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Island owned by a single private citizen or corporation
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A private island is a disconnected body of land wholly owned by a private citizen or corporation. Although this exclusivity gives the owner substantial control over the property, private islands remain under the jurisdiction of national and sometimes local governments. Their size can vary widely, from that of a typical suburban yard to several hundred square kilometers.

Southeast Asia has numerous islands, with Indonesia being an archipelago of 17,000 islands and the Philippines having around 7,100. Real estate laws restrict foreigners' ability to buy property in the geographical area, and many islands either have unclear ownership rights or are already settled. Private islands that are available in Southeast Asia's real estate market are also prohibitively costly due to being in high demand by hotel developers. Developments address these difficulties by selling private islands that have villas and neighbor islands that have high end hotels; the proximity keeps costs of habitation down. Europe has hundreds of thousands of islands, many of which are privately owned. With 17,000 islands in Finland, 221,831 islands in Sweden and thousands in Croatia, Europe is increasingly becoming a hotspot for private island holidays. Many islands, although privately owned, are not suitable for development due to legal and governmental restrictions or due to the physical characteristics of the island. The Falkland Islands in the South Atlantic feature a number of private islands, typically run as sheep raising family farms and tourist destinations. Prominent among these is Weddell Island, one of the largest private islands in the world, with a surface area of While the Hawaiian island of Lanai is still bigger at , technically it might not qualify as part of its territory (about 2%) does not belong to the principal owner. Swains Island in the Tokelau archipelago has been owned by the family of Eli Hutchinson Jennings since 1856. In the late 1910s, the U. S. and Britian agreed that the island fell under U. S. jurisdiction, and in 1925 it was administratively joined with American Samoa. In the 1950s, after a labor dispute between the Jennings family and workers on its corpa plantation, a form of local government was established for the island, but the Jennings's ownership of the entire island was affirmed.