In the latest installment of “have we learned nothing,” founder and convicted fraudster Billy McFarland has revealed that the initial batch of tickets for Fyre Fest 2.0 has completely sold out, despite not having disclosed key event details such as the lineup, location, and date.
The much-anticipated ticket sales for the “First 100” tier commenced this Sunday, priced at $499 per ticket. In an exclusive interview with TMZ, McFarland excitedly shared, “They sold out very very quickly.”
Although precise specifics remain scarce, McFarland had previously hinted that Fyre Fest 2.0 is scheduled for a Caribbean setting towards the close of 2024.
Enthusiasts who missed out on the initial release need not worry, as the remaining tickets will become available at a later date. Anticipate a range of premium packages reaching up to $7,999.
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Recalling his legal troubles connected to Fyre Fest 1.0, McFarland admitted guilt to multiple counts of wire fraud in 2018. He confessed to manipulating investors regarding the festival’s financial health and falsifying documents to secure investments. Consequently, he was sentenced to a four-year prison term and was directed to reimburse defrauded investors a staggering $26 million.
The infamous non-event became the subject of a 2019 documentary film Fyre: The Greatest Party That Never Happened, co-produced by Jerry Media, the social media agency responsible for promoting the Fyre Festival and covering up the fraud, and MATTE Projects, the production company that directed the Fyre Festival’s promotional shoot.
McFarland is now touting new financial supporters who are committed to clearing prior debts from the original Fyre Fest debacle and funding the forthcoming event. While he’s yet to disclose their identities, he unveiled renewed enthusiasm for a second Fyre Fest following the announcement of a Broadway musical recounting his life story.
During his conversation with TMZ, McFarland hinted at collaborations with the masterminds behind “some of the top festivals in the world,” although he refrained from revealing their names.
Earlier this year, McFarland announced that there are 3 more spots for brands in his “PYRT ship,” asking for brands that can pay a $100,000 retainer minimum, and provide a summer house for McFarland and his team — with a dock for his jet skis of course, and a direct line to the CEO.
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