Bernard Arnauld of LVMH pledges 200 million euros to help rebuild Notre-Dame cathedral
French billionaire Bernard Arnault, who controls the sprawling LVMH luxury conglomerate, said Tuesday that his family and the company would contribute a combined 200 million euros ($226 million) to help rebuild Notre-Dame cathedral after it was gutted by fire, The Economic Times reports.
"The Arnault family and LVMH, in solidarity after this national tragedy, will participate in the reconstruction of this extraordinary cathedral, a symbol of France, its heritage and its unity," they said in a 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.
President Emmanuel Macron has vowed Notre-Dame will be restored after the massive blaze destroyed the spire and roof of the Gothic architectural masterpiece in Paris.
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