Photo via The FADER's Fyre Festival source
Thanks to the overwhelming logistics of being sued at least six times, the Fyre Fest saga is still ongoing, with new information continually popping up. Last night, a major answer to exactly what the team behind the infamous three-day weekend did with their budget was revealed. According to court documents obtained by Page Six, promoter Billy McFarland dropped $160,000 on a yacht for Blink-182, who never actually showed up.
The same documents also show that McFarland, whose luxury festival famously did not come with running water, $18,208 on towels, $260,000 on carpet, and about $470,000 on the FEMA-esque tents that nobody could safely stay in.
“There was gross mismanagement and a general misunderstanding of how events like this unfold and that purchases weren’t being vetted,” a source told Page Six. “It was just the idea of a 20-something who unraveled.”