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What is Parker Schnabel’s net worth in 2018? It has been announced that the Gold Rush star is getting a second season for his own show, so money shouldn’t be an issue! He’s also reportedly split from his girlfriend, Ashley Youle. Not that he’s complaining; he’s got a net worth of $8.0 million to dry his tears!

Fans of the hit Discovery Channel show, Gold Rush: Parker’s Trail, want to know more about the gold miner’s life and why he and his ex-girlfriend broke up. More importantly, his His career earnings have taken a significant climb in the last couple years and it’s likely thanks to his new projects. How rich is Parker Schabel? It seems Gold Rush has certainly paid off and he’s living his “golden years” with a boatload of money! How exactly did he accumulate such wealth? Keep reading and we’ll tell you!

Also Read: Leon Thomas III’s Net Worth in 2018: Will His Music Video Boost His Ever-Growing Wealth?

Who Is Parker Schnabel?

If you’re unfamiliar with the Gold Rush star, we’ve got the details you need, right here.



  • Parker Schnabel was born on July 22, 1994 (age 23) in Haines, Alaska to Nancy and Roger Schnabel. His brother is Payson and his grandfather was John Schnabel, who you also may be familiar with if you watch the show.
  • Parker followed in the family business and went into gold mining.
  • His grandfather, John, owned the family gold mine, Big Nugget and taught Parker how to work it.
  • At just 16 years old, Parker took over the family business and showed how skilled he was by running his own team of miners, twice his age.
  • Parker found a serious amount of gold and instead of heading to college with his money, he used it to finance his own mining operation.

John Schnabel’s Death

  • In March 2016, Parker’s grandfather, John Schnabel, died in his sleep at age 96.
  • John was born in 1920 in Kansas and escaped to Alaska to avoid the police, due to his bootlegging past.
  • Though he was a fugitive for a time, he joined the Army Air Corps, back in World War II.
  • He later got married to Emma Dire in 1950 and they had five kids together.
  • John became a gold miner as a solution to his boredom, which he felt after having a triple bypass surgery in 1986.
  • Before his death, he battled cancer and even survived health issues, which became a cliffhanger on the show at the time.
  • After the news was announced, Parker took to social media to express the loss he felt about his grandfather.

Parker Schnabel’s Girlfriend

  • The term “gold digger” normally refers to a woman but in Parker’s case, he literally was digging for gold!
  • As many may remember, the Gold Rush star was in a relationship with his Australian girlfriend, Ashley Youle.
  • The two originally met in Australia, when Parker asked her to come visit the U.S., which led to them dating.
  • Youle also helped out in the summer with Parker’s business and did what Parker asked of her.
  • According to the Inquisitr, Parker and Youle broke up recently, as revealed on pre-show, Win Big or Die Trying.
  • Parker claimed that he didn’t make time for their relationship and admitted that Youle could “do better.”
  • The gold miner had nothing but good things to say about his ex and considers their split a personal failure.

How Rich Is Parker Schnabel?

  • In the last few years, Parker’s salary has increased and it’s all thanks to his successful TV show.
  • His net worth increased from a reported $1.0 million to $8.0 million, though it’s possible that it could be in between.
  • Now, Parker’s show has been cleared for a second season and this time, his crew will be digging in the jungles of Guyana, South America!
  • Parker and his men plan to look for gold at the site of El Dorado, the legendary city of gold!
  • According to The Hollywood Reporter, Guyana had more than $750.0 million worth of gold. So, if all goes well for Parker in El Dorado, he’ll be cashing in on some serious buried coin!
  • That being said, Parker’s net worth could see a massive increase, if he can survive whatever the jungle throws at him, of course!

Season 2 of Gold Rush: Parker’s Trail airs on Friday, March 30 at 9:00 p.m. EST on Discovery Channel, so be sure to tune in! Until then, check out an interview with Parker below as he gives details on what to expect from this season in the jungle!