How to turn 100,000 into 12 million! Check how ace cricketer Steve Smith did it

Australian cricketer Steve Smith earned around Rs 60 crore from his investment made back in 2005! According to a report in news.com.au, the 30-year-old has turned an investment of $100,000 in mattress retailer Koala Mattress, into a windfall of $12.1 million.

Former Australia captain Steve Smith has not only made a remarkable comeback to Test cricket scoring twin centuries in the first Ashes Test to lead his side to an emphatic 251-run win over England in Birmingham, but has also had massive gift bestowed on him for his prescient investment off the field.

The report quoted The Australian Financial Review (AFR) according to which the company, in which Smith dropped an investment of 10 per cent in July 2005, has built a customer base of 200,000 and is valued at $150 million.

Smith, who is also Koala`s brand ambassador, has earned more from his investment in the company than from cricket altogether. 

Smith was banned for an year for his involvement in the Sandpaper Gate fiasco in which he and certain members of his team were caught trying to alter the condition of the ball. He was Australia team captain then.