Parker Schnabel Net Worth
Parker Schnabel Net Worth

Parker Schnabel Net Worth: How Did He Make His Fortune?

Parker Russell Schnabel entered the world in Haines, Alaska, on July 22, 1994. There are two more members of the Schnabel family: parents Roger and Nancy and sibling Payson. As early as the age of five, Parker Schnabel began working in the mining industry.

Parker spent his childhood at the Big Nugget mine, owned by his grandfather John Schnabel. His feet hadn’t yet reached the pedals when he started driving heavy machines. When Parker Schnabel became a famous varsity basketball player, he was still a high school senior.

Parker, always seeking new adventures, planned to major in geology or mining in college before returning to manage the family mine. Following his graduation, he assumed responsibility for running the mine. His grandfather John retired from running the mine, and his grandson Parker came in to take over.

By taking charge of a group of miners more than twice his age, he proved that he could lead them to significant gold. Parker eschewed the conventional route of further education to leave his native mining community for the Yukon in search of economic opportunity. Initially, he used money from his college trust fund.

How Much is Parker Schnabel Net Worth?

American gold miner and reality TV star Parker Schnabel is worth an estimated $8 million. The long-running reality TV series Gold Rush and its spinoff Gold Rush: Parker’s Trail made him a household name.

How Did Parker Schnabel Start His Career?

Gold Rush, a Discovery Channel series featuring Parker and other gold miners, started in 2010. Particularly memorable are the instances in which he attempts to assist the miners at the Porcupine Creek claim but quickly learns that they know little to nothing about mining.

The show’s fourth season shows his departure from the family’s mind. Parker discovered an incredible 1029 ounces of gold in his first year of running his mining company. From 2012-2016, Schnabel was also a star on the reality show Gold Rush: The Dirt.

Gold Rush: Parker’s Trail, a spinoff reality show he appeared in, premiered in 2017. On all three, he has served as a producer. Parker had extracted almost $13,000,000 in gold from the ground when he turned 24.

Beginning in 2017, Parker Schnabel’s travels have been chronicled in a web series titled Parker’s Trail. Schnabel and his team attempted to hike the Klondike Trail in a five-part series that aired in 2017.

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In 2018, Schnabel and his crew were tracked through the air, on foot, and the water as they traveled through and attempted to mine at several locations in Guyana across a seven-part series. In 2019, Schnabel and his crew sailed, flew, hiked, and drove through Papua New Guinea in northern Oceania in an attempt to mine.

The journey was chronicled in a ten-part series. In 2020, Schnabel and his crew embarked on a 10-episode journey around Australia on March 13 to begin mining in Victoria, Queensland, and Western Australia.

Placer mining in the West Coast and Otago of New Zealand’s South Island, particularly the miner’s distinctive “Kiwi Wash Plants,” were the focus of Schnabel and his crew’s 10-part series that premiered on June 13, 2022.

Parker hired Canadian gold recovery expert and builder Jeff Turnell after seeing mine locations in New Zealand to construct his wash plant. Tyler Mahoney, a female Australian gold miner who starred on the show Aussie Gold Hunters before appearing on Gold Rush, joined Parker for the Australia and New Zealand seasons.

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