Parker Schnabel Net Worth and 10 Weird Things about Him

Parker Schnabel net worth

Parker Schnabel Net Worth

Parker Schnabel at the age of 16 was already in charge of his family’s mining company known as the Big Nugget Mine.

His love for mining and every other thing that has to do with it made him famous on Discovery Channel’s reality show Gold Rush.

This reality star made certain decisions which defined what he is today, during his younger days he used his college fees to set up his own mining company and ever since then he has made a name and created wealth for himself.

As of recent Parker Schnabel net worth is estimated to be $3 million.

Who is Parker Schnabel?

Park Schnabel is a reality star on Discovery channel’s show known as Gold Rush and he made his way to fame while on the show.

The reality show is all about the life of gold diggers and people mining gold and other mineral resource in Alaska.

Parker Schnabel Biography and Early Life

Parker Schnabel was born on the 22nd of July, 1994 in Haines, Alaska.

This reality star grew up with his brother Payson and there family members are all into mining.

Parker’s parents Nancy and Roger Schnabel were all miners likewise his grandfather who is known as one of the most successful miners in the history of Alaska.

While growing up both Parker and his brother Payson were all fascinated with the family’s tradition of mining and just wanted to be like there family members.

As a kid Parker was very much attached to his grandfather who in turn thought him almost everything there is to know about mining and how to make a success out of it.

Roger just like his son Parker grew up being very enthusiastic about construction and mining and today he is a miner and also the owner of South East Road Builders.

Due to his close relationship with his grandfather John Schnabel, he was able to become the manager of the family’s mining company known as Big Nugget Mine at the young age of 16 and has retained the position till date.

During his younger days, Parker Schnabel was never a fan of school as he would prefer to visit his grandfather’s mines and discuss about his favorite topics with his brother Payson and his grandfather.

Parker was actually closer to his grandfather than to his biological parents.

As a kid Parker would always try to fit into his grandfather’s shoes by trying his best to make vital decisions and controlling miners that were as old as his father.

At that young age, he built up a reputation for himself among the miners who always called him Young Master.

Parker maintained a very good relationship with his grandfather who was the founder of the family’s mining company until he died in 2016 at the age of 96 after a long battle with cancer and other minor health issues.

Apart from the fact that he grew up wanting to be a miner, he also grew up being very fond of cars and could already drive at the age of 15.

Parker spent a lot of his time learning all there is to learn about mining and no wonder he has recorded a tremendous level of success in his career so far.

Parker Schnabel net worth

Parker Schnabel Career and Rise to Fame

Right from the day he began to understand what the world was all about, Parker always had a thing for mining because every single person in his family was a miner and he wanted to follow in their footsteps.

One major factor that contributed to the success of this young man’s mining career is the fact that he was very close to his grandfather who is regarded as one of the most successful miners in Alaska.

His grandfather taught him everything there is to know about mining, but he passed away in 2016 at the age of 96.

As a kid he would always read books about mining and watch videos of his grandfather’s miners at work over and over again.

In fact at that young age he was already addicted to mining but he couldn’t mine because he was still very young.

School didn’t favor him at all, because he had no fun going to school and didn’t enjoy his classes at all.

Instead of listening in classes, he would prefer to read books about mining.

Due to his fascinations and want to learn more about mining, he would always ask his grandfather questions and virtually follow him around till he gives him a suitable answer.

This made his grandfather to become very fond of him and over time they formed a very close bond and both of them became very close to each other.

According to Parker, he was much closer to his grandfather than he was to his own biological father.

As a teen, Parker would skip classes only to end up following his grandfather to the mine sites, but his parents were against this, but his grandfather being very close to him would always support him and this even made their relationship grow stronger.

During his vacations, he would spend all day at his grandfather’s gold mine learning all there is to learn from his grandfather and his workers and this encouraged his grandfather to even teach him the more.

Due to the level of respect he gained among his grandfather’s miners, he quickly became popular amongst them and they nicknamed him Young Master.

At that young age he was able to control the miners who were almost the same age with his father, make tough decisions and even caution them if they made any mistakes.

With his grandfather, Klondike John Schnabel, who himself was a legendary gold explorer seeing all this traits, he made him the manager of his mining company Big Nugget Mines just at the young age of 16.

As a manager, he oversaw the company’s operations and under him with the tutoring of his grandfather who was now retired the company saw a boost in profits and recorded more success.

As he finished high school, he used all the money which were meant for his college education to establish his own mining company.

Even though his parents were shocked at knowing what he did, but over time they became very proud of him because his own mining company became a success.

With his college money he was able to hire workers, establish his own company, and dug up 1029 ounces of gold which was worth over $1 million at that time.

Parker Schnabel later enrolled into college where he studied geology and mining because those are the only two things that were of interest to him since he was a kid.

This miner wasn’t famous at all till he became a cast member of Discovery channel’s reality show Gold Rush, which he debuted in its first season.

On the show he has recorded a lot of success, but some of his best moments so far was in the fourth season when he found 1029 ounces of gold which was worth over a million dollars at that time.

The next season he found an incredible 3362 ounces of gold also worth an incredible $4 million.

Since the reality show began, Parker Schnabel has reportedly mined over $15 million worth of gold and it would only increase with time.

Parker’s career suffered a big blow back in 2016, when his lifelong teacher, mentor and grandfather passed away.

But after a while of languishing in sorrow, he quickly bounced back paying more attention to his career.

Parker Schnabel lost his grandfather Klondike John Schnabel on the 18th of March, 2016, he died while asleep after years of struggling with cancer.

After his much success on the Gold Rush reality show, in 2017 he announced that he would be launching his own reality show called Gold Rush: Parker’s Trail.

This show was criticized a lot but it saw Parker Schnabel and his team of miners set out to the wilderness of Alaska to mine gold.

The show has been a huge success and also made Parker famous and wealthy.

They have also had to face various challenges in their quest to find gold and those include nearly becoming dinner for dangerous animals and nearly getting freezed up in the harsh weather conditions of Alaska.

His reality show is produced by Dimitri Doganis, Ceri Smith, Peter Campion and Mark Carter.

Parker Schnabel Awards and Achievements

There is no better award and achievement any individual can have other than making a name and fortune for oneself, especially at a very young age.

Parker Schnabel is still a young man but due to his hard work and dedication in what he loves doing, today he is now one of the most successful and famous gold miners in all of Alaska and in the United States of America.

Parker Schnabel Net Worth and Salary

Parker Schnabel net worth is estimated to be $3 million and with the way this young man is handling his mining profession, he looks set to achieve greater things and that only means more income and higher net worth for him.

Parker Schnabel Net Worth Source

Parker Schnabel net worth source can only be his mining works and profession.

This young man began to manage his grandfather’s mining company at the age of 16 and over the years he has dug up gold which has amounted to over $15 million.

There are no reports on whether he is into any other venture that is not all about mining, but as of now he is fully committed to his mining profession.

Is Parker Schnabel Net Worth Increasing or Decreasing?

Without doubt, Parker Schnabel is one of the hardest working miners in the world, so there is no way his net worth is coming down anytime soon.

If you would ask me, I would say it is on the positive side of growth and he is still very young and that means he has many more years to work and also increase his net worth along the line.

Parker Schnabel Net Worth 2010

Parker Schnabel by the age of 16 which was in 2010 was already managing his grandfather’s mining company, so as of then he was already making an income for himself as he had a share of the company’s profits.

As of then Parker Schnabel net worth was $12,000.

Parker Schnabel Net Worth 2011

Parker Schnabel net worth in 2011 was estimated to be $15,000.

Parker Schnabel Net Worth 2012

In 2012, Parker Schnabel was already following in his family member’s footsteps as he was already making a name for himself on the Gold Rush reality show.

As of then Parker Schnabel net worth was estimated to be $200,000.

Parker Schnabel Net Worth 2013

In 2013, he was already all fly especially with the much success he had on the Gold Rush reality show.

Parker Schnabel net worth in 2013 was estimated to be $500,000.

Parker Schnabel Net Worth 2014

Parker Schnabel net worth in 2014 was estimated to be $800,000.

Parker Schnabel Net Worth 2015

Parker Schnabel by 2014 had already dug up enough gold on his many trails and all this amounted to over $5 million.

This added a lot to his net worth which was now sitting at the $1.2 million mark.

Parker Schnabel Net Worth 2016

Parker Schnabel net worth in 2016 was estimated to be $1.8 million.

Parker Schnabel Net Worth 2017

In 2017 he capitalized on his huge fan base by announcing his own reality show called Gold Rush: Parker’s Trail.

The show was a huge success and brought in lots of revenue for the young reality star and miner.

Back then Parker Schnabel net worth was estimated to be $2.6 million.

Parker Schnabel Personal Life

Parker Schnabel may seem to be a nerd but he definitely has a vibrant love life, but he is presently not married.

Parker Schnabel has been in a relationship with an Australian girl named Ashely whom he met while on a trip to Australia.

The relationship kicked off Parker came back to the United States and invited her over and she gladly came.

There have been rumors about Ashley dating him just for his money, but I personally do not agree with that.

Parker Schnabel Age

Parker Schnabel was born on the 22nd of July, 1994 in Haines, Alaska and that means that as of recent this famous miner is 25 years old.

Parker Schnabel House

In terms of finances, Parker has achieved it all and some years back he was reported to have moved out of his parents’ house and splashed over a million dollars acquiring a new house for himself.

Parker Schnabel popularly calls his new house the Parker Schnabel Home or the Parker Schnabel Mansion.

Parker Schnabel Cars

This young man grew up not only being interested in mining but also liking cars a lot, so for sure even though he hasn’t displayed any of his cars on social media but we all know that he has the cash and getting an expensive ride wouldn’t be an issue for him.

Parker Schnabel Education

Parker Schnabel while growing up didn’t have much interest in education as he used up all his time trying to learn everything about mining and following his grandfather around.

It even got to the extent that he would skip classes so that he can be able to follow his grandfather to his mining sites.

He finished High School with good grades, but used his college fees to establish his own mining company which paid off as he struck over $1 million worth of gold just some few months after establishing his mining company.

Parker later went to college where he studied Geology and Mining because those are the only two things that were of much interest to him.

Parker Schnabel Real Name

Parker didn’t adopt any stage or nick name for his various mining adventures, he simply went by his real and full name which is Parker Schnabel.

Parker Schnabel Height, Weight and Personal Looks

Parker Schnabel has a height of 5 feet 9 inches and weighs 69kg.

He has a dark hair color, brown eye color, he is fair in complexion and has a slim body type.

Parker Schnabel Children

Parker Schnabel as of the time of writing this post has no child and according to him he is not getting married anytime soon talk less of having kids of his own.

But that may change in the future.

It is all up to him.

Parker Schnabel net worth

Parker Schnabel Parents

This miner was born to Nancy and Roger Schnabel who are also into mining and construction.

While growing up Parker didn’t have much relationship with his parents when compared to his grandfather Klondike John Schnabel who thought him everything he knows about mining.

But according to him, his parents were very influential in what he has become today, as they were always there to guide him, especially after his grandfather and longtime mentor passed away in 2016.

Parker Schnabel Siblings

Parker grew up with his brother Payson, but it seems that Payson has channeled a new course for himself as much is not known about him in the world of mining.

Parker Schnabel Pets

There are no reports on whether Parker owns any pet or not as he hasn’t shared any photo of his pets on social media.

Parker Schnabel Social Media Presence

Parker Schnabel is not all that active on social media but he has gathered a huge fan base on different social media platforms.

He has over 1 million followers on his Facebook page, likewise his Instagram and twitter profiles.

Parker Schnabel Controversies, Rumors and Legal Issues

This miner is not that much of a typical celebrity and he seem to have a reserved nature, so as of now he doesn’t seem to be involved in any controversy, except for the fact that he was once rumored to being fooled by his Australian girlfriend Ashley who was only dating him for his money.

But all that has been denied by the lady.

 

10 Weird Things You Didn’t Know About Parker Schnabel

Parker Schnabel has been in the mining industry since he was a kid, so for sure there will be some awkward and strange things about him.

Let us quickly check them out right now.

10. He became a manager at the age of 16

To be honest, at the age of 16 I was still in high school chasing girls up and down, but this incredible young man was already in charge of a mining a company at that young age.

9. He was closer to his grandfather than his biological parents

Being very close to his grandfather helped Parker a lot in his mining success as he learnt virtually everything there is to learn about mining from him.

8. He is not a playboy

In this our generation, every young man who has made money would want to have all the ladies for himself, but Parker is a bit different as he has since been with one woman.

7. He may be a fool

There have been rumors about his Australian girlfriend Ashley dating him just for his money, but this allegations have been denied a lot of times by her.

6. Mining runs in his blood

In the Schnabel family everyone is a miner.

Really!

Oh Yes!

5. He is a gold addict

Right from his childhood days, Parker Schnabel has always been fascinated with gold and everything mineable.

4. He sacrificed his college fees

Parker used the money meant for his college to establish his own mining company but it quickly paid off as he struck $1 million worth of gold some few months after.

3. He was a child boss

At the age of 16 after he began to manage his grandfather’s mining company, he began to give instructions and control men old enough to be his father and they all called him Young Master.

2. He seem to be a nerd

Looking at him, you may think he is a nerd, but the young miner is not.

1. Parker Schnabel net worth

Parker Schnabel net worth began to grow when he was just 16 years old and will definitely continue to be on the increase.

Conclusion

Parker Schnabel net worth is a proof of his hard work and dedication to what he loves doing which is mining.

 

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About Chukwuka Ubani-Don

Chukwuka Ubani is a Computer Engineering student who derives joy when talking about celebrities. He loves writing on anything about his favorite celebrities, which includes net worth, biography and lot more. Chukwuka Ubani-Don is the founder of techmanny.com and a host of other websites.

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