

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