A History of Greece as the Yachting Capital of the World

In 1969 Bill Lefakinis a Greek born and United StatesGroup), Ernest Gallo, Giovanni-Yanelli of Fiat, Henry
bred businessman envisioned a dream, which hasFord II of Ford Motor Corporation, Roger Smith,
since become a reality - Greece, The Yachting Capitalex-CEO of General Motors, ex-Chairman of the Board
of the World.of Intercontinental Hotels Corp. Mr. Hans Sternik,
Bill left Greece at the early age of 13 to pursue aex-German President Richard Fon Weizsacker,
better life and future for himself and his family. Billinternationally acclaimed cellist Mr. Rostropovich, Bruce
attended the Hackley School and The University ofSpringsteen, Sting, John Denver, Kenny Rogers and
Pennsylvania Wharton School of Business on fullCharlton Heston. He has been an advisor to the
scholarships and served in the US Army and theGreek National Tourist Organization, Greek Ministry of
Greek Air Force. Having worked and traveledthe Merchant Marine and member of the Greek
extensively as Chief Executive Officer of FiltrineGovernment's Advisory Council for the Development
International Co., Bill finally returned to Greece in 1969of Greece, yachting marinas, and the yachting
where he started his own company, Valef Yachts.infrastructure.
At that time there were no marinas in Greece andIn 1978, with the increasingly heavy air pollution in
only about 30 yachts, 20 of which were for privateAthens and water pollution in the Hellenic Seas, Bill
use. There was no national concept of the wealthco-founded "PAKOE" (The Panhellenic Ecological
Greece had to offer to the yachting world. Its uniqueResearch Foundation) together with a group of
history, civilization, hospitality, 4,000 islands and 13,000volunteer scientists and doctors. As the Secretary
miles of seashore (twice that of the USA where onlyGeneral of the organization, he chartered airplanes
18% was yacht friendly compared to Greece's 99%)and helicopters to take hundreds of air samples by
made it most ideal for the world of yacht chartering.University and Government scientists (including
Bill, after realizing the immense potential of Greekreporters abroad) to analyze the contents for air
yachting, went to work applying his know-how takenpollution around the Acropolis, Athens as well had
from his Greek and American business exposure. Heseveral Valef Yachts with the same groups to test
convinced four of his friends to let him charter theirfor water pollution in the seas. All evidence was
yachts and after almost forty years of constantconfirmed by Government scientific laboratories and
work, marketing, public relations, pressure to theindependent research centers. The high extent of
various Greek Governments to promote this uniquepollution was widely published with articles, photos to
tourist feature that is second to NONE, Bill'sall the media as well as full reports to the Greek
dedication finally paid off. Today, Greece has overAuthorities including the President, Prime Minister and
20,000 yachts for charter and for private use, andall parliamentary members. As a matter of fact,
over 50 marinas. Valef Yachts became a successfulpollution was the main subject for the next year's
and trusted company with offices in the states andelection. Now the Greek Seas are the cleanest in
in Greece. Bill began his company and single-handedlyEurope according to the findings of the European
created a vision and a revolution in the yachtingUnion and the air pollution has dropped dramatically,
world in Greece with his motto since 1969 being,the Parthenon is protected and many laws have
"Discover The Yachting World of Greece."been made to protect the environment.
To accomplish this, together with Panos Tsafos, BillBill and Kathy, his wife of 27 years; run the North
founded and presided over The Professional YachtAmerican Headquarters of Valef Yachts and Bill
Owners Association, became Secretary General oftravels frequently to the Greek headquarters always
the Hellenic Yacht Brokers Association andkeeping his finger on the pulse of the market. Kathy
Consultants Association, and organized theand Bill met in 1978 while she was traveling in Greece.
Association of Greek Yacht Crews in order toWithin months they were married and moved to
coordinate efforts to improve yacht chartering inGreece where they settled and began working
Greece. He also started a magazine called "Sea andtogether. Kathy and Bill realized in 1981 the need to
Yachting" to enlighten Greeks about the beauty ofestablish a USA North and South American
their islands, their potential as well as the importanceHeadquarters for more direct contact and more
of participating in seawater sports. He constantlyefficient response and information for potential
wrote caustic articles addressed to the Greekclients. Running two offices half way around the
Government regarding their apathy about improvingworld from each other keep Kathy and Bill quite busy.
conditions and laws to govern properly professionalIn 1986 Bill, as President of Valef Yachts and
yachting in Greece. Bill also became co-publisher ofPresident of the Yacht Owners Association, invited
the English Daily Newspaper "Athens Mirror," in 1971,200 American yacht brokers on 20 yachts to
became a member of the Foreign Press Association,"Discover the Yachting World of Greece." They went
The Greek Travel Agents Association, Hellenicto many islands where mayors of the islands greeted
American Chamber of Commerce, Greek Shipall with parties and festivities and the famous Greek
owner's Club and many others.Easter was celebrated with the traditional roasted
In his efforts to promote Greece internationally, Billlamb on the fire and great fun was had by all.
brought the Miss Universe Contest to Greece in 1973Such hard work leads to an appreciation and
(it was the first time they held the competitionunderstanding of a proper vacation. This has given
overseas); movies James Bond in 1980 & 1983them further insight into the development of the
and The Greek Tycoon; TV series The Love Boat inultimate holiday vacation that caters that caters to
1980, Heart to Heart, The Life Styles of the Rich andthe clients every desire. The personal touch and
Famous with Robin Leach, The Evening Magazinehands on approach offered by the yacht owners
(which featured Greece for one entire week), Themake chartering a luxury yacht with Valef Yachts a
Arthur Frommer Show, Eyes on LA, Canadian andtrue pleasure.
Japanese Government television; magazines PlayboyBill and Kathy's two daughters, Alexandra and
and Penthouse, Conde Nast's "The Traveler" andKassandra, have spent numerous summers working in
dozens of other international TV shows, movies andthe yachting business, learning the ropes from the
magazines continuing to the present. Internationallyground up. Having been brought up in both countries
noted personalities were brought to Greece by Bill tospending quality time in Europe and cruising the
promote yachting. To name a few, Hugh Hefner andAegean, they have a great head start in knowing
daughter Christina, Bob Cuccione, John and Bo Derek,Greece, what yachting is all about, and what the
John Wayne, Anthony Quinn, Christina Onassis, Baronclient ultimately desires. Alexandra and Kassandra
Hans Heinrich von Thyssen, Patricia Gucci - fashionboth passionately work where Valef Yachts has its
designer,roots; and continue to infuse fresh energy into their
Claude Arpels - Van Cleef and Arpels jewellers,family business and one of the first names in Greek
Garavani Valentino - fashion designer, Max Fisher,Yachting.
John Clinton (Chairman of Dunhill and Rothman