Billy McFarland

Rare card · No. 19168

William Zervakos McFarland (born December 11, 1991) is an American businessman and entrepreneur who was convicted of financial crimes related to Fyre Festival, having defrauded investors of $27.4 million. In 2022, Vanity Fair described him as "the poster boy for millennial scamming". In 2013, McFarland founded Magnises, a card-based club marketed for 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, intended to be a luxury music festival to promote the Fyre app. The 2017 event was cancelled after attendees had already arrived, due to problems with security, food, logistics, understaffing, accommodation, and customs. In May 2017, McFarland and Ja Rule were sued for $100 million in a class-action lawsuit on behalf of Fyre Festival attendees. The following month, McFarland was arrested and charged with...

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