Controversy Surrounds Billy McFarland's Promise of Fyre Festival 2
Despite defrauding investors of $26 million in the 2017 Fyre Festival and over $100,000 in a fraudulent ticket-selling scheme, Billy McFarland, the founder of Fyre Festival, is planning another one. Experts say people are interested in watching the potential resurgences of epic failures and celebrity scandals, and the psychological theory of social comparison is behind this. Humans will always try and compare themselves to other people to figure out where they fit in the world, and when we see someone fail so spectacularly, it sways the balance of the comparison scale in our favor, making us feel better about ourselves.
