French Billionaire François Pinault Pledges $113 Million to Help Rebuild Notre Dame

Tuesday, April 16, 2019
French Billionaire François Pinault Pledges $113 Million to Help Rebuild Notre Dame

François-Henri Pinault — chairman and CEO of Kering, the French-based luxury group behind Gucci, Balenciaga, Yves Saint Laurent and other world-renowned brands — has pledged $113 million towards the rebuilding of the Notre Dame cathedral.

Image: Francois-Henri PinaultAFP/Getty Images

 

François-Henri Pinault — chairman and CEO of Kering, the French-based luxury group behind Gucci, Balenciaga, Yves Saint Laurent and other world-renowned brands — has pledged $113 million towards the rebuilding of the Notre Dame cathedral.

 

Francois-Henri PinaultAFP/Getty Images

 

Pinault, who is married to actress Salma Hayek, said in a statement that he plans to pay through his family’s investment firm, Artemis, for any work that needs to be done following Monday’s catastrophic fire, according to AFP.

 

Fabien Barrau Getty Images 

 

The billionaire reportedly pledged 100 million euros, or $113 million. 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.

Smoke rises around the alter in front of the cross inside the Notre Dame Cathedral, Reuters

 

“We will rebuild Notre Dame because it is what the French expect,” Macron said, calling it “the epicenter” of their lives.

“It is what our history deserves,” he added. “It is, in the deepest sense, our destiny.”

Courtesy to NY Post

Stephanie Cime

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