2 French billionaires have pledged 300 million euros to rebuild Notre Dame Cathedral

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

16 Apr, 2019

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.

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French billionaires, Francois-Henri Pinault and Bernard Arnault have pledged 300 million euros to rebuild the Notre Dame Cathedral in Paris after it was severely damaged in a fire yesterday! 👏🏼

A post shared by IMAGES (@dawn_images) on Apr 16, 2019 at 5:20am PDT

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.

Comments

Dr. Salaria, Aamir Ahmad Apr 16, 2019 06:56pm

Great opportunity for the French billionaires to ascend the ladder of popularity, admiration and appreciation and in the process, strive hard to win the hearts and minds of the people both at domestic and Internation levels, which might help them to double their worth and assets based on macro and micro economic principles.

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Gordon D. Walker Apr 16, 2019 08:24pm

Rebuild... Gordon D. Walker Canada

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Sadaf Apr 17, 2019 04:46am

Speechless.

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