Billy McFarland Biography and Wiki
Billy McFarland born William Z. McFarland is an American con artist and convicted felon who co-founded the ill-fated Fyre Festival. He defrauded investors of $27.4 million by marketing and selling tickets to the festival and other events. Vanity Fair describes him as “the poster boy for millennial scamming”.
In 2013, McFarland founded Magnises, a card-based club targeted at millennials, using $1.5 million of investor funding. He later founded and was CEO of Fyre Media, which developed the Fyre mobile app for booking music talent. In late 2016, along with rapper Ja Rule, McFarland co-founded the Fyre Festival, a “luxury” music festival intended to promote the Fyre app. The event was scheduled to take place in April and May 2017 but was aborted after attendees had arrived due to problems with security, food, logistics, understaffing, accommodations, and talent relations.
In May 2017, McFarland and Ja Rule were sued for $100 million in a class-action lawsuit on behalf of Fyre Festival attendees. The following month, McFarland was arrested and charged with wire fraud in Manhattan federal court for his role in the organization of the festival. After pleading guilty to two counts of wire fraud in March 2018, he was sentenced to six years in federal prison. He was released in late March 2022 after serving less than four years.
10 Quick Facts About Billy McFarland
Here is a list are 10 facts
- Name: William Z. McFarland
- Age: 31 years old
- Birthday: December 11th
- Zodiac Sign: Sagittarius
- Height: 6 feet 4 inches
- Nationality: American
- Occupation: Businessman
- Marital Status: To be Updated
- Salary: To be Updated
- Net worth: $1 million and $5 million
