Parker Schnabel – Est.$8 Million

Parker Schnabel is an American gold miner and reality television star who has a net worth of $8 million. He is best-known for starring on the long running reality TV show Gold Rush and its spinoff Gold Rush: Parker’s Trail. Parker Russell Schnabel was born in Haines, Alaska on July 22, 1994. Parker Schnabel has been involved with mining since he was just five years old. Parker grew up working for his grandfather John Schnabel’s mining company, Big Nugget. He started operating heavy machinery before his feet could even touch the pedals.

After his grandfather John stepped down from day to day operations of the mine, Parker stepped in to fill his shoes. He took the reins and led a team of miners over twice his age and showed he had the ability to find serious gold. Parker made the controversial decision to, instead of going to college, to move away from his home mining area to seek new fortunes in the Yukon territory. He tapped his own college trust fund to use as seed money for the operation.