Billy McFarland (fraudster) Personality Type
American convicted contrepeneur (born 1991)
William Z. McFarland (born 1991) is an American 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.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. 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.
