Since the first season of Gold Rush aired on Discovery Channel on the 3rd of December 2010, it has made several public figures, including Tony Beets who has been a part of the show since its early days. He made his first appearance on the show in “Drill or Die”, the fifth episode of the second season which aired on the 25th of November 2011. He has now been seen in over 100 episodes of the reality television series which revolves around the gold mining efforts of multiple families that operate mining companies in Canada.
The popularity of the show birthed several after-shows and specials which Beets has also been a part of. The attention he gets from all of these shows extends to his real life and has left many people curious about things like his net worth and love life. The latter is a tale for another day.
Tony Beets Is Believed To Be Worth $15 Million and Minning Is The Major Source of His Wealth
Anyone who knows a thing or two about Tony Beets shouldn’t be told that he made most of his wealth from being a gold miner. Though he is now a multi-millionaire, it has not always been so for him. Born in Holland where he was raised on a farm, Beets moved to Canada in 1984 and settled in Dawson City located in Yukon.
Before he got into gold mining, his source of income was as a dairy farmer; he earned his living from milking cows. Beets has come a long way since he joined the industry as a machine operator. He worked for Klondike Gold Corporation for two years, from 1984 to 1986, before he founded his miming company.
Tony Beet is the mine boss of Tamarack Inc., a gold mining company also based in Dawson, Yukon. The company has been existing since 1986 and is now considered one of the biggest miners in the Klondike. Sometime in August 2017, it was reported that Beet and his company were fined $31,000 for pouring gas into a dredge pond and setting it on fire.
He Has Also Made Good Money From Being a Reality TV Star
Apart from what he makes from his exploits as a gold miner through his company Tamarack Inc., another significant source of Tony Beet’s net worth is his career as a reality television star. Since he first appeared in Gold Rush in 2011, he has been seen in no fewer than 181 episodes of the Discovery Channel show.
According to various reports, cast members of the show earn anywhere from $10,000 to $25,000 per episode of the show. As Tony is one of the top cast of the show, it wouldn’t be out of place to assert that he pockets $25,000 for each episode. If this is true, then he has made over $4.5 million from the series.
Disregarding Gold Rush, he has also made good money from other similar shows like Gold Rush: Winter’s Fortune and Gold Rush: The Dirt. Respectively, he has been seen in at least 6 and 41 episodes of these shows. That’s not all, Tony Beets has equally appeared on Gold Rush: South America, Gold Fever, Gold Rush: Pay Dirt, and Gold Rush: White Water. While what he made from each of these appearances are best known to him, they have undoubtedly added to his wealth.
Tony Beets Is The Richest Cast Member of Gold Rush Right Now
The Discovery Channel show, as stated earlier, brought several gold miners to the limelight. Some of its popular former cast members include Jack and Todd Hoffman, Jimmy Dorsey, James Harness, Earle Foster, Michael Halstead, Wayne “Nugget Brain” Peterson, Jason Otteson, “Dakota” Fred Hurt, and Dustin Hurt. There were also Melody Tallis, Greg Remsburg, Jim Thurber, John Schnabel, and Dave Turin.
Apart from Tony Beets, other current cast members of Gold Rush who have been a part of the show from its early days are Parker Schnabel, Rick Ness, Chris Doumitt, Fred Dodge, and Roger Schnable. While Parker, Fred, and Chris have been cast members since the first season of the show, the rest joined in the second season.
Of all the current cast members of the popular show, he is the richest at the moment.
Houses and Cars: How Does The Gold Miner Spend His Money?
Tony Beets now lives for gold mining and as far as we know, he reinvests most of what he makes into the business through his company, Tamarack Inc. Even though he has all it takes to live a lavish lifestyle and has earned the right to indulge some luxury, Tony isn’t all about that. He is a prudent man living a simple life. Nonetheless, he has ensured his family members are comfortable. Although most of the profits he makes are used to acquire more equipment for his business as he has refused to live the life of Riley, he reportedly owns a Mercedes convertible estimated to be worth $145,000 and at least two homes.
Tony and his family own a winter home in Arizona, located in North Norfolk, south-central Manitoba, Canada. They lived here until sometime in late 2019 or early 2020 when they moved into a new home in Paradise Hill – a village you will find in the Canadian province of Saskatchewan. The fact that the man is a multi-millionaire living a simple life has endeared him to many who find his way of life inspiring.