Mitchell Starc inspired after Steve Smith's $100k investment in 2005 gets valued at $13.7m

relationship between Steve Smith and Mitchell Starc hasn’t always been on best of terms, according to several reports over years. fast bowler’s comments were earlier taken out of context in media in wake of ball-tampering scandal. media speculation was later put to rest by Mitchell Starc himself, as he clarified that he has utmost respect for Steve Smith. w, it looks like bowler is looking to follow on footsteps of his former captain when it comes to his business investments.

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Mitchell Starc looking to emulate Steve Smith, to invest in startups

According to Australian business platform Financial Review,  Australian ace is looking to invest in start-ups, in hope that he will hit a similar jackpot that Steve Smith did earlier with his investments. publication revealed that Mitchell Starc has formed a new investment syndicate along with 25 or Australian sports stars with objective of investing in businesses during ir early st.

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group, called Athletic Ventures includes Mitchell Starc along with NBA player Matw Dellavedova, Greater Western Sydney Giants AFL players Matt de Boer and Toby Greene, rugby union player Michael Hooper amongst ors. Athletic Ventures has already made its first investment decision, with group investing just over $500,000 in digital marketing company Eucalyptus. According to report, group Mitchell Starc is part of will predominantly focus on verticals where players can utilise ir own expertise and experience, such as health and fitness industries.

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Steve Smith investments success story

Mitchell Starc’s decision to start investing in start-ups looks to be inspired by Australian batsman Steve Smith, who recently made a jackpot from one of his such investments. Ar Australian Financial Review (AFR) report had disclosed last year that Steve Smith’s $100K investment in 2015 in Koala Mattress lead to a windfall of $12.1 million for player. Koala Mattress, in which Steve Smith made a 10% investment in July 2015, mand to build a customer base of 200,000 with company w valued at $150 million.

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How much is Steve Smith net worth?

Courtesy of his smart investments and earnings from cricket, Steve Smith’s net worth has consistently been on rise. player is regarded as one of Australia’s wealthiest athletes, with Man of Money pegging player’s net worth around $22 million. player mainly earns from his brand endorsement deals and business investments, with his salary earnings from cricket forming a smaller portion of his net worth.

Disclaimer: above Steve Smith net worth information is sourced from various websites and media reports. website does t guarantee a 100% accuracy of figures.

Im Courtesy: instagram/steve_smith49, instagram/mstarc56