Parker Schnabel is a young American gold miner and reality television star who is best known for his appearances on the hit show Gold Rush. Over the years, Schnabel has become one of the most successful miners in the Klondike region, with a net worth estimated to be in the millions. In this article, we will explore Parker Schnabel’s net worth and how he built his wealth.
Early Life and Education
Parker Schnabel was born on July 22, 1994, in Haines, Alaska. He is the son of Roger Schnabel and Nancy Schnabel, who are also gold miners. Schnabel grew up working in his family’s gold mine, and by the age of 16, he was already running his own crew.
Career
Parker Schnabel’s career in gold mining began at a young age. He started working in his family’s gold mine at the age of 16, and by the time he was 18, he was already in charge of the mine. Schnabel’s success in mining quickly caught the attention of the producers of the hit reality television show Gold Rush, and he was offered a spot on the show’s second season.
Schnabel’s appearances on Gold Rush have made him a household name. He has become known for his determination, work ethic, and impressive mining skills. Over the years, Schnabel has also been featured on several spin-off shows, including Gold Rush: Parker’s Trail and Gold Rush: The Dirt.
Net Worth
Parker Schnabel’s net worth is estimated to be around $12 million. Most of his wealth comes from his successful career in gold mining, as well as his appearances on the hit reality television show Gold Rush. Schnabel has also made investments in several other business ventures, which have helped to increase his net worth over the years.
Mining
Parker Schnabel’s success in gold mining has played a significant role in his net worth. He has been mining for gold since he was a teenager, and over the years, he has become one of the most successful miners in the Klondike region. Schnabel’s mining operations have been featured on Gold Rush, and he has also been featured in several mining documentaries.
In addition to his work in the Klondike, Parker Schnabel has also mined for gold in Papua New Guinea. In 2019, he led a team of miners on an expedition to the remote jungles of Papua New Guinea, where they searched for gold in one of the world’s most dangerous regions.
Investments
Parker Schnabel has also made several investments in other business ventures, which have helped to increase his net worth. In 2016, he invested in the Alaskan restaurant The Boardroom, which has since become a popular destination for locals and tourists alike. Schnabel has also invested in several other businesses, including a software company and a drone technology startup.
Real Estate
Parker Schnabel has also invested in real estate over the years. In 2018, he purchased a 140-acre property in Haines, Alaska, which includes a large log cabin and several outbuildings. The property is located near his family’s gold mine, and it serves as a base of operations for his mining crew.
Conclusion
Parker Schnabel’s net worth is a testament to his success as a gold miner and reality television star. His determination and work ethic have made him one of the most successful miners in the Klondike region, and his appearances on Gold Rush have made him a household name. Schnabel’s investments in other business ventures, as well as his real estate holdings, have also helped to increase his net worth over the years. As he continues to expand his mining operations and invest in new business ventures, it will be exciting to see what new heights