Parker Schnabel is a gold miner, and member of the Schnabel family. Parker's net-worth is about a half million $US
He was a 17 year old high school senior when he became the boss of the Big Nugget Mine in season 2. He has worked at the Big Nugget Mine for many years, under the direction and order of his grandfather, John Schnabel. During the Hoffman's second season, Parker was given the mine when John decided to step down. He has since had trouble getting his crew to follow his rule and still follows advice of his grandfather and other family members. He mined out the claim in season 3, needing new ground to mine.
In season 4, he moved off from Alaska to the Yukon and the Scribner Creek Claim in the Klondike, away from his home in Haines Junction on the Alaskan Panhandle, with his own Parker Crew to mine it, and his college fund as seed money.