Chicago Sun-Times (Sunday)

SUBURBAN MAN GETS REFUND ON ASTRONOMIC­AL INVESTMENT

Shefket Chapadjiev paid Virgin Galactic $175K in 2007 to be on a spacefligh­t. Now 84 and tired of waiting, he asked for and got (most of) his cash back.

- BY STEFANO ESPOSITO, STAFF REPORTER sesposito@suntimes.com | @slesposito

Shefket Chapadjiev watched a beaming Richard Branson and his fellow space tourists floating 53 miles above Earth last year on a spacefligh­t years in the making.

But for the 84-year-old Elk Grove Village man, his own dream of spacefligh­t has felt like a distant, dying star.

Chapadjiev, who paid $175,000 15 years ago for a ticket on Virgin Galactic’s commercial spaceship, finally got tired of waiting and asked for a refund. After having previously been urged to keep waiting just a little longer, this time he got it.

“This has been for 15 years, and always we’re supposed to be flying next year, next year,” says Chapadjiev, a native of Bulgaria. “People from Bulgaria keep asking me, ‘What happened?’ ”

Over the long years waiting, Virgin Galactic would send Chapadjiev teasing gifts with the company logo on them — a key fob and a space jacket, among others. And plenty of email updates.

But what Chapadjiev really wanted was to cross “space travel” off his bucket list.

“They said they cannot guarantee me I’m going to fly next year,” says Chapadjiev, who says his health at this point is “not that great.”

A wealthy businessma­n who made his fortune in publishing, he doesn’t need the money, which is probably a good thing because he says his refund from Virgin Galactic came minus 10% of the amount he paid.

A company spokesman disputes that, saying the nonrefunda­ble amount actually was 5%.

Chapadjiev, a celebrity in his native Bulgaria, also has a condo in the former John Hancock Center.

While Chapadjiev waited, Virgin Galactic had a number of setbacks with the program. The worst: One of its spacecraft crashed during a test flight in 2014, killing one pilot and injuring another.

But Branson, with five crewmates from his space-tourism company, finally rocketed into space in July 2021.

Chapadjiev says Branson’s flight last year made him optimistic for a time, “but that hope disappeare­d.”

The company had planned to begin taking paying customers into space in 2022 but decided instead to modify the fleet to allow Virgin Galactic to make more frequent flights, according to a company spokesman.

“THIS HAS BEEN FOR 15 YEARS, AND ALWAYS WE’RE SUPPOSED TO BE FLYING NEXT YEAR, NEXT YEAR. PEOPLE FROM BULGARIA KEEP ASKING ME, ‘WHAT HAPPENED?’ ”

SHEFKET CHAPADJIEV, on waiting for his Virgin Galactic spacefligh­t

It now has tentative plans to begin commercial flights next year. A ride on one of them is now up to $450,000. Even at that price, about 800 tickets have been sold, according to the Virgin Galactic spokesman, who won’t say how many other customers got tired of waiting and asked for refunds.

Even though he won’t realize his dream of going up in space, Chapadjiev says he is a happy man. He’s seen most of the world, flown on the supersonic Concord and, best of all, now has a 1½-year-old granddaugh­ter and another due soon.

“That is the happiest thing I’ve got right now,” he says.

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 ?? PROVIDED ?? Shefket Chapadjiev (right) with Virgin Group founder Richard Branson.
PROVIDED Shefket Chapadjiev (right) with Virgin Group founder Richard Branson.

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