Gold Rush aired on the Discovery Channel, premiering in 2010 and focusing on a group of miners trying to strike it rich in the Yukon. The show had many ups and downs throughout the series. One of the standout cast members was Parker Schnabel, who became incredibly popular over the seasons.
Parker was born into a mining family and worked in the gold mining industry from a young age. He learned and picked up the trade from his grandfather. At the age of sixteen, Parker took over the mining operation and began starring in Gold Rush. Over the seasons, he became one of the most prominent characters on the show.
Parker Schnabel’s net worth is said to be in the millions of dollars. He appeared on Discovery’s Gold Rush as a child and his grandfather, John Schnabel, was the main focus of the show. John Schnabel was a legendary figure in the gold mining industry, but he decided to step down and hand over the reins to Parker. Unfortunately, John Schnabel passed away on March 18, 2016, at the age of 96.
Parker shared his gratitude on social media, thanking his fans for their love and support during this difficult time. He mentioned how grateful he was that the world got to see his grandfather before he passed away. In 2017, Parker Schnabel’s net worth was estimated to be in the millions of dollars. Parker was one of the wealthiest cast members in the Gold Rush. He reinvested his money in new machinery so they could mine more gold, which led to significant success and expansion.
Parker’s success in the mining industry was not without its challenges. He used the experience and skills he learned from his grandfather to build a thriving business. After his grandfather stepped down, Parker decided to take the family business to the next level. However, things weren’t always easy.
In season 2 of Gold Rush, Parker and his crew barely broke even, making just $14,000. By 2019, however, Parker had mined over $14 million in gold. His grandfather’s mentorship played a major role in his success. Parker shared some of his favorite memories with his grandfather during a Facebook Live event, reminiscing about their time working together. Fans expressed sadness at the passing of John Schnabel, a figure who had been in the gold mining industry for over 90 years.
John’s legacy continues to inspire Parker, who is determined to make his grandfather proud. Parker has also expanded his projects, teaming up with other miners and taking on new challenges. However, his relationships with some of his co-workers have become strained, leading to conflict on the show.
Parker claimed that the reason behind the discord was a clash of personalities. Despite these challenges, Parker remained focused on his mining career, continuing his grandfather’s legacy.
