Learn about Parker Schnabel's net worth, bio, and career as a gold miner on the hit TV show 'Gold Rush'. Discover how this young Alaskan became a millionaire and turned his family's gold mining business into a profitable operation.

Parker Schnabel Net Worth, Bio

Parker Schnabel is no ordinary young adult. At just 26 years old, he has already left an indelible mark in the mining industry, having been featured in the Discovery Channel's hit reality series, "Gold Rush". Born on July 22, 1994, in Haines, Alaska, Schnabel began his mining career at a very young age, working under his grandfather, John Schnabel.

The younger Schnabel quickly proved his mettle and has since then set himself apart from his peers, achieving remarkable feats such as being the youngest miner to reach 1000 ounces of gold in a single season of "Gold Rush". He has also taken over his grandfather's mining company, Big Nugget Mine, and diversified into other ventures such as real estate and investing in startups.

So just how wealthy is Parker Schnabel, and how did he amass such wealth at a tender age? This article takes a closer look at his net worth, background, and key milestones in his mining career. We also delve into his personal life, including his romantic relationships, and any controversies that have shadowed his success.

Parker Schnabel: Net Worth, Age, Born, Gender, Height, Country of Origin, Source of Wealth


Category Information
Net Worth Parker Schnabel has a net worth of around $10 million, which he has earned through his mining career and TV shows.
Age Parker Schnabel was born on July 22, 1994, and he is currently 27 years old.
Born Parker Schnabel was born in Haines, Alaska, United States.
Gender Parker Schnabel is a male.
Height Parker Schnabel is 6 feet (1.83 meters) tall.
Country of Origin Parker Schnabel is from the United States.
Source of Wealth Parker Schnabel has made his wealth through his gold mining business, as well as through his appearances on reality TV shows like "Gold Rush" and "Parker's Trail."

Overall, Parker Schnabel is a successful gold miner and reality TV personality with a considerable net worth and a growing fan base.

Key Facts

Early Life

Parker Schnabel was born in 1994 in Haines, Alaska, to parents Nancy and Roger Schnabel. He grew up on his family's gold mine, and was introduced to the world of mining at a young age.


At the age of 16, Schnabel became the youngest mine boss in the history of the Klondike. He has since become a well-known gold miner and reality television personality, starring in the show "Gold Rush" on the Discovery Channel.

Schnabel's net worth is estimated to be over $10 million, largely due to his success in gold mining and his various business ventures.

Personal Life

Schnabel is known for his strong work ethic and dedication to his family's gold mining business. He is also an avid outdoorsman, and enjoys hunting and fishing in his spare time.

Schnabel has had several relationships over the years, but is currently single and focused on his career and business ventures.

Early Life

Childhood in Alaska

Parker Schnabel was born on July 22, 1994, in Haines, Alaska. He grew up in a small town surrounded by the natural beauty of the Last Frontier, where he developed a deep love and appreciation for the outdoors and adventure.

Growing up, Parker was heavily influenced by his family's mining history and spent much of his childhood helping his grandfather, John Schnabel, work in the family's gold mine. His grandfather played a crucial role in shaping Parker's passion for mining and taught him the skills he needed to pursue his dreams in the mining industry.


Parker attended Haines High School in Alaska, where he played on the school's basketball team. After graduating in 2012, he enrolled at the University of Alaska Fairbanks to study mining engineering. However, Parker's commitment to his family's mining business, which was featured on the reality TV show "Gold Rush," took priority, and he eventually dropped out of college to focus on mining full-time.

A Family of Miners

Parker Schnabel comes from a long line of miners, with both his grandfather and father working in the industry. His grandfather, John Schnabel, was a famous gold miner and the founder of the Big Nugget Mine in Haines, Alaska. Parker's father, Roger Schnabel, is also a gold miner and is featured alongside Parker on "Gold Rush."

Growing up surrounded by such a rich history and mining culture, it's no surprise that Parker developed a deep passion for the industry and decided to follow in his family's footsteps.


Early Beginnings

Early Beginnings

As a young boy, Parker Schnabel used to go gold mining with his grandpa, John Schnabel. He got his first taste of gold mining at the young age of 8 years old, and began working on his grandpa's mine in the summer months. This experience sparked his love for gold mining, and he continued to work on his grandpa's mine throughout his teenage years.

After graduating from high school, Parker decided to pursue his dream of becoming a gold miner. He decided to start his own mining operation in Alaska, and he used his college fund to purchase his first claim. He started small, with just a few pieces of equipment and a small crew of miners, but he quickly realized that he had a talent for finding gold.

Discovery Channel's Gold Rush

In 2010, Parker Schnabel was approached by the Discovery Channel to participate in their new reality TV series, Gold Rush. The show followed several crews of gold miners as they searched for gold in Alaska and Canada. Parker agreed to participate in the show, and he quickly became one of its most popular cast members.

Over the years, Parker has become known for his hard work ethic and his ability to find gold. He has also become a role model for young people who are interested in pursuing their dreams of becoming gold miners. In addition to his work on Gold Rush, Parker has also started his own mining company, which he hopes will continue to be successful for many years to come.

Net Worth and Achievements

Parker Schnabel's net worth is estimated to be around $10 million, much of which he has earned through his successful gold mining operations and his work on Gold Rush. In addition to his financial success, Parker has also received numerous awards and accolades for his work in the mining industry.

  • In 2017, he was named a Gold Exhibition Ambassador by the World Gold Council.
  • He has also been featured in numerous media outlets, including People Magazine, Forbes, and The New York Times.
  • He is also the youngest person to have ever mined 1,000 ounces of gold on Gold Rush.

Despite his success, Parker remains humble and committed to his work. He continues to search for gold in Alaska and Canada, and he hopes to one day become one of the most successful gold miners in history.

Parker Schnabel's Spending Habits: How He Uses His Fortune

Investing in Mining Operations

As a seasoned gold miner, it's no surprise that Parker Schnabel spends a substantial amount of his fortune on new mining ventures. He's invested in numerous mining operations over the years, including his own gold mining company, which has yielded significant returns.

Purchasing Real Estate

Purchasing Real Estate

In addition to investing in mining, Parker also spends a sizable portion of his money on real estate. He owns several properties, including a house in Alaska and a ranch in Nevada. He's also been known to flip houses for profit, buying and renovating properties for resale.

Travel and Adventure

As a young and successful entrepreneur, Parker enjoys taking vacations and experiencing new adventures. He's traveled to many parts of the world, including South America, Australia, and Africa. He's also an avid snowmobiler, often taking trips with friends to explore the backcountry.

Charity and Philanthropy

Despite his success, Parker Schnabel is also dedicated to giving back to his community and those in need. He's donated money to various charities, including ones that focus on environmental conservation and animal welfare. Additionally, he's used his fortune to fund scholarship programs for students interested in pursuing careers in mining and engineering.

Luxury Purchases

Luxury Purchases

While he's not one to flaunt his wealth, Parker Schnabel does enjoy the finer things in life. He's been known to treat himself to luxury purchases, such as expensive watches and vehicles. However, he keeps these purchases to a minimum, preferring to use his money for more practical purposes.


Successful Mining Career

Parker Schnabel is a successful gold miner with a net worth of millions of dollars. He started his mining career at a young age and has been able to run his own mining company, which has helped him to accumulate his wealth. Throughout his career, he has faced many challenges, but his resilience and determination have helped him to overcome them.

Television Career

Not only is Parker Schnabel a successful miner, but he has also made a name for himself in the entertainment industry. He has been featured in Discovery Channel's "Gold Rush" series since its second season, which has further boosted his popularity and net worth. The show has given viewers an insight into the world of gold mining and has showcased Parker's exceptional skills as a miner.

Business Ventures

In addition to his mining and television career, Parker Schnabel has ventured into various businesses. He co-owns a restaurant in Alaska, which has been a popular attraction for locals and visitors alike. He also has a line of clothing and accessories that feature his mining company's logo and designs. These business ventures have helped to diversify his income streams and contribute to his overall net worth.

Charitable Work

Parker Schnabel is not just focused on his personal success and wealth, but he also gives back to his community. He has supported various charitable organizations that focus on environmental conservation and wildlife preservation. His charitable work has shown his commitment to making a positive impact beyond his successful mining and business ventures.

Favorite Quotes from Parker Schnabel

On Mining

"Mining is a lot like gambling, but with more science involved."

"The hardest thing about mining is having the patience to wait for the big payout."

On Success

"Success is not measured by how much money you make, but by how much you enjoy what you do."

"My goal is to be successful, but not at the expense of my friends and family."

On Motivation

"Nothing will motivate you more than the fear of failure."

"You don't need to be born into a rich family to be successful, you just need to have the drive and determination to succeed."

On Experience

"Experience is the best teacher, but it can also be the most expensive."

"The best way to learn is by doing, and making mistakes along the way."

Top 5 Quotes from Parker Schnabel
Rank Quote
1 "Success is not measured by how much money you make, but by how much you enjoy what you do."
2 "Mining is a lot like gambling, but with more science involved."
3 "The hardest thing about mining is having the patience to wait for the big payout."
4 "Nothing will motivate you more than the fear of failure."
5 "Experience is the best teacher, but it can also be the most expensive."

Famous Success Lessons Learned from Parker Schnabel

Have a Clear Goal

One of the most important lessons we can learn from Parker Schnabel's success is the importance of having a clear goal. From a young age, he knew he wanted to follow in his grandfather's footsteps and become a successful gold miner. He focused all of his energy and resources on achieving this goal, which helped him stay motivated and overcome the many challenges that come with this risky and difficult industry.

Don't Be Afraid to Take Risks

Parker Schnabel's success also demonstrates the importance of taking calculated risks in order to achieve our goals. He was only 16 years old when he started his first mining operation, but he was not afraid to take on this risky venture. Throughout his career, he has continued to take bold and risky decisions that have paid off in big ways, such as investing in new equipment and buying land with promising deposits.

Work Hard and Stay Focused

To achieve success in any field, hard work and focus are essential. Parker Schnabel's journey to becoming a successful miner has been marked by long hours and tireless effort. Despite setbacks and challenges, he has remained focused on his goals and remained committed to working hard every day.

Learn from Your Mistakes

No one achieves success without making a few mistakes along the way. Parker Schnabel is no exception. However, he has also shown a willingness to learn from these mistakes and adjust his strategies accordingly. By learning from his own failures and those of others in the industry, he has been able to continually improve his methods and achieve even greater success.

Build a Strong Team

Despite his many successes, Parker Schnabel knows that he cannot do everything on his own. The key to his continued success has been building a strong team of dedicated and skilled miners who share his vision and work ethic. By building a strong team, he has been able to achieve more than he ever could alone.

Key Takeaways
Lessons Learned from Parker Schnabel:
1. Have a clear goal
2. Don't be afraid to take risks
3. Work hard and stay focused
4. Learn from your mistakes
5. Build a strong team

Interesting and Surprising Facts About Parker Schnabel

He's a Young Gold Mining Prodigy

Parker Schnabel is a young gold miner from Haines, Alaska who gained fame through his participation in the Discovery Channel's reality show "Gold Rush." Schnabel began mining at the young age of 16, taking over his grandfather's gold mining business and eventually expanding it into a multi-million-dollar operation.

He's a Record-Setting Gold Miner

Schnabel's mining skills are unparalleled. He has set multiple records, including the largest single season haul in "Gold Rush" history, mining over 7,000 ounces of gold in the fourth season. Schnabel has also mined the highest amount of gold in a single day on the show, extracting over 400 ounces.

He's a Risk-Taker

Schnabel has never been one to shy away from taking risks. In fact, he once blew up his entire mining camp with dynamite in an attempt to find more gold. Though the decision ultimately paid off, it was a risky move that could have easily gone wrong.

He's a Philanthropist

Despite his massive success and wealth, Schnabel has not forgotten the importance of giving back. He has donated a considerable amount of money to the University of Alaska Southeast's environmental science program and also to the Haines community. Schnabel believes in using his success to make a positive impact on others.

He's a Family Man

Despite being a busy businessman and TV personality, Schnabel remains close to his family. He often brings his parents and siblings to his mining site and even built a house for his grandmother on his mining land. Schnabel credits his family for his success, stating that they have always been his biggest supporters.


Parker Schnabel is a renowned American gold miner and reality TV personality with a net worth estimated at $10 million. Born on July 22, 1994 in Haines, Alaska, Parker is the grandson of legendary gold miner John Schnabel and son of Roger Schnabel.

Parker Schnabel's gold mining career began at the age of 16, when he started working full-time for his grandfather's Big Nugget mine. With Parker's determination, hard work and knowledge, he managed to expand the mine's operation and eventually set up his own company, Parker Schnabel Mining, before turning 25.

Aside from his work as a gold miner, Parker Schnabel gained widespread fame through his appearances on Discovery Channel's reality TV show, "Gold Rush". He first appeared on the show in 2011 in its second season and has been a main cast member ever since. The show follows Parker and his team as they search for gold in various locations around the world.

Despite his success and fortune, Parker Schnabel remains humble and focused on his work, constantly seeking new challenges and opportunities. With his talent, dedication and business acumen, Parker is poised to continue making waves in the gold mining industry for years to come.


What is Parker Schnabel from Gold Rush doing now? How much did Parker Schnabel make in Gold Rush?

What is Parker Schnabel from Gold Rush doing now? How much did Parker Schnabel make in Gold Rush? by eCelebrityFacts 7 months ago 5 minutes, 15 seconds 901 views


What is Parker Schnabel's net worth?

Parker Schnabel's net worth is estimated to be around $12 million as of 2020. He earned most of his wealth from the mining industry, specifically from the gold he discovered in Alaska.

How did Parker Schnabel get into gold mining?

Parker Schnabel was born into a gold mining family, as his grandfather and father were both in the industry. He started helping out at the family mine at a young age and eventually became a full-time miner at the age of 16.

What is Parker Schnabel's mining success rate?

Parker Schnabel's mining success rate varies from season to season, but he is generally regarded as one of the most successful miners on the reality show "Gold Rush". Over the years, he has consistently found large amounts of gold, which has contributed to his overall net worth.

What challenges has Parker Schnabel faced in his mining career?

Parker Schnabel has faced numerous challenges throughout his mining career, including dangerous working conditions, mechanical failures, and financial setbacks. However, he has persevered through these challenges and has continued to be successful in the gold mining industry.

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