Steven Smith

Steve Smith is an Australian cricketer who represents Australia in all three formats in international cricket. While he started his career as a leg-spinner, he later worked on his batting and became one of the best if not the best batsman in the world.

He also led Australia in all the formats before being sacked in the wake of the ball-tampering scandal. In Australia's domestic circuit, Smith represents New South Wales.

Smith has also represented several teams in the IPL such as Kochi Tuskers Kerala, Pune Warriors, Rajasthan Royals, Rising Pune Supergiant Royal Challengers Bengaluru, and Delhi Capitals.

As of 2024, Steve Smith's net worth in rupees is estimated to be around INR 178 crores. Steve Smith's net worth in Australian dollars is around AU$31. He is one of Australia's richest athletes. The star batsman's major sources of income are cricket contracts, brand endorsements, match fees, and investments.

Steve Smith's salary:

In 2023, Cricket Australia announced a hike in the salary of their centrally contracted players. The decision saw an average pay increase of 7.5% to AU$951,000 ($630,000). So Steve Smith's annual salary from his central contract is around $630,000 (approx. INR 5.2 crores). When divided by 12, Steve Smith's monthly salary stands at around INR 44 lakhs.

Smith also earns a good amount of money in the form of match fees. The Australian players make around US$12,500 per Test match. On the other hand, the figures for the ODI and T20I games range between  US$5,000 to US$10,00.

Steve Smith brand endorsements:

One of the most popular cricketers in the world, Steve Smith also endorses several brands. As per reports, he has earned millions of dollars by endorsing some of the leading brands in the world. The former Australia captain is linked with several brands.

Steve Smith's brand endorsement list includes Gillette, Fit Bit, Weet Bix, Sanitarium, Commonwealth Bank, Koala, Bamboo Proudly, New Balance, Toyota and more. According to Fox Sports, he has an endorsement deal with New Balance worth at least six figures.

Steve Smith's investment:

Many might not know but Steve Smith's major source of income does not come from cricket. It was a smart investment in 2015 that helped him earn millions and become one of the richest cricketers in the world.

It was the same investment that helped him earn millions even when he was banned from cricket for a year and lost several endorsement deals.

Well, the secret to Steve Smith's net worth increasing steadily is his association with an Australian mattress company called Koala. In 2015, Smith invested AU $100,000 in the startup in exchange for a healthy 10% stake.

As a part of the deal, he also agreed to endorse the brand. As of now, Koala Mattresses is valued at around AU$150 million. Smith's stake in the company is reportedly worth more than $12 million.

Steve Smith house:

While Steve Smith travels around the globe for his cricket commitments, his primary residence is in Sydney. Steve Smith's house is located in Sydney’s affluent Balmain neighborhood. As per reports, Smith has invested in several other real estate properties as well.

He likes to buy properties near his house, renovate them, and then rent them out or even sell them. As per reports, the right-handed batsman also owns real estate in Marrickville, Coogee, San Souci, and Toowoomba. His current real estate portfolio is worth nearly AU$10 million.

Steve Smith cars:

Steve Smith loves cars and owns some luxury cars. He has spent almost $2 million on luxury cars such as Range Rover, Audi, and Rolls Royce.