US EditionBilly McFarland Auctions Fyre Festival on eBay
BAHAMAS, JUL 15 – The Fyre Festival brand sold for $245,300 after 175 bids from 42 bidders, representing less than 1% of the $26 million restitution McFarland owes to fraud victims.
- On Tuesday, July 15, 2024, the Fyre Festival brand—including its intellectual property, trademarks, and social media accounts—was sold on eBay by Billy McFarland for $245,300.
- McFarland initially organized the 2017 Fyre Festival, which promised a luxury music experience but ended in disaster, followed by his conviction for multiple fraud charges and a prison sentence.
- The auction lasted over a week, attracting 42 bidders who made more than 175 bids, with McFarland expressing disappointment at the final low sale price compared to his $1 million expectation.
- McFarland congratulated the anonymous new owner and said he looked forward to transferring the brand and moving on, calling Fyre Festival 'just one chapter' of his story.
- The sale may have limited impact on McFarland’s $26 million restitution debt, while the new owner might focus on licensing the brand for media projects rather than reviving luxury events.
40 Articles
40 Articles
Fyre Festival's Billy McFarland just sold the brand for $245,000. He still owes his victims $26 million.
"Fyre Festival is just one chapter of my story, and I'm excited to move onto my next one," Bill McFarland, the founder of the infamous event, said on Monday following the sale.Theo Wargo via Getty ImagesBilly McFarland, 33, became notorious for organizing the failed Fyre Festival in 2017.The disgraced founder said he auctioned off the branding rights for the event on eBay for $245,300.McFarland was ordered to pay $26 million to the investors, co…
Fyre Festival sells on eBay for $245K, a sum so low it wouldn’t have been able to afford disgraced founder Billy McFarland some tickets at his own event
The final bid is only a fraction of the court-mandated $26 million McFarland owes in restitution of his fraudulent scheme.
Detroit Free Press
Ventura County StarBilly McFarland sells Fyre Festival brand on eBay for $245K. See what the buyer will get.
Billy McFarland says he sold the Fyre Festival brand which includes trademarks, intellectual property and social media assets.
Fyre Festival Founder Dismayed By How Little The Brand Fetched In eBay Auction: 'This Sucks'
Billy McFarland Earlier this month, Billy McFarland decided to auction off the rights to the Fyre Festival brand on eBay and managed to spark a bidding war. However, he was not thrilled with the ultimate outcome of an auction that barely put a dent in the massive debt he still owes for defrauding the people who fell for his infamous scam. It’s been close to three years since Billy McFarland wrapped up the prison sentence he was hit with in the w…
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