Parker Schnabel is an American gold miner and reality TV personality best known for starring on the popular TV show ‘Gold Rush.’ He gained immense fame after taking over his grandfather John Schnabel’s Big Nugget mine in Alaska at 16. Today, Parker Schnabel has an estimated net worth of $8 million. Let’s Learn about Parker Schnabel Net Worth.

Early Life and Childhood

Parker Schnabel was born to parents Nancy and Roger Schnabel on July 22, 1994, in Haines, Alaska. John Schnabel’s grandfather was also a famous gold miner and owner of the Big Nugget mine. Thanks to his grandfather, Parker developed an interest in mining and gold from a very young age. As a young boy, he often visited his grandfather’s mine and helped out wherever he could. 

Parker Schnabel Net Worth

By age 16, Parker had accumulated enough mining experience from working at his grandfather’s site every summer since he was a child. This experience proved invaluable when he took over the reins of the family mine.

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Career and Rise to Fame on Gold Rush

In 2010, Parker took over operating Big Nugget from his aging grandfather when he was just 16 years old. At the time, the recession had severely hampered Schnabel’s operations. Despite lacking finances and machinery, Parker successfully turned things around within the first year of taking over.

The same year, he was offered a feature in a Discovery Channel show, ‘Gold Rush, ‘ documenting miners’ lives in the Klondike. Parker became an instant hit thanks to his unexpected mining prowess at a young age, determination, and likable personality. 

Over the next few years, Parker and his team managed to unearth over 6000 ounces of gold across 6 seasons worth nearly $7 million. As the show progressed, he became a celebrity gold miner, fame and money coming easy to the young Schnabel.

Birth Date22 July 1994
Birth nameParker Russell Schnabel
ProfessionReality TV Star and Gold Miner
FatherRoger Schnabel
MotherNancy Schnabel
Height5’9″ (1.75m)
BirthplaceHaines, Alaska, United States

Parker Schnabel Net worth

Currently, Parker Schnabel has an estimated net worth of $8 million. In his highest-grossing season on Gold Rush (Season 4), Parker managed to extract over $3 million worth of gold. 

At just 25 years of age, Parker still has a long and lucrative mining career ahead of him. If the past few years are any indicator, his net worth will grow over the next decade.

Personal Life

Despite gaining fame and money early in life, Parker has mostly kept his personal life private and away from media attention. He was rumored to be dating Australian native Ashley Yule briefly some years before they decided to call it quits.

Parker Schnabel Net Worth

Parker resides in a modest mansion in Alaska when not traveling to various mining locations for work. When not mining, he indulges in outdoor activities like trekking and off-roading.  

Lesser Known Facts about Parker Schnabel

  • Parker was voted ‘Most Likely to Become a Millionaire’ in his high school yearbook.
  • He presides over 2 mining operations in Alaska besides Big Nugget and Scribner Creek.
  • Parker owns a customized Ford Raptor pickup truck plated ‘Au Hunter’ worth over $70,000.
  • His dream is to own the biggest gold mining empire across the Klondike.
  • Parker is nicknamed ‘The Pup’ by fellow prospectors on account of finding gold so early.

At just 25 years of age, Parker Schnabel has made a name for himself in the gold mining business. Given his keen business sense and hunger to expand operations, we will likely see the Schnabel mining empire grow exponentially in the coming years under his leadership.

Frequently Asked Questions

1. Is Parker Schnabel married?

No, as of now, Parker Schnabel is not married. The 25-year-old reality star and gold miner has been intensely focused on expanding his mining operations and hasn’t publicly spoken about marriage yet. However, given his young age, Parker has ample time to settle down in the future.

2. Who is Parker Schnabel girlfriend?

Parker has largely kept his romantic associations out of the public limelight. In 2015, he was rumored to be dating Australian model Ashley Yule. The relationship did not last long. Parker also briefly dated Tyler Mahoney but is currently believed to be single.

3. Where is Parker Schnabel house?

Parker resides in a modest mansion in his hometown of Haines, Alaska, when not traveling for mining pursuits. He bought the spacious log cabin-style home after years of living in his grandfather John Schnabel’s cabin nearby. 

4. What is Parker Schnabel age?  

As of 2023, Parker Schnabel is 25 years old. He was born on July 22, 1994, in Haines, Alaska.

5. Is Parker Schnabel gay?

No indications about Parker Schnabel being gay. He has been linked to various women like Ashley Yule, Tyler Mahoney, etc., in the past and is assumed to be straight.

6. Who is Parker Schnabel grandfather?

Parker’s beloved grandfather was John Schnabel – the founder of Big Nugget Mine and town mayor of Haines, Alaska. The reality show ‘Gold Rush’ was filmed on land owned by his late grandfather.

7. Does Parker Schnabel have a brother?  

No, Parker Schnabel is an only child. His parents are Roger and Nancy Schnabel.