After a fire severely damaged the 850-year-old cathedral on Monday, the men behind Gucci and LV are stepping up
After a fire severely damaged the 850-year-old cathedral on Monday, the men behind Gucci and LV are stepping up

French billionaire businessman Bernard Arnault’s family and his LVMH luxury goods group will donate 200 million euros ($226 million) to help repair Paris’ Notre-Dame cathedral, said a statement issued on behalf of Arnault.

“The Arnault family and the LVMH group would like to show their solidarity ata this time of national tragedy, and are joining up to help rebuild this extraordinary cathedral, which is a symbol of France, of its heritage and of French unity,” said the statement.

Arnault’s pledge follows a similar 100 million euros donation for Notre-Dame from Francois Henri Pinault, who heads the Kering luxury goods company.

Rebuilding the 850-year-old medieval cathedral, which lost its spire and roof in yesterday’s blaze could take years. Firefighters reported the fire was under control nine hours after it started.

Email