Angie Hicks: The Story Behind The Business Icon

How Much is Angie Hicks Worth?

Let’s talk about Angie Hicks, a trailblazer in the business world. Her net worth? A cool $100 million. Hicks built this fortune by co-founding Angie's List, a platform that revolutionized how people find trustworthy contractors and service providers. Today, the platform, now known as Angi, connects users with professionals in over 700 categories of home services. In 2017, the company was acquired by IAC for a staggering $500 million and merged with HomeAdvisor. Beyond her entrepreneurial ventures, Angie serves on the TechPoint Board of Directors and has been an influential voice on the Indianapolis Chamber of Commerce Board of Directors.

From Fort Wayne to Harvard: Angie’s Early Life

Angie Hicks was born in Fort Wayne, Indiana, on May 2, 1974. Her parents were a UPS driver and a bank teller, instilling in her the value of hard work from an early age. Angie pursued her higher education at DePauw University, where she graduated with a Bachelor of Arts in economics in 1995. But Angie didn’t stop there. She went on to Harvard Business School, where she earned her Master of Business Administration. This combination of education and determination set the stage for her future success.

The Birth of Angie’s List

From a Simple Idea to a Billion-Dollar Business

Angie’s journey to entrepreneurship began during her college internship at CID Equity Partners, where she met venture capitalist William S. Oesterle. In 1995, Oesterle hired Angie to find a reliable construction contractor in Columbus, Ohio. This task led her to move to Columbus and help Oesterle establish Columbus Neighbors, a call-in service and publication featuring reviews of local home and lawn services. Angie’s knack for connecting with people helped the business grow rapidly, and within a year, it was renamed Angie’s List. By 1996, the company relocated to Indianapolis after acquiring Unified Neighbors, a similar business.

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As the internet took off in the late 1990s, Angie’s List made the leap online, expanding its reach across the United States. The platform grew exponentially, offering services beyond home improvement, such as auto care and healthcare. By 2010, Angie’s List had raised $25 million in capital, proving its staying power in the competitive digital landscape.

In late 2011, Angie’s List went public on the Nasdaq. Despite initial concerns from investors about profitability, the company showed steady growth. By 2015, Angie’s List reported its first profitable year since its founding two decades earlier. This milestone was a testament to Angie’s leadership and vision.

Fast forward to 2017, when Angie’s List was acquired by IAC and merged with HomeAdvisor to form ANGI Homeservices. Angie became the Chief Customer Officer of the new company, which boasted over 10 million verified reviews. In 2021, the platform rebranded as Angi, continuing its mission to connect people with quality service providers.

Angi Stock: What Does Angie Own?

Through all the mergers and acquisitions, Angie Hicks holds a 1.8% stake in the publicly-traded ANGI Homeservices. At the time of this writing, her stake is valued at $18 million. This figure underscores her continued involvement and commitment to the company she helped build from the ground up.

More Than Angie’s List: Other Ventures and Contributions

Angie’s impact extends beyond Angi. She co-founded the Governor Bob Orr Indiana Entrepreneurial Fellowship Program, nurturing the next generation of business leaders. From 2014 to 2016, she served on the Board of Directors of the Indianapolis Chamber of Commerce, advocating for local businesses. Today, Angie is a member of the TechPoint Board of Directors, supporting Indiana’s tech community as a growth accelerator.

Behind the Scenes: Angie’s Personal Life

Angie Hicks is married and has three children, though she keeps her family life private. Known for her introverted nature, Angie prefers to stay out of the media spotlight, focusing instead on her work and community involvement. Her humility and dedication make her a respected figure in both business and personal circles.

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Wrapping It Up

Angie Hicks isn’t just a name; she’s a symbol of what’s possible with determination, vision, and a little bit of grit. From her humble beginnings in Fort Wayne to co-founding a multi-million-dollar company, Angie has left an indelible mark on the business world. Her story reminds us that success isn’t just about the numbers—it’s about building something meaningful and lasting.