The Guardian reported that Billy McFarland is only in his twenties and has already achieved a level of success most people only dream of. Upholding his title of prodigy in the industry, he started up the company Magnises back in 2013, which functions as a high class social club, and it has become widely successful in the relatively short time since it launched.
Billy was born and raised in New York, which is also where he graduated from Pingry and went on to attend Bucknell University to get started on his life. Billy McFarland soon found that computer engineering, the major he was studying at Bucknell, wasn’t what he wanted to focus on. He dropped out of the University to pursue his business endeavors, and in this case, he started up Spling, an online advertisement company that helps other businesses improve their site quality to sell their products.
The high class social club, Magnises, is targeted at the millennials of the generation, or more specifically, individuals born between 1982 and 2004. Many of the clubs members are big names in the fields of technology, finances, and even fashion, though all members are required to pay a membership fee which amounts to $250 dollars annually. This is money well spent though, as members are even privileged to special getaways and private concerts.
To date, dozens of different companies have formed partnerships with Magnises, including the likes of Finale, Goldbar, and La Esquina, all of which provide unique benefits to black card members. With thousands of members and still growing, it is safe to say this social club is exactly what the elite working class was looking for. They even have an app for members to stay current with events and unique deals that are available.
Today, Magnises is stationed in a luxurious penthouse suite within a hotel in Rivington, which doubles as a social lounge for its members, who are allowed to host meetings, lectures, parties, and more, with a capacity of 200 people. Currently, membership for the black card is only available throughout Washington DC and New York City, but there are plans in the works to spread into new cities in the near future, such as Boston, Chicago, and even London.