Police have confirmed the young man who died this morning was businessman Stuart Baggs.
Officers were called to a property on Central Promenade in Douglas at 9am where the 27-year-old's body had been found.
They say there is nothing to indicate that the former Apprentice star’s death is “criminally suspicious”.
Lord Alan Sugar from the hit TV show has tweeted his shock at the news saying he was one of the "stand out characters" from the TV show.
The Coroner of Inquests has been informed - police enquiries will continue.
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