Model Kendall Jenner has suffered a $90,000 dent in her bank account in connection to the failed 2017 Fyre Festival.
Custodians fighting to get back money owed to investors, lenders and attendees of the 2017 bankrupt music extravaganza Fyre Festival settled a lawsuit with the social media influencer less than half of the $275,000 she was sued for in connection to a promotional Instagram post.
Jenner is among entertainers such as Blink-182 and Pusha T who were paid for their involvement in the festival which promised days of parties, luxury accommodations and gourmet food, but was instead a complete flop, and generated multiple lawsuits.
According to court documents, Jenner was allegedly paid $250,000 to promote the festival in a single, now-deleted Instagram post, along with an additional $25,000 a few days after the post went live.
The lawsuit alleges that Jenner did not indicate she was paid for the Instagram post, and “intentionally led certain members of the public and ticket purchasers to believe” her brother-in-law Kanye West, G.O.O.D’s founder, could attend or perform at the festival.
According to Forbes Magazine, Jenner, who has 129 million Instagram followers, denied any liability connected to the lawsuit, according to court documents; the settlement still requires a judge’s approval, and will avoid spending more time and money on litigation.
Fyre Festival investors lost over $26 million according to the U.S. Attorney’s Office.