Vasilios Vassilas Basil was born in 1850 in Parga and is the greatest benefactor of the city. He engaged in commerce where he succeded. He operated in Italy and in particular in Teriesti where he acquired vast fortune.
After his death he donated the bisggest part of his fortune to the municipality of Parga which includes important properties in Italy and Greece. His foundation continues untill today the management of his property
for the benefit of Parga.