Parker Schnabel Forbes Net Worth (Updated 2026).

Parker Schnabel, born in 1994, hails from Haines, Alaska, a small town known for its rich gold mining history. His foray into the gold mining business was no coincidence, as his grandfather, John Schnabel, was a renowned miner who owned the Big Nugget Mine. Parker’s journey began at the tender age of 16 when he started working at his grandfather’s mine, learning the ropes of the trade.

In 2010, Parker’s life took a significant turn when he appeared on the Discovery Channel’s reality TV show, “Gold Rush.” The show documents the lives of various gold mining crews, including Parker’s family, as they navigate the challenges and thrills of mining in Alaska. Parker’s tenacity, strategic thinking, and innovative problem-solving skills quickly set him apart, capturing the audience’s attention and catapulting him to fame.

Parker Schnabel’s Current Net Worth (2025)

As of 2025, Parker Schnabel’s net worth is estimated to be around $10 million. This significant wealth is primarily accumulated through his mining operations in the Yukon, as featured on the Discovery Channel’s “Gold Rush.”

Career

Parker Schnabel began his gold mining career at the age of 16, working for his grandfather, John Schnabel. He took over his grandfather’s claim in 2011 and has since become one of the most successful miners on “Gold Rush.” In 2016, he became the first miner to exceed $3 million in a single season.

Other Ventures

Besides gold mining, Schnabel has also ventured into other businesses. He owns a heavy equipment and machinery company, which provides support services to other miners in the Yukon. Additionally, he has invested in real estate, including a property in Porcupine Creek, Yukon.

Assets

Schnabel’s assets include his mining equipment, such as excavators, bulldozers, and wash plants, which are essential for his gold mining operations. He also owns several vehicles, including trucks and ATVs, necessary for navigating the rugged terrain of the Yukon. His real estate holdings, including his property in Porcupine Creek, also contribute to his overall wealth.

Annual Income

Parker Schnabel’s annual income varies greatly depending on the gold market and his mining success. However, according to “Gold Rush” production, he has earned over $1 million in a single season. In 2016, his peak season, he reportedly earned around $3.5 million. His annual income is not publicly disclosed, but it is estimated to be in the millions.

Frequently Asked Questions about  Parker Schnabel Forbes

Frequently Asked Questions: Parker Schnabel Forbes Net Worth

1. What is Parker Schnabel’s net worth?

Parker Schnabel’s net worth is estimated to be $10 million.

2. How does Parker Schnabel make his money?

Parker Schnabel makes his money primarily through gold mining. He is the owner of Big Nugget Mine in Yukon, Canada, which is featured on the Discovery Channel show “Gold Rush.” He also has investments in other businesses.

3. How old is Parker Schnabel?

Parker Schnabel was born on July 22, 1994, making him 28 years old as of 2022.

4. Where is Parker Schnabel from?

Parker Schnabel is from Haines, Alaska, but he currently resides in Porcupine Creek, Yukon, Canada, where his mine is located.

5. How did Parker Schnabel get started in gold mining?

Parker Schnabel started gold mining at the age of 16 when he joined his grandfather, John Schnabel, at the family’s Big Nugget Mine. He took over the mine’s operations after his grandfather’s death in 2016.

6. What is Parker Schnabel’s highest gold find?

Parker Schnabel’s highest gold find was in the 2020 season of “Gold Rush,” where he found a 6,241-ounce gold nugget worth over $10 million.

7. Is Parker Schnabel married?

Parker Schnabel is not married. He has been in a relationship with his girlfriend, Ashley Youle, since 2018.

8. Does Parker Schnabel have any siblings?

Parker Schnabel has one sister, Payson Schnabel, who is also featured on the “Gold Rush” TV show.

9. What is Parker Schnabel’s height?

Parker Schnabel is 6 feet 2 inches (1.88 meters) tall.

10. What is Parker Schnabel’s Instagram handle?

Parker Schnabel’s Instagram handle is @parkerschnabel.