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Oct 4, 2023 · The potential payout for his new terrain is 80,000 ounces of gold worth $160 million. Of course, securing that treasure is easier said than done. As Schnabel explains in this exclusive clip ahead ...
Dec 24, 2021 · Median wage on Parker Schnabel's crew comes out to roughly $34/hour. Discovery/YouTube. Parker Schnabel has truly risen through the ranks of the gold-digging community to become one of its ...
- Mike Bedard
- Introduction
- He Was Born Ahead of The game.
- Parker Schnabel Inherited The Mine from His Grandfather.
- Parker Schnabel Used His College Fund to Pay For His Early Expeditions.
- He Thinks People Have The Wrong Idea About Getting Rich in Mining.
When the Discovery Channel set out to make Gold Rush—and the multitude of spin-off shows that were spawned by its success—they were capitalizing on an American dream: to get rich. Gold Rush took its name from the 1800s gold mining boom that saw many lucky prospectors strike it rich, and it has stayed true to that name. Now, though, Gold Rush is foc...
Parker was born on July 22, 1994, in Haines, Alaska. Not the most hospitable of environments, there was a reason Parker’s family had settled here long before—to strike it rich. Parker’s grandfather, John Schnabel, was a wealthy man in his own right—he was the owner of Haines’ Big Nugget gold mine. The elder Schnabel purchased a claim at Porcupine C...
In 2011, John Schnabel entrusted his mining operation at Porcupine Creek to his grandson, Parker. At the time, Parker was only 16 years old, making this a serious undertaking for the teenager. Parker was willing to step up and prove himself, though. He had the support of his family—his father, Roger, was also heavily involved in the mining industry...
Parker Schnabel has always had a lot to be thankful for—his grandfather’s mine and experience, his parents’ support, his brother’s knowledge, and a show which made him famous. He also had a college fund that his family had set up when Parker was born in 1994. That college fund was able to pay for Parker’s early mining projects, since the young go-g...
Schnabel has been in the gold mining industry for over a decade now, and he’s learned a lot. He understands that you need to spend money to make money—something that he has always been pragmatic in accepting. Despite an impressive accumulation of wealth so far, he knows there are a lot of overheads that go into a mining operation. “I don’t get to k...
Subscribe to Discovery UK for more great clips: https://bit.ly/3wjYPAU10 weeks into the season, Parker Schnabel and his crew do the impossible after mining a...
- 10 min
- 516.3K
- Discovery UK
Mar 1, 2021 · In season 4, Schnabel mined 1,029 ounces of gold, valued at $1.4 million. In 2018's season 8, Schnabel pulled over 6,000 ounces out of the soil, worth more than $7.2 million .
Feb 24, 2023 · He stepped down during the show's Season 2, giving the company to his grandson Parker, who has, as a result, played a more prominent role on the series ever since. Sadly, John Schnabel passed away ...
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Parker blasts through his 7000oz gold goal proving his risky investment in buying his own land to mine was well worth it. #GoldRushSubscribe to Discovery:htt...
- 3 min
- 459.9K
- Discovery
