Keith Colburn Net Worth


He caught the bug for the fishing lifestyle back in 1985 after joining his friend Kurt Frankenberg on a trip to Kodiak, Alaska. The pair started as true greenhorns on the ship, the Alaska Trader, which was a 135-foot crabber/tender. In 1988, three years after arriving in Alaska, Colburn became a Deckhand on the Wizard, and by 1990, moved from the deck of the ship to the pilothouse where he worked as the Skipper. Colburn purchased his first fishing vessel in 2002 – a 100′ crabber called the Sirene. but continued to operate the Wizard. In 2004, he sold the fishing rights to the Sirene in a government run fleet reduction program (which led to a reduction of the crabbing fleet from 250 to 80 crabbers), and subsequently purchased the Wizard so he could secure his presence in the crabbing industry. Today he continues to work as the Captain and Owner of one of the Bering Sea’s premier crab vessel, the Wizard.