Net Worth

Net Worth: $50,000 Thousandaire
$50,000
$0 $250K $500K $750K $1M

Wealth Tier: Thousandaire

Net worth between $0 and $1 million

Annual Income

$50,000 (speaking engagements, media appearances)

Net Worth Timeline

2017: $5,000,000, 2018: $0, 2019: -$1,200,000, 2020: $0, 2021: $0, 2022: $10,000, 2023: $20,000

Billy McFarland's Biography

Billy McFarland is an American entrepreneur and TV personality best known for co-founding the notorious Fyre Festival, one of the biggest event scandals of the decade. Born on December 11, 1991, McFarland grew up in New Jersey and briefly attended Bucknell University before dropping out to pursue business ventures. He first made headlines with Magnises, a social club and credit card startup targeting millennials. However, it was the Fyre Festival in 2017 that catapulted him into infamy. Marketed as a luxury music festival in the Bahamas, the event was a disaster, leading to widespread backlash, lawsuits, and McFarland's conviction for wire fraud. He served several years in federal prison and was ordered to pay millions in restitution. Despite his controversial past, McFarland has attempted to rebuild his public image through media appearances and new ventures like PYRT. His story has been featured in popular documentaries on Netflix and Hulu, solidifying his status as a pop culture figure. Known for his ambitious—if ill-fated—ideas, Billy McFarland remains a cautionary tale about the risks of startup culture and influencer marketing.

Wealth in Perspective

Fun Fact

His story inspired two competing documentaries on Netflix and Hulu.

Full Name

William Z. McFarland

Nickname

Billy

Nationality

American

Birthday

December 11, 1991

Age

33

Zodiac Sign

Capricorn

Height

6'0" (183 cm)

Weight

176 lbs (80.0 kg)

Marital Status

Single

Spouse

None

Children

0

Education

Bucknell University (dropped out)

Famous For

Co-founding and promoting the infamous Fyre Festival

First Big Break

Founding Magnises, a members-only credit card company

Social Media

@billymcfarland on Instagram, @pyrtbilly on Twitter

Businesses Owned

Magnises, Fyre Media, PYRT

Awards

None

Category

Business

Controversies

Convicted of wire fraud for Fyre Festival; served prison time for defrauding investors and ticket buyers

Hobbies

Traveling, networking, event planning

Interests

Tech startups, luxury events, social media

Quote

"The most important thing is to never give up, no matter how difficult it gets."

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