American gold miner Parker Schnabel has an estimated net worth of $500 thousand. Born in Haines, Alaska, he has been involved with mining since he was a child. He grew up working for Big Nugget, his grandfather John Schnabel’s mining company. Currently in high school, he plays on the varsity basketball team.

Nicknamed “The Young Master”, Schnabel is an avid explorer and outdoorsman. He intends to focus on geology or mining studies in college as he intended to returning in running the family mine. When his grandfather stepped down, he took over the daily operations of the mine. However, he had trouble getting his crew to follow his rule. He still follows the advice of his grandfather as well as the other family members.

Parker is one of the subjects of the Discovery Channel series Gold Rush Alaska or simply known as Gold Rush. Currently on its third season, the show focuses on the mining of gold placer deposits found in Alaska and the Klondike by various teams of miners. Schnabel’s 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.