Fyre Fest Fraudster Set to Teach ‘Business Insights’ at Entrepreneur Event
But a judge ordered that 40 percent of his $19,000 fee must be given to his scam victims.

Brendan McDermid/Reuters
The fraudster behind the infamous Fyre Festival is set to be paid $19,000 to speak next month at an event for entrepreneurs in Germany, where he’ll share his “unique business insights.” Billy McFarland, 31, has been ordered by a U.S. district judge to pay 40 percent of his fee to his victims. McFarland was convicted of defrauding investors in his glitzy Bahamas festival out of $24 million, with the 2017 event turning into a nightmare as attendees arrived to find a lack of essential facilities—including toilets—and accommodation usually used as emergency housing for survivors of natural disasters. In a letter advocating for McFarland’s visit, Entrepreneur University’s CEO told U.S. District Judge Naomi Reice Buchwald: “We believe that Billy’s unique business insights and experiences as an entrepreneur and founder would greatly benefit our audience and add valuable insights to the conversation.”
Register below to read this article for free or subscribe
to unlock unlimited access to The Daily Beast.
Monthly
$1
First month then $5.99/month
Annual
$35
First year then $59.99/year
Premium
$79
First year then $119.99/year
*Substack access provided by the next business day, using your subscription email. Choosing the Premium plan constitutes your permission to share your subscription email with Substack and your agreement to Substack’s Privacy Policy.
Already have an account? Sign In
Looks like you already have a subscription!
You're all set!
Thanks for subscribing.