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Parker Schnabel Net Worth: Renowned For His Role In The Reality TV Series “Gold Rush” And Its Spinoff

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Parker Schnabel, an American gold miner and prominent reality television personality, boasts a net worth of $8 million.

Parker Schnabel Net Worth: Renowned For His Role In The Reality TV Series "Gold Rush" And Its Spinoff

Renowned for his central role in the enduring reality TV series “Gold Rush” and its spinoff, “Gold Rush: Parker’s Trail,” Schnabel has made a significant mark in the world of gold mining entertainment.

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, comes from a family deeply rooted in the mining industry.

His parents, Roger and Nancy Schnabel, and his brother, Payson, form the foundation of his upbringing.

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

Remarkably, he handled heavy machinery even before he could reach the pedals.

Mining Enthusiast Turned High School Star

While still in high school, Parker Schnabel gained fame not only for his academic pursuits but also as a varsity basketball player.

Despite his success on the basketball court, Parker harboured a passion for mining and geology. After graduation, he took charge of the family mine when his grandfather stepped back, demonstrating his leadership skills by managing a team of miners twice his age.

Rather than pursuing college, he made the bold decision to use his own college trust fund to explore new opportunities in the Yukon territory.

Reality TV Stardom

Parker Schnabel rose to national attention as a cast member of the Discovery Channel’s “Gold Rush Alaska” series, starting in 2010.

With 330 episodes spanning 13 seasons as of 2023, Parker’s journey on the show showcases his determination and success.

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Notable episodes include his efforts at the Porcupine Creek claim and his decision to venture into the Yukon for new prospects.

He also played a significant role in “Gold Rush: The Dirt” from 2012 to 2016 and starred in the spin-off series “Gold Rush: Parker’s Trail” in 2017, showcasing his diverse talents as a miner and producer.

Personal Life

Beyond the glitz of reality TV, Parker Schnabel’s personal life has seen its share of highs and lows. He was in a relationship with Australian veterinary nurse Ashley Youle, who also appeared on the show.

However, the couple parted ways in December 2018. Rumours circulated in 2019 about a new romance with Sheena Cowell, his show’s assistant producer.

Parker admits to being a workaholic, prioritizing his mining endeavours over his personal life.

Achievements and Controversies

By the age of 24, Parker Schnabel had mined over $13 million worth of gold. Season four of “Gold Rush” saw him leaving the family mine and independently extracting an impressive 1029 oz of gold in his first year.

In addition to his mining success, he owns a dream house in Alaska, valued at over $950 thousand.

Gold Mining Income

Parker’s prominence in “Gold Rush” spans over a decade, with 330 episodes aired by 2023. His gold mining ventures, including his own company, have amassed over $16 million in earnings by the age of 24.

Car Collection

Parker Schnabel’s eclectic car collection showcases both modern and vintage models. His modern fleet includes the 2023 editions of the Ford F-150 Raptor, Chevrolet Corvette Stingray, Porsche 911 Turbo S, Ferrari F8 Tributo, and Lamborghini Huracán STO.

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

On the vintage side, he treasures a 1967 Ford Mustang GT500 and a 1970 Chevrolet C10 pickup truck.

Business Ventures and Authorship

Beyond his mining pursuits, Parker Schnabel has proven himself as a successful businessman. He owns a mining company and has ventured into the production of gold mining equipment.

Additionally, he has authored two books, “Gold Rush: My Story” and “Parker Schnabel’s Gold Rush Alaska,” sharing his experiences as a gold miner with a wider audience.