How Much Is Parker Schnabel’s Grandfather Worth?
In the world of gold mining, John Schnabel is a legendary figure who left an indelible mark. As the grandfather of Parker Schnabel, he played a pivotal role in shaping the family’s mining legacy. John Schnabel’s net worth at the time of his passing in 2016 was an impressive $7 million, a testament to his success in the industry.
Known for his appearances on the popular TV series “Gold Rush Alaska,” John Schnabel was a captivating presence. He owned two mines, the Big Nugget mine in Alaska and the Gold Nugget Mine in Porcupine Creek, which added to his wealth and reputation as a gold miner.
Following in his grandfather’s footsteps, Parker Schnabel has taken over the family business, becoming the owner and operator of the Big Nugget mine. He continues to ensure its profitability while honoring his grandfather’s legacy.
Stay tuned to discover more about John Schnabel’s early life, career, and the impact he had on the gold mining world.
John Schnabel’s Early Life and Career
John Schnabel, a legendary gold miner and patriarch in the mining world, was born in Kansas on February 11, 1920. From a young age, he faced financial hardships and began working as a paper boy. With his first paycheck, he purchased bread and cheese to support his struggling family.
Due to their involvement in bootlegging, Schnabel’s family had to flee to Alaska when authorities caught up with them. At just 19 years old, John joined his father in operating a sawmill in Alaska, gaining valuable experience in the industry.
However, his life took a turn when he served in World War II as part of the US Army Air Corps. After the war, Schnabel returned to Alaska and continued pursuing his passion for mining.
In 2009, Schnabel and his family were approached by executive producers of the Discovery Channel with an exciting opportunity. They proposed featuring the family in a reality show called “Gold Rush Alaska,” which aimed to showcase the challenges and triumphs of gold mining.
The show debuted in December 2010, and Schnabel was prominently featured in the first six seasons. Despite suffering a well-publicized heart attack during the second season, he remained resilient and continued to offer his experience and guidance to his son and grandson as they navigated the gold mining industry.
Throughout his career, John Schnabel’s dedication and expertise helped establish the family’s Big Nugget mine as a prominent force in the gold mining world.
John Schnabel’s Personal Life and Legacy
John Schnabel, a renowned gold miner, built not only a successful career but also a loving family. In 1950, he married Erma Dire, and together they had two daughters, and a son named Roger Schnabel. The family also welcomed two grandsons, Parker and Payson Schnabel, who are currently actively involved in the family mine.
While John Schnabel’s achievements in the mining industry were notable, his philanthropic efforts were equally remarkable. He had a generous spirit and deeply cared about his local community and various organizations. John Schnabel donated a significant portion of his wealth to support charitable causes, making a positive impact on the lives of many.
John Schnabel’s journey came to an end on March 18, 2016, at the remarkable age of 96. He passed away peacefully in his home in Oakland, California. However, his legacy as a legendary gold miner and a beloved family patriarch lives on. John Schnabel continues to inspire aspiring miners, and his family carries his torch, continuing his work in the gold mining industry.
