He had possession of the Arkenstone.
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He gained a great deal of gold and silver. And had a great adventure and made new friends. And he was much wealthier, but he lost the respect of many of the hobbits around him.
Bilbo by nature is good hearted, sacrificing and loyal, he would give up his life for the betterment of others and this is what made him a true hero.
The Longfather Trees of the Hobbits show Frodo with five Uncles: Dinodas Brandybuck Didonas Brandybuck Saradas Brandybuck Rorimac (old Rory) Brandybuck Dudo Baggins Frodo's father, Drogo Baggins was Bilbo's second cousin, so they were 2nd cousins once removed. However, in the book Frodo is commonly referred to as Bilbo's nephew, so Bilbo is referred to as Frodo's Uncle. Baggins.
Bilbo Baggins is loyal because when the dwarves were captured by the goblins he went back into the horrible, horrible tunnels and look for his friends. He had just made up his mind that it was his duty, and that he must turn back.
Bilbo escaped from the cave in The Hobbit by using his wits and the magical ring he found earlier in the story. He put on the ring, rendering himself invisible, and slipped past Gollum, the creature guarding the exit. Bilbo then followed Gollum out of the cave and made his way back to the company of dwarves.