Billy McFarland Sells FYRE Competition Model on eBay for $245K

Billy McFarland is not the proprietor of FYRE Competition … as a result of somebody snapped up the rights to the model on eBay — and so they solely wanted slightly over $245K to snag the successful bid.

FYRE Competition’s rights, IP, model trademark and social media property have been offered Tuesday on eBay for a measly $245,300.

The net sale closed Tuesday at 12:44 PM ET after 175 bids from 42 bidders … marking the tip of Billy’s tumultuous saga with FYRE Competition.

Billy was streaming the ultimate day of bidding Tuesday and when the quantity pushed previous $240,000 he remarked, “Rattling. This sucks, it is so low.” As we told you in May … he and his staff have been trying excessive seven or low eight figures.

As you realize … FYRE Competition epically flopped in 2017 … Billy overestimated the music competition as luxurious glamping within the Bahamas with big celeb company and massive title acts … however attendees slept in disaster-relief tents, have been served bare-bones sandwiches and did not get to see Blink-182, Tyga, Pusha T, Migos, Main Lazer, Disclosure, and even Desiigner.

Billy and his traders did not have the money to truly comply with by means of with the occasion … and he ended up spending time in jail after pleading responsible to wire fraud and different crimes.

After getting out of the pen in 2022, Billy tried to make FYRE Competition 2 occur … however he ran right into a string of points, together with controversy over whether or not or not native authorities in Mexico was aware the festival was supposed to take place of their metropolis.

Alongside the best way, there have been a pair documentaries on Netflix and Hulu.

Billy introduced in April he was promoting the FYRE model … and now it is lastly modified palms.