French Billionaire Pledges 100 Million Euros To Rebuild Notre Dame Cathedral

By Ikenga Chronicles April 16, 2019

French Billionaire Pledges 100 Million Euros To Rebuild Notre Dame Cathedral

A French billionaire has pledged 100 Million Euros to help rebuild the Notre Dame cathedral.

François-Henri Pinault made the announcement hours after a catastrophic fire tore through the historic cathedral, collapsing its spire and causing significant damage.

“My father [François Pinault] and I have decided to release as of now from the funds of Artemis a sum of 100 million euros to participate in the effort that will be necessary for the complete reconstruction of Notre Dame,” Pinault wrote in a statement.

François-Henri Pinault is the chair and CEO of the international luxury group Kering, which includes Gucci and Saint Laurent, and president of the French holding company Groupe Artémis, which owns the fine arts auction house Christie’s.

Meanwhile, French President Emmanuel Macron said late Monday that he planned to launch a national fundraising campaign to rebuild the centuries-old cathedral.

“We will rebuild,” Macron told reporters. “We will rebuild Notre Dame because this is what the French expect, because this is what our history deserves, because it is our destiny.”

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