Billy McFarland

Quick Facts

Full Name	Billy McFarland
Occupation	Entrepreneur
Date Of Birth	Dec 11, 1991(1991-12-11)
Age	33
Birthplace	New York
Country	United States
Horoscope	Sagittarius

Billy McFarland Biography

Billy McFarland is one of the most popular and richest Entrepreneur who was born on December 11, 1991 in New York, United States. Entrepreneur and businessman, he is his CEO for Spling, Magnises, and Fyre Media. He became famous as the founder of the failed Fyre Festival the music festival which was designed to advertise an app for booking music. Fyre music booking application.

He was a partner with the rapper He worked alongside rapper Ja Rule to found the Fyre Festival. to create The Fyre Festival.

McFarland was raised in the Short Hills section of Millburn, New Jersey. His parents are real estate developers. At age 13, he founded an online outsourcing startup that matched clients with web designers. He graduated from the Pingry School in 2010. He then attended Bucknell University, where he studied computer engineering, but dropped out in May of his freshman year.

In August 2013, McFarland seeded payments company Magnises with $1.5 million of investor funding, aiming to create an exclusive “black card” with social perks, such as club membership, targeted at status-oriented millennials in certain big cities. McFarland also launched Fyre Media Inc., the parent company of the Fyre Festival. In a term sheet sent to investors, Fyre Media claimed to be worth $90 million. By contrast, authorities allege the company did only about $60,000 in business.

He was born to New York City, he was raised in Millburn, New Jersey.

Billy McFarland Net Worth

Billy McFarland is one of the richest Entrepreneur from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Billy McFarland 's net worth -$5 Million. (Last Update: December 11, 2023)

At just 13 years old He founded his first business which was an online company that connected clients with graphic designers. He did a brief study in computer engineering during his time at Bucknell University.

His first venture, Spling, was an online advertising platform. The second company, Magnises, was an exclusive social membership program.

William Z. McFarland (born December 11, 1991) is an American convicted fraudster 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.

Height, Weight & Body Measurements

Billy McFarland height Not available right now. Billy weight Not Known & body measurements will update soon.

Who is Billy McFarland Dating?

According to our records, Billy McFarland is possibily single & has not been previously engaged. As of December 1, 2023, Billy McFarland’s is not dating anyone.

Relationships Record : We have no records of past relationships for Billy McFarland. You may help us to build the dating records for Billy McFarland!

In March 2018, McFarland pleaded guilty to two counts of wire fraud in Federal Court in Manhattan and admitted to using fake documents to attract investors to put more than $26 million into his company. He agreed to forfeit over $26 million. On June 12, 2018, McFarland was charged with selling fraudulent tickets to events such as the Met Gala, Burning Man, and Coachella while out on bail. On October 11, 2018, McFarland was sentenced to six years in federal prison.

Facts & Trivia

Billy Ranked on the list of most popular Entrepreneur. Also ranked in the elit list of famous people born in United States. Billy McFarland celebrates birthday on December 11 of every year.

The controversy around Fyre Festival were detailed in two documentaries in 2019: Hulu released Fyre Fraud on January 14, and Netflix released Fyre: The Greatest Party That Never Happened, directed by Chris Smith, on January 18.

Where is Billy McFarland now?

Billy McFarland, the man behind the doomed Fyre Festival in 2017, was partially made a free man when he was released early from prison and transferred this week to a halfway house in Brooklyn, New York.

Is Billy McFarland related to Seth McFarland?

Originally Answered: Are Billy McFarland (FYRE Festival) and Seth MacFarlane brothers? They are not. Neither are they related to Todd McFarland the comic book artist/writer.

How did Billy McFarland make his money?

New York, New York, U.S. In 2013, McFarland founded Magnises, a 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.

Is Billy still in jail?

Fyre Festival organizer Billy McFarland, the admitted fraudster in the failed festival, has been released from federal prison custody and moved into a halfway house Wednesday, his lawyer says.

What is Billy McFarland doing now 2022?

He is now under the management of Residential Reentry Management New York — the administrative office overseeing halfway houses located in southern New York, eastern New York and New Jersey. TMZ first reported the news.