What is Parker Schnabel's net worth? 'Gold Rush: Parker's Trail' star is richest gold miner among crew
HAINES, ALASKA: Parker Schnabel is into the mining business for years. The reality star is all set to go on extreme adventures in the trails of South America in the spin-off of the Discovery show. Parker will appear in 'Gold Rush: Parker's Trail' Season 6 for one more time after his newly built mine in Alaska, which he opened during Season 5, was completely washed out.
As Parker is ready to explore South America to recover 100 million dollars in gold hidden in the 'Gold Rush' spin-off, his net worth in 2023 has become a hot topic among netizens. However, Parker is working in mining since he was five years old. The reality star grew up working for his grandfather's mining company and worked hard to bring his business to the international stage. Read further to know more about Parker's net worth ahead of the release of the Discovery docuseries.
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What is Parker Schnabel's net worth?
Parker started working for his grandfather's mining firm, Big Nugget, when he was a young boy. Parker was born in Haines, Alaska on July 22, 1994. The reality star knew operating heavy machinery even before he was tall enough to reach the pedals. Parker wanted to pursue geology or mining studies in college but he had to give up his dream of higher studies because of his family struggles. The TV personality then tried his chance in the Yukon territory.
However, his career took a steep rise when his grandfather, John Schnabel, stepped down from carrying out Big Nugget's daily operations. Parker took over the company and became an incredible leader. However, to achieve new milestone success, Parker made the controversial decision and used his college trust fees to fund a gold mining operation in the Yukon territory. However, he seemingly made the right decision as Parker's venture proved to be a huge success and earned him a significant amount of money.
Parker has earned his current net worth from notable hard work. Meanwhile, mining is not the only source of Parker's income. He also earns from starring on reality television shows. Despite his huge success and stardom, Parker lives a very simple life. The reality star remains quiet about his assets but he debunked a rumor in 2018 that claimed he had purchased a luxurious mansion. Parker currently does not own luxurious vehicles or a boat but does have a large and expensive sandbox. According to Celebrity Net Worth, Parker has a net worth of $8 million as of 2023.
How much did he earn from 'Gold Rush: Parker's Trail'?
Parker is into the mining business since he was five but he rose to stardom after starring in the reality TV show 'Gold Rush' and its spinoff, 'Gold Rush: Parker's Trail'. Notably, the reality tv star is one of the richest gold minors among his co-stars. Parker earns about $25,000 per episode. Whilst, his co-stars earn around $10,000 to $25,000 per episode. Jack Hoffman makes around $10,000 per episode, while Fred Hurt gets a paycheck of $25,000 per episode.
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'Gold Rush: Parker's Trail' Season 6 premieres on Discovery on Friday, April 7, at 9 pm ET.