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Billionaires Send Money To Rebuild Notre Dame

By: Katy Clifton and Harriet Brewis of Evening Standard

It comes after billionaire Bernard Arnault’s family and his LVMH luxury goods group said they were donating 200 million euros to “show their solidarity at this time of national tragedy”.

The iconic tourist spot was engulfed by a raging fire on Monday night that caused its main spire and roof to collapse.

A statement from the Arnault family said: “The Arnault family and the LVMH group would like to show their solidarity at 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.”

The donation brings the total amount raised to more than 600 million euros, after French billionaire Francois-Henri Pinault and major French oil and gas company Total both pledged 100 million towards the reconstruction. 

Mr Pinault, married to actress Salma Hayek, is quoted in French media as saying he and his father, Francois, decided to donate to help with the “complete reconstruction” of Notre Dame.

The younger Mr Pinault is chief executive of international luxury group Kering, which owns brands such as Gucci and Yves Saint Laurent, and is the president of French holding company Groupe Artemis, which owns the Christie’s auction house.

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