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Parker Schnabel Net Worth: Notable American Gold Miner And Reality TV Personality

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With a net worth of $8 million, Parker Schnabel is an American gold miner and a prominent figure in reality television.

Parker Schnabel Net Worth: Notable American Gold Miner And Reality TV Personality

He gained widespread recognition for his role in the enduring reality TV series “Gold Rush” and its spinoff, “Gold Rush: Parker’s Trail.”

Parker Schnabel Net Worth 2023

Net Worth$15 Million
Annual Income$4 Million
Salary$100k per episode
Bank Balance$1.2 Million
Inheritance$500,000
GirlfriendTyler Mahoney

Early Life

Parker Russell Schnabel, born on July 22, 1994, in Haines, Alaska, hails from a mining family. His parents, Roger and Nancy Schnabel, raised him alongside his brother, Payson.

Parker’s journey into the mining world began at the tender age of five, working for his grandfather John Schnabel’s mining company, Big Nugget.

Remarkably, he operated heavy machinery even before his feet could reach the pedals.

Mining Passion and Education

While still in high school, Parker Schnabel gained recognition for his skills and even played on the varsity basketball team.

Despite his early success, Parker had his sights set on geology or mining studies for his college education, with plans to eventually manage the family mine.

After graduating, he took over the daily operations of his grandfather, leading a team of miners twice his age.

Making a bold move, he chose to forgo college, tapping into his own trust fund to finance mining operations in the Yukon territory.

Reality TV Stardom

Parker’s mining endeavours caught the attention of the Discovery Channel, leading to his role in the series “Gold Rush Alaska” (or simply “Gold Rush”), which premiered in 2010 and has amassed 330 episodes across 13 seasons by 2023.

Notably, Parker demonstrated his expertise when assisting miners at the Porcupine Creek claim. He later embarked on his own mining journey, yielding an impressive 1029 oz of gold in his first year.

Parker also appeared in “Gold Rush: The Dirt” from 2012 to 2016 and starred in the spin-off “Gold Rush: Parker’s Trail” in 2017.

Personal Life

Parker Schnabel’s personal life includes a past relationship with Australian veterinary nurse Ashley Youle, who worked with him on the show.

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However, the two parted ways in December 2018. Rumours circulated about a new romance with assistant producer Sheena Cowell in 2019.

Parker Schnabel Net Worth Timeline

Parker Schnabel Net Worth 2023$15 Million
Parker Schnabel Net Worth 2022$9 Million
Parker Schnabel Net Worth 2020$4 Million
Parker Schnabel Net Worth 2018$1 Million
Parker Schnabel Net Worth 2015$275,000

Parker, a self-professed workaholic, prioritizes his mining career over personal relationships. He resides in a luxurious Alaska mansion valued at over $950 thousand.

Gold Mining Success

Parker Schnabel’s gold mining achievements are truly impressive. By age 24, he had mined over $13 million worth of gold.

Season four of “Gold Rush” saw him leaving his family mine to mine 28 kg (60 pounds) of gold in a single year.

Parker’s diverse car collection, including modern models like the Ford F-150 Raptor and vintage gems like the 1967 Ford Mustang GT500, reflects his success both on and off-screen.

Business Ventures and Authorship

Beyond mining, Parker is a thriving businessman, owning his mining company and launching a line of gold mining equipment.

As an author, he has penned two books, “Gold Rush: My Story” and “Parker Schnabel’s Gold Rush Alaska,” sharing his experiences as a gold miner.

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