‘Gold Rush’: Here’s the Wealthiest Miner on the Series

by Amy Myers
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Since the start of the series in 2010, Gold Rush has followed the turmoil and triumphs of several experienced and esteemed miners. Set in Klondike, Yukon in the Great White North, the three men leading the mass of machinery and crew members are Parker Schnabel, Tony Beets, and Todd Hoffman.

Because the men unearth one of the most highly sought-after precious metals on the market, you would think that their lives are luxurious. However, as history has shown us, mining is a risky business. There’s no telling what challenges the crews may face each day. Whether nature-related obstacles, legal restrictions or machine malfunctions, there’s a lot that can stand in the way of a big paycheck. Of course, that means the wealthiest of the bunch is also the most skilled.

So, who’s worth their weight in gold?

‘Gold Rush’ Wealthiest Miner Originally Worked in Agriculture

Tony Beets holds the title for the richest miner on Gold Rush. Unlike fellow cast member, Parker Schnabel, Beets didn’t always have his heart set on the mining industry. In fact, years before he was a star on the show, Beets lived in Holland and milked cows for a living. However, the Holland native didn’t find his job utter-ly exciting, so he packed his bags (and maybe a few cartons for the road) and took a flight to Canada. Once there, he took a job in construction for three years before finally becoming a miner in Dawson City in 1984. Since then, Beets has created a net worth of over $15 million.

The phrase about “old dogs and new tricks” doesn’t apply to Beets and his continued success. Time and again on Gold Rush, Beets has proven to his fellow miners that he is still a force to be reckoned with. In 2018 alone, Beets managed to unearth a gold supply of over 3,600 ounces. For that huge of a haul, Beets could have seen up to $4.39 million. 

Of course, the next question is, who takes second place for the wealthiest miner, Schnabel or Hoffman?

We’ll give you a hint–he’s the youngest miner on Gold Rush.

Parker Schnabel Takes Second Place as Wealthiest on the Show

Although Beets holds the gold medal for wealthiest miner, that by no means indicates that Schnabel is scraping the barrel for grocery money. The 27-year-old miner is living comfortably with his $10 million net worth. Since his start in the mining industry as a teenager, Schnabel has certainly had to learn to keep up with the more experienced workers in the field. However, with his bold decisions and impressive results, Schnabel is just as profound a miner as Beets.

Lastly, third place belongs to Hoffman, who holds a still remarkable net worth of $7 million. But don’t count him out of the running just yet. For as much skill as there is involved in gold mining, there’s an equal amount of luck and good timing.

Outsider.com