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    Home»Business»Fyre Festival IP, Assets Sell on eBay for $250K: ‘So Low’
    Business

    Fyre Festival IP, Assets Sell on eBay for $250K: ‘So Low’

    Team_AIBS NewsBy Team_AIBS NewsJuly 16, 2025No Comments2 Mins Read
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    Fyre Pageant founder Billy McFarland, who was launched from federal prison in 2022 after serving 4 years behind bars for crimes associated to the occasion, watched his model promote on eBay for $245,300.

    “Rattling,” McFarland mentioned while streaming the bids. “This sucks, it is so low.”

    Associated: Fyre Festival Founder Puts Infamous Brand Up for Sale

    Bloomberg notes that the profitable bid was solely 0.9% of the $26 million McFarland has been ordered to pay in restitution.

    The sale, which lasted per week, contains rights to the IP, emblems, and social media accounts. There have been 175 bids in whole from 42 bidders, with the ultimate bid coming simply earlier than 1 p.m. on Tuesday.

    McFarland did not disclose who the customer was, however laughed when he noticed the title, per NBC Information.

    “It is humorous,” he mentioned.

    After the notorious Fyre Festival disaster within the Bahamas in 2017, McFarland tried to revive the model with the Fyre Fest 2, which was presupposed to happen from Could 30 to June 2 in Mexico, however was canceled in April (or never scheduled within the first place).

    Associated: Fyre Festival 2 Has Been Postponed — Again

    “I am positive many individuals assume I am loopy for doing this once more. However I really feel I would be loopy to not do it once more,” McFarland mentioned when gross sales began.

    McFarland tried to promote the model via an electronic mail type with a proposal sheet, earlier than turning to eBay in July.



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