American Entrepreneur, Business Executive, Founder, and CEO of Fyre Media Billy McFarland, is a celebrity from New York City. He also owns another two companies, Spling and Magnises. In addition, the popular businessman’s company announced a “Fyre Festival” luxury music festival to promote the Fyre music booking app.
The event was supposed to take place in April 2017. The festival’s advertising and promotion began through social media. The founder of the three companies Billy McFarland had been charged with being a fraudster by then. In his career, he received no honors. He was found guilty in October 2018 and sentenced to six years in federal prison.
Billy acknowledged his frauds and was imprisoned for the scams he made to bring in his company’s investors. Billy is currently incarcerated at FCI Elkton in Ohio. His fraud leads to a decrease in the image of his business as well as his net worth. He kept his life a secret from people, spending his life behind bars at the moment.
Born on 11 December 1991. Billy is quite tall and has a height of 6 feet 4 inches and his weight is 89 kg approximately. He has a body figure measurement of 42-32-37 with his biceps measuring 16 inches and wears number 12 in the shoe size. McFarland has blue colored eyes and the color of his hair is brown.
| Date Of Birth | 11 December 1991 |
| Age | 32 Years |
| Height | In Centimetres – 194 cm In Feet and Inches – 6′ 4″ |
| Weight | In Kilograms – 89 kg In Pounds – 196 lbs |
| Body Measurements | 42-32-37 |
| Eye Color | Blue |
| Hair Color | Brown |
| Shoe Size | 12 (US) |
After starting his business venture in the year 2013 Billy McFarland quickly started to acquire wealth and raised more businesses. The founder and CEO of the controversial company Fyre Media, has been a well-known entrepreneur in the United States.
He has earned most of his wealth through his work as a businessman and the total net worth estimated for Billy McFarland is $25 million US dollars as of now.
Billy McFarland was born and raised in New York United States of America. He attended Bucknell University after graduating from The Pingry School. McFarland has not shared any details about his family including his parents or siblings.
| Nickname | Billy |
| Birth Place | New York, United States |
| Profession | Entrepreneur, Founder, and CEO of Fyre Media |
| Sexual Orientation | Straight |
| School | The Pingry School |
| College | Bucknell University |
| Religion | Christianity |
| Nationality | American |
| Home Town | New York, United States |
| Fathers Name | Name Not Known |
| Mothers Name | Name Not Known |
| Brothers | Not Known |
| Sister | Not Known |
In August 2013, Billy discovered Magnise to build the unique ‘black card’ with the social incentives that include members of the club, and he targeted the big cities’ status-oriented millennials. After he also founded the Fyre Festival’s parent company, known as Fyre Media Inc.
Fyre Media reported that sheets sent to investors had to be worth about $90 million, but in fact, the authorities alleged that the firm was only doing business for about $60,000. Later, it was also discovered that the business is not keeping its consumer commitments, and Billy thinks about the possibility of planning the Fyre Festival at that time.
The Fyre Festival was supposed to be a lavish festival planned and run by Fyre Media which took place in the Bahamas in late April and May of 2017. Festival tickets were sold at a price of about $1,200.
The participants at the festival experienced a lot of significant misrepresentation, administration difficulties, and many other concerns on the arrival of the Great Exuma Island, leading to the cancellation of the event arranged by Billy McFarland and Ja Rule.
The festival was the subject of several litigation and prosecutions, and Billy McFarland and Ja Rule were sued by the organizers. Billy McFarland was found guilty of wire fraud and the possession of counterfeit event tickets in 2017 and was sentenced to six years in federal jail.
He is not married but was in a relationship with Anastasia Eremenko previously.
| Girlfriend | Anastasia Eremenko
|
| Marital Status | Unmarried |
| Wife | None |
| Children | None |
Here we provide you a list of Billy McFarland’s favorite things.
| Favorite Actors | Not Known |
| Favorite Actress | Not Known |
| Favorite Colour | Black and White |
| Favorite Holiday Destinations | Miami and Italy |
| Favorite Food | Italian Cuisine |
| Favorite Things To Do | Music, Traveling, & Working out in the gym |
- McFarland founded Magnises in August 2013.
- During his college days, he studied computer engineering.
- Billy was also charged with using fake documentation to lure investors to bring USD $26 million into his company.
- William Z. McFarland is his actual true birth name.
- Recently, Ja Rule said that he had already been scammed by William.
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