Steve Smith Net Worth 2020: How much does the Australian batsman earn in a year?

Steve Smith Net Worth 2020: The SportsRush present before you the Australian captain’s estimated net worth in the year 2020.

Australia batsman Steve Smith is unarguably among the best batsmen in modern-day cricket. When it comes to Test cricket, Smith is arguably the best for he is among the highest run-scorers in the format as far as active players are concerned.

Known for his atypical technique and fanatical appetite for batting across formats, Smith sure has burst many myths when it comes to adhering to the textbook style of batsmanship.

Smith, whose Test batting average of 62.84 is the highest among batsmen with more than 1,500 runs in the format, scores equally brilliantly off the field  when it comes to the financial aspect of his life.

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Steve Smith Net Worth 2020

As of this year, 31-year old Smith’s net worth is estimated at a whopping AU$31 million which brings him at par with various other affluent Australian athletes and not just cricketers.

Smith, who made his national debut across formats in 2010, is surely among the highest-paid Australian cricketers when it comes to earnings from the sport. Having said that, his current estimated yearly salary of AU$2 million forms a small component of his overall net worth.

A sensation that he is in the cricketing fraternity, Smith has actively endorsed for brands like Gillette, Weet Bix, Fitbit and many more. Being their brand ambassador, Smith is also said to have an opulent deal with sports manufacturer New Balance.

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Smith, who represented Pune Warriors India to make his Indian Premier League debut in 2012, has also earned a hefty amount from the cash-rich league on the back of stints with Rajasthan Royals and Rising Pune Supergiants over the years.

Having said that, one can’t deny that Smith suffered financially post his involvement in the Cape Town Ball Tampering Scandal in 2018. A one-year ban saw Smith losing out on both runs and money but the player seems to have recovered after making a stellar comeback last year.

It would be unfair to write about Smith’s net worth and not mention the biggest contributing element towards it, i.e., Australian mattresses and furniture company ‘Koala’. In addition to investing AU$100,000 in the startup in 2015 in exchange for a healthy 10% stake, Smith also acts as the brand ambassador for the ever-growing brand.

Having successfully served more than 2,00,000 customers in Australia, Koala mattresses are currently valued at around AU$150 million which increases Smith’s stake to about $12.18 million.

Other than his partnership with Koala, Smith is also actively involved in real estate where he buys properties, renovates them and then rents or sells them to add a significant share in the range of AU$10 million to his net worth.