‘Millionaire Castaway’ David Glasheen dead at 81 after starring in Channel 5 island doc with Ben Fogle

Published on July 06, 2025 at 11:22 AM

Former millionaire David Glasheen, who moved to a desert island after losing his fortune, has died aged 81.

The ex-stockbroker had been living alone on the idyllic Restoration Island, located off North East Australia, since 1997 after losing his fortune in the stock exchange crash 10 years prior.

Smiling older man with long white hair and beard wearing a blue tank top.
Former millionaire David Glasheen has died
 David Glasheen has been living on a desert island for 20 years
David Glasheen had been living on a desert island for over 20 years
Two men sitting on a log on a beach, each holding a bottle.
David featured in Ben Fogle’s Channel 5 documentary and showed his stripped back lifestyle
 The former millionaire lives in a wooden shack and has a limited internet connection
The former millionaire lived in a wooden shack and has a limited internet connection

David featured in Ben Fogle’s Channel 5 documentary and showed his stripped back lifestyle.

The ex-gold mining tycoon and property magnate, who at his most successful was worth an estimated £22million, lived in a wooden beach shack with only his loyal dog Polly for company.

But despite having limited electricity, fresh water and facing regular battles against deadly wildlife, the bearded exile insisted he felt safe on the island in an interview a few years ago.

He said: “Here there are snakes, spiders and crocodiles but it is safer here than lots of other parts of the world when you hear about terrorist attacks.

“I love it here because I have my safety, no matter how old and how tough you are you still want to go to bed knowing you are not going to be attacked.”;

Self-sufficient David, who was born in Sydney’s Northern Beaches to an Irish family, added at the time that there was nowhere he’d rather be than on his “heaven on earth”; natural paradise.

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