|Celebrated Name:||Billy McFarland|
|Real Name/Full Name:||William Z. McFarland|
|Age:||29 years old|
|Birth Date:||December 11, 1991|
|Birth Place:||New York, United States|
|Height:||6 feet 4 inches|
|Marital Status:||In a relationship|
|Children/Kids (Son and Daughter):||No|
|Dating/Girlfriend (Name):||Yes (Anastasia Eremenko)|
|Is Billy McFarland Gay?:||No|
|Net Worth in 2020:||-$5 million|
|Last Updated:||January 2021|
Billy McFarland is an American businessman, as well as the CEO and founder of three companies that include Fyre Media, Spling, and Magnises. In the year 2017, Billy was charged for the wire fraud, and he was arrested and sentenced to six years in the federal prison in 2018.
Maybe you know about Billy McFarland very well, but do you know how old and tall is he and what is his net worth in 2021? If you do not know, we have prepared this article about details of Billy McFarland’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Billy McFarland was born on 11 December 1991, in New York. Billy grew up in the Short Hills section of New Jersey. Billy’s parents were the developers of real estate. He founded an online outsourcing startup at the age of 13 that helped to match the customers and web designers.
Billy attended Pingry School and completed his graduation in the year 2010. Later, he attended Bucknell University in Lewisburg in Pennsylvania for completing engineering. But he studied there for less than nine months and quit the University.
Billy McFarland is in a relationship with the model named Anastasia Eremenko. The model is a native of the Rostov-on-Don that is a town in Russia. He moved to Delaware when he was seventeen years old and got the degree of M.B.A. from Goldey Beacom College. There are no other related affairs are known of Billy McFarland, and he keeps all his personal information secret from the public.
Age, Height, and Weight
Being born on December 11, 1991, Billy McFarland is 29 years old as of today’s date 22nd January 2021. His height is 6 feet, 4 inches tall, and his weight is 89 kg.
In August 2013, Billy found Magnise to create exclusive ‘black card’ with the social perks that include the club membership, and he targeted the status-oriented millennials of the big cities. Later, he also launched the parent company of the Fyre Festival that is known as Fyre Media Inc.
Fyre Media claimed to have to worth around $90 million in the sheets sent to the investors, but in reality, the authorities alleged that the company did only around $60,000 in business. Later, it was also found that the company does not fulfill its promises to the clients, and that time, Billy thinks of the idea of organizing the Fyre Festival.
Fyre Festival is a luxury festival organized and managed by Fyre Media that was going to be held at the end of April and May in the year 2017 in the Bahamas. The tickets for the festival were sold for around $1,200.
The festival grabbed the attention of lots of influential supermodels that includes Alessandra Ambrosio, Bella Hadid, Hailey Baldwin, and Emily Ratajkowski. Many of the supermodels participated in the festival for filming promotional trailers.
On the arrival of the Great Exuma Island, the attendees on the festival faced a lot of serious misrepresentation, management issues, and many more problems that lead to the cancellation of the event that was organized by the Billy McFarland and Ja Rule.
The festival became the focus of several lawsuits and investigations, and the organizers Billy McFarland, and Ja Rule were sued. In 2017, Billy McFarland was found guilty for wire fraud and selling fraudulent tickets of events, and he was sentenced for six years in the federal prison.
Awards & Achievements
Billy McFarland is the founder of three companies, but he was charged for being a fraudster. He did not receive any honor in his career.
Net Worth & Salary of Billy McFarland in 2021
As of January 2021, it is estimated that the net worth of Billy McFarland is at around -$5 million as he was found guilty for the wire fraud. He also admits of using fake documents to attract the clients and investors to spend $26 million into his company. Billy and Ja Rule were sued for $100 million in the lawsuit, and it led to a decline in his net worth.
Billy McFarland is an entrepreneur who is mainly known for being the CEO and founder of Fyre Media that generally promoted the Fyre Festival. Billy is convicted felon charged of $27.4 M with the defrauding investors. In June 2017, Billy was arrested and charged with wire fraud in the Manhattan federal court.
In October 2018, he was found guilty and sentenced for six years in the federal prison. Billy admitted his frauds and was prisoned for the scams he made to bring the investors in his company. At present, Billy is incarcerated at the FCI Elkton in Ohio. His fraud leads to a decline in his company’s reputation as well as his net worth. He kept his life secret from people and currently spending his life behind bars.