Steven Peter Devereux Smith, or Steve Smith, announced his retirement from ODI cricket with immediate effect after the Australian cricket team lost at the semi-final of the Champions Trophy 2025 against India in Dubai on Tuesday. However, the cricketer will continue with Tests and T20Is.
Smithhas been one of the most successful batsmen of Australia across formats. He was a part of Australia’s two ODI World Cup title campaigns in 2015 and 2023 respectively and a T20 World Cup triumph in 2021. Smith also played for several franchises in different leagues including Rajasthan Royals, Sydney Sixers, Washington Freedom, Rising Pune Supergiants and Barbados Tridents.
Regarded as one of the wealthiest sportsperson in Australia, let's have a look at Smith's net worth and source of earnings.
Steve Smith's Net Worth
Smith's net worth is estimated to be around $25mn as of 2024, according to Zee News. His central contract with Cricket Australia accounts for a major part of his earnings, around $1.37mn, as one of the highest paid cricketers.
This Aussie batsman's involvement in the Indian Premier League (IPL) also boosted his net worth significantly. Smith's contract with Rajasthan Royals was worth over Rs 12 crore and overall he earned nearly Rs 47.8 crore from it IPL salaries.
Smith also endorses brands like Gillette, New Balance, Weet-Bix, Toyota and Fitbit, beyond his cricket earnings. He also made investments in real estate. As per reports, Smith has a property in Sydney for a whopping A$12.68mn.
Smith took out a 10% stake in Aussie mattress and furniture start-up Koala when it was a seedling of a company back in 2015. According to GQ, after the company completed an investment round its value shot up to around $400mn.
Apart from Smith's luxurious apartment in Sydney's Vaucluse, where he resides with his wife Dani Willis, he owns luxury vehicle like Mercedes SUV.
