Fred Schebesta: Inside wild New Year’s party at Coogee Crypto Castle in Sydney

The multi-millionaire dubbed Australia’s Crypto King celebrated the New Year with a wild party at his $17million mansion by the ocean.

Fred Schebesta, 42, who founded the comparison site Finder and is estimated to be worth about $200million, celebrated the first day of the year in style filling his unique home in Sydney’s South Coogee with burlesque dancers and models.

The pool party in honour of his friend Miss B saw DJ Shiralee Coleman heading a number of acts, including racy dance performances from Porcelain Alice and Clara Fable. 

These young women are probably well aware of the old saying that blondes have more fun

Pictured: Fred Schebesta's jaw-dropping waterfront property, known as the 'Coogee Crypto Castle'

Pictured: Fred Schebesta’s jaw-dropping waterfront property, known as the ‘Coogee Crypto Castle’

Bikinis and one-piece swimsuits (pictured) were popular at Fred Schebesta's party in Coogee

Bikinis and one-piece swimsuits (pictured) were popular at Fred Schebesta’s party in Coogee

Fred Schebesta (pictured centre) mingles with his guests by the turntables

Fred Schebesta (pictured centre) mingles with his guests by the turntables

The DJ (pictured) spins up a storm at the wild pool party on New Year's Day

The DJ (pictured) spins up a storm at the wild pool party on New Year’s Day

A saxophone player brings some live music to the party

A saxophone player brings some live music to the party

Guests sipping champagne at the shindig opted for a wide range of fashion attire. 

Some donned racy bikinis making the most of the luxurious infinity pool.

Others went for colorful summer dresses and soaked up the sun.

While elegant white gowns were also very popular for partygoers.

There were a few that appeared sheik in all black as the men mostly kept it casual in designers jeans and stylish summer shirts. 

Fred Schebesta, a co-founder of the comparison website Finder, is pictured at his iconic South Coogee home

Fred Schebesta, a co-founder of the comparison website Finder, is pictured at his iconic South Coogee home

A woman with a microphone throws her hands in the air like she just doesn't care

A woman with a microphone throws her hands in the air like she just doesn’t care

A partygoer in an sheik black dress signals a message of peace for the new year

A partygoer in an sheik black dress signals a message of peace for the new year

Glamorous bikini girls lap up the sun by the edge of the infinity pool

Glamorous bikini girls lap up the sun by the edge of the infinity pool

The DJs, dancers and musicians had a blast performing at the stunning location

The DJs, dancers and musicians had a blast performing at the stunning location

The glamorous DJ kicks things up a notch blowing bubbles in the air

The glamorous DJ kicks things up a notch blowing bubbles in the air

The AFR Young Rich-Lister recently put another luxurious home in Sydney’s east up for sale for $6.5 million, after the price of Bitcoin dropped more than 50 per cent in value earlier this year. 

But Mr Schebesta plans to hold onto his Coogee Crypto Castle – which was once owned by businessman John Singleton and used in various films, including Eyes Wide Shut – a little while longer

‘It would be very, very hard to find another place that comes close. And I and that’s what I look for – very unique properties. Because I’m a pretty unique guy,’ he told the Daily Telegraph recently.

The entrepreneur bought into digital currency when Bitcoin was in its infancy, netting him massive returns.

The party was held in honour of Miss B, with her name lit up in lights

The party was held in honour of Miss B, with her name lit up in lights

Three bikini-clad guests are seen relaxing at the edge of the pool as the shindig continued into the evening

Three bikini-clad guests are seen relaxing at the edge of the pool as the shindig continued into the evening 

Glamorous guests watch the world go by from the infinity pool

Glamorous guests watch the world go by from the infinity pool 

Play me a tune! The stylish DJ is seen rocking the decks at the pool party

Play me a tune! The stylish DJ is seen rocking the decks at the pool party 

Time to chill out in the shade: Stylish duo kick back on an air chair

 Time to chill out in the shade: Stylish duo kick back on an air chair

In a 2021 interview with TikTok star Fonzie Gomez, he said the flashy five-bedroom South Coogee property was purchased off the back of crypto profits.

‘You’re in the house of crypto. Crypto built this house,’ Mr Schebesta told Gomez, while showing the TikToker around his 800-square-metre mansion.

The South Coogee home is able to be rented on Airbnb for just over $25,000 a night. 

But Mr Schebesta plans to hold onto his Coogee Crypto Castle - which was once owned by businessman John Singleton and was used in various films, including Eyes Wide Shut - a little while longer

But Mr Schebesta plans to hold onto his Coogee Crypto Castle – which was once owned by businessman John Singleton and was used in various films, including Eyes Wide Shut – a little while longer 

A party guest strikes a very elegant pose with a gorgeous flowing gown

A party guest strikes a very elegant pose with a gorgeous flowing gown

Partygoers dangle their legs in the water to cool off as the celebrations heat up

Partygoers dangle their legs in the water to cool off as the celebrations heat up 

Couple enjoy drinks by the sea in a stunning Sydney mansion on New Year's Day

Couple enjoy drinks by the sea in a stunning Sydney mansion on New Year’s Day 

Guests hit the dancefloor as the New Year's Day shindig

Guests hit the dancefloor as the New Year’s Day shindig 

Party host Fred Schebesta (right) and his friend are both pictured in all white outfits

Party host Fred Schebesta (right) and his friend are both pictured in all white outfits

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Read more at DailyMail.co.uk