John Schnabel Net Worth after he left the world in 2016

By | December 1, 2016

John Schnabel was a renowned gold miner whose net worth is $5 million. Born in 1920, he left behind son and 02 grand children who are into the same business. John Schnabel is the famous Gold miner of the USA from the popular Discovery Channel show “Gold Rush”. John Schnabel is the part owner of the Big Nugget Mine with his son Roger. He is oldest and most experienced part of “Gold Rush” and he was the Mayor of Haines of Alaska.

John Schnabel Net Worth

Name John Schnabel
Net Worth $5 Million
Source of Income Gold Miner
Annual Salary $140,000
Monthly Income $11,000
Weekly Income $2,700
Birth Date February 11, 1920
Ethnicity White
Height Under Review
Weight N/A
Wife Erma Dire
Children Roger Schnabel
Passed away March 18, 2016

This patriarch of Schnabel family was in the gold mine business throughout his life and recently he had a massive heart attack, but after recovery, he returned to his ring as the boss of his grandson but he passed away on 2016 due to prostate cancer. It was 18th March 2016. Even before his death, he decided to retire from the day to day schedule of the show but as a boss, he was always there for his grandson. The show has given the legend a huge honor by telecasted a special episode on him, “Remembering John Schnabel, Gold Rush’s Special Episode”.



John Schnabel with her Family

His son and his grandson ParkerPayson Schnabel, are still in the same business and Parker wants to continue his career in Gold Mine. John was born on 11th February of 1920 and his birth place is Kansas. He is the son of a Wheat farmer of Kansas, who left the place due to a huge loss in his business and went to Alaska. He started the career as a paper boy and has bought just the bread and cheese for his family with his first salary. He was married to Erma Schnabel and they have three children Roger Schnabel and his two sisters.

He has founded the Goldmine nuggets in Porcupine Creek and he just picked the place with the wish to spend his holidays with family there. But then the reason changed and he became the gold miner and of course a successful gold miner with the net worth of $5 million. He reached Alaska when he was eighteen and attacked by the gold fever like others. He knew that Alaska is the place where he could find his fortune so he did every possible hard work to touch the height of success. His interest and love for Goldmine made him a legendary gold miner even he is just the single person of the show, who found 50 ounces of Gold (1.4 kg) in one day and there also the big nuggets of gold. There also a documentary on John, made by his family “Grandpa’s Last Wish” which showed on the show as his last dream was gold mining Smith Creek Hill.

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