A History of Greece as the Yachting Capital of the World

In 1969 Bill Lefakinis a Greek born and Unitedex-CEO of General Motors, ex-Chairman of the
States bred businessman envisioned a dream,Board of Intercontinental Hotels Corp. Mr. Hans
which has since become a reality - Greece, TheSternik, ex-German President Richard Fon
Yachting Capital of the World.Bill left Greece atWeizsacker, internationally acclaimed cellist Mr.
the early age of 13 to pursue a better life andRostropovich, Bruce Springsteen, Sting, John
future for himself and his family. Bill attended theDenver, Kenny Rogers and Charlton Heston. He
Hackley School and The University ofhas been an advisor to the Greek National Tourist
Pennsylvania Wharton School of Business on fullOrganization, Greek Ministry of the Merchant
scholarships and served in the US Army and theMarine and member of the Greek Government's
Greek Air Force. Having worked and traveledAdvisory Council for the Development of Greece,
extensively as Chief Executive Officer of Filtrineyachting marinas, and the yachting
International Co., Bill finally returned to Greece ininfrastructure.In 1978, with the increasingly heavy
1969 where he started his own company, Valefair pollution in Athens and water pollution in the
Yachts.At that time there were no marinas inHellenic Seas, Bill co-founded "PAKOE" (The
Greece and only about 30 yachts, 20 of whichPanhellenic Ecological Research Foundation)
were for private use. There was no nationaltogether with a group of volunteer scientists and
concept of the wealth Greece had to offer to thedoctors. As the Secretary General of the
yachting world. Its unique history, civilization,organization, he chartered airplanes and helicopters
hospitality, 4,000 islands and 13,000 miles ofto take hundreds of air samples by University and
seashore (twice that of the USA where only 18%Government scientists (including reporters abroad)
was yacht friendly compared to Greece's 99%)to analyze the contents for air pollution around
made it most ideal for the world of yachtthe Acropolis, Athens as well had several Valef
chartering. Bill, after realizing the immense potentialYachts with the same groups to test for water
of Greek yachting, went to work applying hispollution in the seas. All evidence was confirmed
know-how taken from his Greek and Americanby Government scientific laboratories and
business exposure. He convinced four of hisindependent research centers. The high extent of
friends to let him charter their yachts and afterpollution was widely published with articles, photos
almost forty years of constant work, marketing,to all the media as well as full reports to the
public relations, pressure to the various GreekGreek Authorities including the President, Prime
Governments to promote this unique touristMinister and all parliamentary members. As a
feature that is second to NONE, Bill's dedicationmatter of fact, pollution was the main subject for
finally paid off. Today, Greece has over 20,000the next year's election. Now the Greek Seas are
yachts for charter and for private use, and overthe cleanest in Europe according to the findings of
50 marinas. Valef Yachts became a successfulthe European Union and the air pollution has
and trusted company with offices in the statesdropped dramatically, the Parthenon is protected
and in Greece. Bill began his company andand many laws have been made to protect the
single-handedly created a vision and a revolution inenvironment.Bill and Kathy, his wife of 27 years;
the yachting world in Greece with his motto sincerun the North American Headquarters of Valef
1969 being, "Discover The Yachting World ofYachts and Bill travels frequently to the Greek
Greece."To accomplish this, together with Panosheadquarters always keeping his finger on the
Tsafos, Bill founded and presided over Thepulse of the market. Kathy and Bill met in 1978
Professional Yacht Owners Association, becamewhile she was traveling in Greece. Within months
Secretary General of the Hellenic Yacht Brokersthey were married and moved to Greece where
Association and Consultants Association, andthey settled and began working together. Kathy
organized the Association of Greek Yacht Crewsand Bill realized in 1981 the need to establish a
in order to coordinate efforts to improve yachtUSA North and South American Headquarters for
chartering in Greece. He also started a magazinemore direct contact and more efficient response
called "Sea and Yachting" to enlighten Greeksand information for potential clients. Running two
about the beauty of their islands, their potential asoffices half way around the world from each
well as the importance of participating in seawaterother keep Kathy and Bill quite busy.In 1986 Bill, as
sports. He constantly wrote caustic articlesPresident of Valef Yachts and President of the
addressed to the Greek Government regardingYacht Owners Association, invited 200 American
their apathy about improving conditions and lawsyacht brokers on 20 yachts to "Discover the
to govern properly professional yachting inYachting World of Greece." They went to many
Greece. Bill also became co-publisher of the Englishislands where mayors of the islands greeted all
Daily Newspaper "Athens Mirror," in 1971, becamewith parties and festivities and the famous Greek
a member of the Foreign Press Association, TheEaster was celebrated with the traditional roasted
Greek Travel Agents Association, Helleniclamb on the fire and great fun was had by all.Such
American Chamber of Commerce, Greek Shiphard work leads to an appreciation and
owner's Club and many others.In his efforts tounderstanding of a proper vacation. This has given
promote Greece internationally, Bill brought thethem further insight into the development of the
Miss Universe Contest to Greece in 1973 (it wasultimate holiday vacation that caters that caters
the first time they held the competitionto the clients every desire. The personal touch
overseas); movies James Bond in 1980 & 1983and hands on approach offered by the yacht
and The Greek Tycoon; TV series The Loveowners make chartering a luxury yacht with Valef
Boat in 1980, Heart to Heart, The Life Styles ofYachts a true pleasure.Bill and Kathy's two
the Rich and Famous with Robin Leach, Thedaughters, Alexandra and Kassandra, have spent
Evening Magazine (which featured Greece for onenumerous summers working in the yachting
entire week), The Arthur Frommer Show, Eyesbusiness, learning the ropes from the ground up.
on LA, Canadian and Japanese GovernmentHaving been brought up in both countries spending
television; magazines Playboy and Penthouse,quality time in Europe and cruising the Aegean,
Conde Nast's "The Traveler" and dozens of otherthey have a great head start in knowing Greece,
international TV shows, movies and magazineswhat yachting is all about, and what the client
continuing to the present. Internationally notedultimately desires. Alexandra and Kassandra both
personalities were brought to Greece by Bill topassionately work where Valef Yachts has its
promote yachting. To name a few, Hugh Hefnerroots; and continue to infuse fresh energy into
and daughter Christina, Bob Cuccione, John and Botheir family business and one of the first names in
Derek, John Wayne, Anthony Quinn, ChristinaGreek Yachting.Valef Yachts remains a company
Onassis, Baron Hans Heinrich von Thyssen, Patriciathat continues to flourish, raise industry standards
Gucci - fashion designer,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 Rothmanhelped establish Greece as the Center of the
Group), Ernest Gallo, Giovanni-Yanelli of Fiat, HenryYachting World!
Ford II of Ford Motor Corporation, Roger Smith,