Parker Schnabel net worth: Parker Schnabel is an American gold miner and reality television star who has an estimated net worth of $500 thousand dollars. Born in Haines, Alaska, Parker Schnabel has been involved with mining since he was a child. Parker grew up working for his grandfather's mining company, Big Nugget. He is currently a senior in high school and plays on the varsity basketball team. An avid explorer and outdoorsman, Parker intends to focus on geology or mining studies in college, with the intention of returning to run the family mine. He took over daily operations of the mine this past summer. He is one of the subjects of the Discovery Channel series, "Gold Rush Alaska", also known simply as "Gold Rush", which is in its fourth season on the network after debuting in December of 2010. His participation in the series is notable for the episodes in which he attempted to help the miners at the Porcupine Creek claim, only to discover that they knew next to nothing about what they were doing. After his grandfather John stepped down from day to day operations of the mine, Parker stepped in to fill his shoes. In the fourth season of the show, Parker made the controversial decision 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.