French billionaires pledge big donations to rebuild fire-ravaged Notre Dame

Some of France’s richest households have promised to assist restore the Notre Dame Cathedral after a devastating hearth destroyed a lot of the historic Paris landmark.

French businessman Francois-Henri Pinault stated Monday night time he and his household (together with his spouse, actress Salma Hayek) will donate €100 million (US$113mn) to the cathedral’s reconstruction.

“This tragedy strikes all the French and beyond all those who are attached to the spiritual values,” he tweeted. “Faced with such a tragedy, everyone wishes to give life back to this jewel of our heritage.”

Pinault is chair and CEO of the worldwide luxurious group Kering, which incorporates Gucci and Saint Laurent. He can also be president of holding firm Groupe Artemis, which owns the tremendous arts public sale home Christie’s.

“My father [François Pinault] and I’ve determined to launch as of now from the funds of Artemis a sum of 100 million euros to take part within the effort that will likely be crucial for the full reconstruction of Notre Dame,” he stated.

Pinault’s donation was doubled on Tuesday morning by Bernard Arnault, proprietor of luxurious items group LVMH, whose manufacturers embody Moët & Chandon and Dior.

“In the wake of this nationwide tragedy, the Arnault household and the LVMH Group pledge their assist for #NotreDame. They will donate a complete of 200 million euros to the fund for reconstruction of this architectural work, which is an integral a part of the historical past of France,” an announcement posted on the LVMH Twitter account learn.

French President Emmanuel Macron stated late Monday he plans to launch a nationwide fundraising marketing campaign to rebuild the 800-year-old cathedral.

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