French Billionaire Francois-Henri Pinault pledges 100M euros to rebuild Notre Dame cathedral

French billionaire, Francois-Henri Pinault , the chairman and CEO of Kering, the French-based luxury group behind Gucci, Balenciaga, has pledged 100 million euros ($113 million) on Monday towards the rebuilding of Notre-Dame Cathedral in Paris, which was partly gutted by a devastating fire.

The Gucci and Yves Saint Laurent fashion houses owns, said the money towards “the effort necessary to completely rebuild Notre-Dame” would be paid by the Pinault family’s investment firm Artemis.

He hopes that the money will help church officials “completely rebuild Notre Dame.” French president Emmanuel Macron had vowed to do so earlier in the day when spoke outside the Gothic cathedral and said a national fundraising campaign to restore Notre Dame would be launched Tuesday, as he called on the world’s ‘greatest talents’ to help.

We will appeal to the greatest talents and we will rebuild Notre-Dame because that’s what the French are waiting for, because that’s what our history deserves, because it’s our deepest destiny.’

The catastrophic blaze destroyed the roof of the 850-year-old UNESCO world heritage landmark as horrified Parisians looked on – many in tears and praying – on Monday evening.


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