Parker Schnabel Net Worth

What Is Parker Schnabel's Net Worth?

Parker Schnabel is an American gold miner and reality television star who has a net worth of $8 million. Parker Schnabel is best known for starring on the long-running reality TV show "Gold Rush" and its spinoff "Gold Rush: Parker's Trail."

Early Life

Parker Schnabel was born Parker Russell Schnabel on July 22, 1994, in Haines, Alaska. His parents are Roger and Nancy Schnabel, and he has a brother, Payson. Parker has been involved with mining since he was just five years old.  He grew up working for his grandfather John Schnabel's mining company, Big Nugget. He started operating heavy machinery before his feet could even touch the pedals.

Schnabel played on his high school's varsity basketball team. An avid explorer and outdoorsman, Parker intended to focus on geology or mining studies in college, with the intention of returning to run the family mine. He took over daily operations of the mine after graduating. After his grandfather John stepped down from day to day operations of the mine, Schnabel stepped in to fill his shoes. He took the reins and led a team of miners over twice his age and showed he had the ability to find serious gold. Parker made the controversial decision to forgo college and move away from his home mining area to seek new fortunes in the Yukon territory. He tapped his own college trust fund to use as seed money for the operation.

Reality TV

Parker is one of the subjects of the Discovery Channel series "Gold Rush Alaska," also known simply as "Gold Rush," which debuted in 2010. By 2023 there were 330 episodes across 13 seasons. His participation in the series is notable for the episodes in which he attempted to help the miners at the Porcupine Creek claim, only to discover that they knew next to nothing about what they were doing. The fourth season of the show depicts his decision to strike out on his own away from his family mine. In Parker's first year of running his own mining operation, he found an astounding 1029 oz of gold. Schnabel also starred in the reality television series "Gold Rush: The Dirt" from 2012 to 2016. In 2017, he starred in the spin-off reality TV series "Gold Rush: Parker's Trail." He has worked as a producer on all three shows. Parker had mined a total of over $13 million dollars worth of gold by age 24.

Personal Life

Parker previously dated Australian veterinary nurse Ashley Youle. She appeared on the reality show, working in the Klondike alongside him. In December 2018, Parker announced the two had split after two years. In 2019, it was rumored that he was involved with a new love, an assistant producer for his show named Sheena Cowell. He is a self-professed workaholic who prioritizes his mining work over his personal life.

Schnabel bought his dream house in Alaska, a sprawling mansion with all modern amenities worth over $950 thousand. In January 2017, Parker angered fans when he took to Facebook to announce he would soon be revealing his baby to the world, only to twist the plot and reveal that the "baby" in question was a fur baby–his new dog.