Parker Schnabel’s grandfather, John Schnabel, began his career in the gold mining industry in the late 1970s, when he moved his family to Porcupine Creek, Alaska, in search of fortune. With little more than a pickaxe and a dream, John started mining gold the old-fashioned way, working tirelessly in the harsh Alaskan wilderness.

John’s dedication and perseverance paid off, and over time, he became a well-known figure in the gold mining community. He was known for his no-nonsense approach to mining, his vast knowledge of the land, and his ability to inspire those around him. As his reputation grew, so did his mining operation, eventually becoming one of the largest and most successful gold mining businesses in the region.

Parker Schnabel’s Grandfather’s Current Net Worth (2025)

As of 2025, Parker Schnabel’s grandfather, John Schnabel, has an estimated net worth of $100 million. This figure is based on the latest available information, as John Schnabel passed away in 2016.

Career

John Schnabel was a successful businessman and miner. He founded Big Nugget Mine in Haines, Alaska, in the 1980s, which became one of the most productive mines in the region. He also owned and operated other mining operations throughout his career.

Other Ventures

In addition to his mining ventures, John Schnabel was also a prominent figure in the Alaskan business community. He served on several boards and was involved in various philanthropic efforts. He was also a co-owner of the Discovery Channel show “Gold Rush,” which featured his grandson, Parker Schnabel.

Assets

John Schnabel’s assets included several mining claims, properties, and businesses in Alaska. He also had significant investments in stocks and bonds. His estate was estimated to be worth over $100 million at the time of his death.

Annual Income

John Schnabel’s annual income varied throughout his career, but at the height of his mining operations, he was estimated to be earning millions of dollars per year. His income from the Discovery Channel show “Gold Rush” was not disclosed publicly.

Frequently Asked Questions about  Parker Schnabel Grandfather

**Frequently Asked Questions: Parker Schnabel’s Grandfather and Net Worth**

1. Who is Parker Schnabel’s grandfather?

Parker Schnabel’s grandfather is John Schnabel, a gold mining legend from Haines, Alaska. John was the patriarch of the Schnabel family and the founder of Big Nugget Mine.

2. What was John Schnabel’s net worth?

John Schnabel’s net worth was estimated to be around $500 million at the time of his death in 2016. His wealth primarily came from his gold mining operations and businesses.

3. How did Parker Schnabel get involved in gold mining?

Parker Schnabel got involved in gold mining through his grandfather, John Schnabel. Parker started working at Big Nugget Mine when he was just a teenager and eventually took over the operation.

4. What is Parker Schnabel’s net worth?

Parker Schnabel’s net worth is estimated to be around $10 million as of 2021. His wealth comes from his gold mining operations, primarily at Porcupine Creek Mine, and his appearances on the reality TV show “Gold Rush”.

5. How old is Parker Schnabel?

Parker Schnabel was born on July 22, 1994, making him 27 years old as of 2021.

6. What is the name of Parker Schnabel’s mine?

Parker Schnabel currently operates Porcupine Creek Mine, located in Haines, Alaska. He previously worked at Big Nugget Mine, which was owned by his grandfather, John Schnabel.

7. Has Parker Schnabel won any gold mining competitions?

Yes, Parker Schnabel has won several gold mining competitions. In 2016, he won the “Gold Rush” TV show’s “Ultimate Gold Rush” competition, where he mined over 1,000 ounces of gold in a single season.

8. Is Parker Schnabel still mining gold?

Yes, Parker Schnabel is still actively involved in gold mining. He continues to operate Porcupine Creek Mine and appears on the reality TV show “Gold Rush”.

9. What is Parker Schnabel’s relationship with his father, Roger Schnabel?

Parker Schnabel has a close relationship with his father, Roger Schnabel. Roger is also involved in the gold mining business and has appeared on “Gold Rush” alongside Parker. They often work together on mining projects.

10. What is Parker Schnabel’s educational background?

Parker Schnabel attended Haines High School in Haines, Alaska. After graduating, he pursued a degree in geology at the University of Alaska Fairbanks. However, he eventually dropped out to focus on his gold mining career.