Michael Crossland on Losing His Mum’s Life Savings Six Weeks Before the GFC

Michael Crossland on Losing His Mum’s Life Savings Six Weeks Before the GFC

August 30, 2026 · 17 min · Episode 515

About this episode

Michael Crossland shares his journey of loss and resilience after losing his mother's life savings just before the global financial crisis and how it led him to rebuild lives in Haiti.

Then came the part he calls one of the hardest of his story. When his parents separated, Michael invested his mum’s share of the settlement in a high risk portfolio to try and buy her a home. Six weeks later the global financial crisis hit and he lost everything she had, the money of the one person who’d sacrificed her whole life for his. What followed was rock bottom at a caravan park, bacterial meningitis, fluid on the brain and Bell’s palsy, learning to walk and talk again, and the darkest stretch of his life, with his wife refusing to leave his side. Out of it came his why. Michael and his wife went to Haiti after the earthquake, rebuilt a school that now teaches 270 kids, and met an eight year old boy eating out of a bin who’d lost his whole family. Michael rebuilt his orphanage from the ground up, became a father figure to 44 kids, and that little boy has just graduated engineering with honours in the top 10 per cent of university students in the world. And as Knuckles says, we’re not even halfway through this story. #propertrueyarn Hosted on Acast. See acast.com/privacy for more information.

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