A History of Greece as the Yachting Capital of the World

In 1969 Bill Lefakinis a Greek born and United StatesGeneral Motors, ex-Chairman of the Board of
bred businessman envisioned a dream, which hasIntercontinental Hotels Corp. Mr. Hans Sternik,
since become a reality - Greece, The Yachting Capitalex-German President Richard Fon Weizsacker,
of the World.Bill left Greece at the early age of 13 tointernationally acclaimed cellist Mr. Rostropovich, Bruce
pursue a better life and future for himself and hisSpringsteen, Sting, John Denver, Kenny Rogers and
family. Bill attended the Hackley School and TheCharlton Heston. He has been an advisor to the Greek
University of Pennsylvania Wharton School ofNational Tourist Organization, Greek Ministry of the
Business on full scholarships and served in the USMerchant Marine and member of the Greek
Army and the Greek Air Force. Having worked andGovernment's Advisory Council for the Development
traveled extensively as Chief Executive Officer ofof Greece, yachting marinas, and the yachting
Filtrine International Co., Bill finally returned to Greece ininfrastructure.In 1978, with the increasingly heavy air
1969 where he started his own company, Valefpollution in Athens and water pollution in the Hellenic
Yachts.At that time there were no marinas in GreeceSeas, Bill co-founded "PAKOE" (The Panhellenic
and only about 30 yachts, 20 of which were forEcological Research Foundation) together with a group
private use. There was no national concept of theof volunteer scientists and doctors. As the Secretary
wealth Greece had to offer to the yachting world. ItsGeneral of the organization, he chartered airplanes and
unique history, civilization, hospitality, 4,000 islands andhelicopters to take hundreds of air samples by
13,000 miles of seashore (twice that of the USAUniversity and Government scientists (including
where only 18% was yacht friendly compared toreporters abroad) to analyze the contents for air
Greece's 99%) made it most ideal for the world ofpollution around the Acropolis, Athens as well had
yacht chartering. Bill, after realizing the immenseseveral Valef Yachts with the same groups to test for
potential of Greek yachting, went to work applying hiswater pollution in the seas. All evidence was confirmed
know-how taken from his Greek and Americanby Government scientific laboratories and independent
business exposure. He convinced four of his friends toresearch centers. The high extent of pollution was
let him charter their yachts and after almost fortywidely published with articles, photos to all the media as
years of constant work, marketing, public relations,well as full reports to the Greek Authorities including
pressure to the various Greek Governments tothe President, Prime Minister and all parliamentary
promote this unique tourist feature that is second tomembers. As a matter of fact, pollution was the main
NONE, Bill's dedication finally paid off. Today, Greecesubject for the next year's election. Now the Greek
has over 20,000 yachts for charter and for privateSeas are the cleanest in Europe according to the
use, and over 50 marinas. Valef Yachts became afindings of the European Union and the air pollution has
successful and trusted company with offices in thedropped dramatically, the Parthenon is protected and
states and in Greece. Bill began his company andmany laws have been made to protect the
single-handedly created a vision and a revolution in theenvironment.Bill and Kathy, his wife of 27 years; run the
yachting world in Greece with his motto since 1969North American Headquarters of Valef Yachts and Bill
being, "Discover The Yachting World of Greece."Totravels frequently to the Greek headquarters always
accomplish this, together with Panos Tsafos, Billkeeping his finger on the pulse of the market. Kathy
founded and presided over The Professional Yachtand Bill met in 1978 while she was traveling in Greece.
Owners Association, became Secretary General ofWithin months they were married and moved to
the Hellenic Yacht Brokers Association andGreece where they settled and began working
Consultants Association, and organized the Associationtogether. Kathy and Bill realized in 1981 the need to
of Greek Yacht Crews in order to coordinate effortsestablish a USA North and South American
to improve yacht chartering in Greece. He also startedHeadquarters for more direct contact and more
a magazine called "Sea and Yachting" to enlightenefficient response and information for potential clients.
Greeks about the beauty of their islands, their potentialRunning two offices half way around the world from
as well as the importance of participating in seawatereach other keep Kathy and Bill quite busy.In 1986 Bill, as
sports. He constantly wrote caustic articles addressedPresident of Valef Yachts and President of the Yacht
to the Greek Government regarding their apathy aboutOwners Association, invited 200 American yacht
improving conditions and laws to govern properlybrokers on 20 yachts to "Discover the Yachting World
professional yachting in Greece. Bill also becameof Greece." They went to many islands where
co-publisher of the English Daily Newspaper "Athensmayors of the islands greeted all with parties and
Mirror," in 1971, became a member of the Foreignfestivities and the famous Greek Easter was
Press Association, The Greek Travel Agentscelebrated with the traditional roasted lamb on the fire
Association, Hellenic American Chamber ofand great fun was had by all.Such hard work leads to
Commerce, Greek Ship owner's Club and manyan appreciation and understanding of a proper
others.In his efforts to promote Greece internationally,vacation. This has given them further insight into the
Bill brought the Miss Universe Contest to Greece indevelopment of the ultimate holiday vacation that
1973 (it was the first time they held the competitioncaters that caters to the clients every desire. The
overseas); movies James Bond in 1980 & 1983 andpersonal touch and hands on approach offered by the
The Greek Tycoon; TV series The Love Boat in 1980,yacht owners make chartering a luxury yacht with
Heart to Heart, The Life Styles of the Rich andValef Yachts a true pleasure.Bill and Kathy's two
Famous with Robin Leach, The Evening Magazinedaughters, Alexandra and Kassandra, have spent
(which featured Greece for one entire week), Thenumerous summers working in the yachting business,
Arthur Frommer Show, Eyes on LA, Canadian andlearning the ropes from the ground up. Having been
Japanese Government television; magazines Playboybrought up in both countries spending quality time in
and Penthouse, Conde Nast's "The Traveler" andEurope and cruising the Aegean, they have a great
dozens of other international TV shows, movies andhead start in knowing Greece, what yachting is all
magazines continuing to the present. Internationallyabout, and what the client ultimately desires. Alexandra
noted personalities were brought to Greece by Bill toand Kassandra both passionately work where Valef
promote yachting. To name a few, Hugh Hefner andYachts has its roots; and continue to infuse fresh
daughter Christina, Bob Cuccione, John and Bo Derek,energy into their family business and one of the first
John Wayne, Anthony Quinn, Christina Onassis, Baronnames in Greek Yachting.Valef Yachts remains a
Hans Heinrich von Thyssen, Patricia Gucci - fashioncompany that continues to flourish, raise industry
designer,standards and client expectations while remaining firmly
Claude Arpels - Van Cleef and Arpels jewellers,anchored in the ever-flourishing Greek yachting
Garavani Valentino - fashion designer, Max Fisher,community. All of the above activities have finally
John Clinton (Chairman of Dunhill and Rothman Group),helped establish Greece as the Center of the Yachting
Ernest Gallo, Giovanni-Yanelli of Fiat, Henry Ford II ofWorld!
Ford Motor Corporation, Roger Smith, ex-CEO of