Billy McFarland Net Worth (2025)
Entrepreneur, TV Personality
Net Worth
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."