Mike Bidwell Neighborly Net Worth: How Much Does the CEO of Neighborly Make?

Mike Bidwell is the founder and CEO of Neighborly, a home services marketplace that connects homeowners with local pros. With a net worth of $1.5 billion, Bidwell is one of the most successful entrepreneurs in the home services industry.

In this article, we’ll take a closer look at Bidwell’s life and career, explore the growth of Neighborly, and discuss the challenges and opportunities facing the home services industry. We’ll also provide some tips for aspiring entrepreneurs who want to follow in Bidwell’s footsteps.

Year	Net Worth (USD)	Source
2022	$1.3 billion	Forbes
2021	$1.2 billion	Forbes
2020	$1.1 billion	Forbes

Mike Bidwell’s Background

Early life and education

Mike Bidwell was born in 1969 in the San Francisco Bay Area. He attended the University of California, Berkeley, where he earned a degree in economics.

Career

After graduating from college, Bidwell worked for several years in the financial services industry. In 2005, he co-founded Neighborly, a company that provides home services to homeowners.

Philanthropy

Bidwell is a passionate philanthropist. He is a trustee of the Bidwell Foundation, which supports education, environmental conservation, and social justice. He is also a member of the board of directors of the San Francisco Museum of Modern Art.

Neighborly

History of Neighborly

Neighborly was founded in 2005 by Mike Bidwell and David Eisenberg. The company’s mission is to make it easy for homeowners to find and hire reliable home service professionals.

Neighborly offers a variety of home services, including plumbing, electrical, roofing, and HVAC. The company also offers a free consultation service to help homeowners find the right service professional for their needs.

Business model

Neighborly’s business model is based on the “gig economy.” The company connects homeowners with independent contractors who are available to provide home services. Neighborly takes a commission on each job that is completed.

Financial performance

Neighborly is a privately held company and does not disclose its financial results. However, the company has been growing rapidly in recent years. In 2018, Neighborly generated $100 million in revenue.

Mike Bidwell is a successful entrepreneur and philanthropist. He is the founder and CEO of Neighborly, a company that provides home services to homeowners. Bidwell is also a passionate philanthropist and is committed to supporting education, environmental conservation, and social justice.

Mike Bidwell’s Net Worth

Mike Bidwell is the founder and CEO of Neighborly, a home services marketplace that connects homeowners with local professionals. Neighborly was founded in 2014 and is headquartered in San Francisco, California. The company has raised over $200 million in funding from investors such as Sequoia Capital, Kleiner Perkins Caufield & Byers, and Accel Partners.

Bidwell’s net worth is estimated to be $100 million. His wealth is derived from his ownership of Neighborly, as well as from his previous business ventures. Bidwell is a serial entrepreneur who has founded and sold several other companies.

Sources of Wealth

Bidwell’s net worth is derived from the following sources:

• Ownership of Neighborly: Neighborly is a fast-growing home services marketplace that is valued at over $1 billion. Bidwell owns a significant stake in the company, which is the primary source of his wealth.
• Previous business ventures: Bidwell has founded and sold several other companies, including Homejoy and Fieldglass. These businesses have generated significant revenue and profits, which have contributed to Bidwell’s net worth.
• Investments: Bidwell has invested in a number of other startups and companies. These investments have generated returns, which have also contributed to Bidwell’s net worth.

Estimated Net Worth

Bidwell’s net worth is estimated to be $100 million. This estimate is based on the following factors:

• The valuation of Neighborly: Neighborly is a fast-growing home services marketplace that is valued at over $1 billion. Bidwell owns a significant stake in the company, which is the primary source of his wealth.
• Bidwell’s previous business ventures: Bidwell has founded and sold several other companies, including Homejoy and Fieldglass. These businesses have generated significant revenue and profits, which have contributed to Bidwell’s net worth.
• Bidwell’s investments: Bidwell has invested in a number of other startups and companies. These investments have generated returns, which have also contributed to Bidwell’s net worth.

It is important to note that Bidwell’s net worth is an estimate. It is possible that his actual net worth is higher or lower than this estimate. However, based on the available information, it is reasonable to conclude that Bidwell’s net worth is in the $100 million range.

Implications for the Future of Neighborly

Bidwell’s net worth is significant because it demonstrates the potential of Neighborly as a business. Bidwell is a successful entrepreneur who has founded and sold several other companies. His success with Neighborly suggests that the company has the potential to be a major player in the home services industry.

Bidwell’s net worth also shows that he is committed to Neighborly. He has invested a significant amount of his own money into the company, and he has a vested interest in its success. This commitment is likely to be a major factor in Neighborly’s future success.

Overall, Bidwell’s net worth is a positive indicator for the future of Neighborly. It shows that the company has the potential to be a major player in the home services industry, and that Bidwell is committed to its success.

Mike Bidwell is a successful entrepreneur who has founded and sold several companies. He is the founder and CEO of Neighborly, a home services marketplace that is valued at over $1 billion. Bidwell’s net worth is estimated to be $100 million. His wealth is derived from his ownership of Neighborly, as well as from his previous business ventures. Bidwell’s net worth is a significant indicator for the future of Neighborly, as it shows that the company has the potential to be a major player in the home services industry.

Q: What is Mike Bidwell’s net worth?

A: Mike Bidwell’s net worth is estimated to be $1.2 billion.

Q: How did Mike Bidwell make his money?

A: Mike Bidwell made his money through a variety of business ventures, including real estate, investing, and entrepreneurship.

Q: What is Mike Bidwell’s role at Neighborly?

A: Mike Bidwell is the co-founder and CEO of Neighborly.

Q: What are Mike Bidwell’s goals for Neighborly?

A: Mike Bidwell’s goals for Neighborly are to make it the leading platform for connecting neighbors with each other and to provide a platform for local businesses to grow.

Q: What are Mike Bidwell’s thoughts on the future of Neighborly?

A: Mike Bidwell believes that Neighborly has the potential to be a major force in the local economy and that it can help to create a more connected and vibrant community.

Mike Bidwell is a successful entrepreneur who has founded and sold several businesses. He is best known for co-founding Neighborly, a home services marketplace that was acquired by ServiceMaster in 2021. Bidwell’s net worth is estimated to be $1.5 billion.

Some key takeaways from this article include:

• Mike Bidwell started his first business at the age of 16.
• He co-founded Neighborly in 2010 with his brother Dave.
• Neighborly was acquired by ServiceMaster in 2021 for $5.7 billion.
• Bidwell’s net worth is estimated to be $1.5 billion.

Bidwell is an inspiration to entrepreneurs everywhere. He has shown that it is possible to achieve great success by starting and growing your own business.