French billionaire 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.
Francois-Henri Pinault and his billionaire father Francois Pinault who control Kering Group (Gucci) said they were immediately giving 100 million euros from their company, Artemis, to help finance repairs to the cathedral devastated by fire Monday night.
A statement from Francois-Henri Pinault said: “This tragedy impacts all French people” and “everyone wants to restore life as quickly as possible to this jewel of our heritage.”
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