Home Hip Hop Fyre Fest’s Billy McFarland Reveals Plans To Pay Back $26 Million In...

Fyre Fest’s Billy McFarland Reveals Plans To Pay Back $26 Million In Restitution


In a brand new post-prison interview, Billy maps out his subsequent strikes and it seems to be like he is coming for the tech world.

After spending nearly four years behind bars, Billy McFarland is a free man. The Fyre Pageant icon has gone down in popular culture historical past for his failed pageant, in addition to the court docket circumstances that developed due to it. McFarland was accused of defrauding traders into the thousands and thousands, and part of his judgment was to repay his victims $26 million. 

With a restitution quantity that top, questions have risen relating to what McFarland will do now that he has been launched from jail. The New York Instances lately sat down for an expansive piece with McFarland and through their chat, he hinted that he had his eyes on the tech world as soon as once more.

Previous to his Fyre Fest fame, McFarland operated a couple of technology-based corporations and that appears to be the place he thrives—minus that multi-million-dollar hiccup on the Caribbean islands.

“I’d love to do one thing tech-based,” stated McFarland. “The nice factor with tech is that persons are so forward-thinking, they usually’re extra apt at taking danger. If I labored in finance, I feel it could be more durable to get again. Tech is extra open. And the way in which I failed is completely incorrect, however in a sure sense, failure is OK in entrepreneurship.”

“On the finish of the day, I feel I may most likely create essentially the most worth by constructing some kind of tech product,” he stated. “Whether or not that’s inside an organization or by beginning my very own firm, I’m open to each. I’ll most likely resolve within the subsequent couple of weeks which path to go do.”

He left readers with that enigmatic revelation and will probably be fascinating to see what he comes up with subsequent. Elsewhere, he addressed his crimes. “I lied. I feel I used to be scared. And the worry was letting down individuals who believed in me — displaying them they weren’t proper.”


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