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Billionaire gives €100m to rebuild Notre Dame

Sky News logo Sky News 2 days ago
Francois-Henri Pinault, Salma Hayek are posing for a picture: François-Henri Pinault with his wife Salma Hayek © Getty François-Henri Pinault with his wife Salma Hayek

Two of France's richest men are to donate hundreds of millions of euros towards the rebuilding of Notre Dame.

In a statement given to the French newspaper Le Figaro, billionaire François-Henri Pinault, who is married to the actress Salma Hayek, said he hoped the money would help to "completely rebuild Notre Dame".

Pinault is the chairman and CEO of the Kering group, which owns such brands as Gucci, Yves Saint Laurent and Alexander McQueen. He is also president chairman of Artemis, the holding company that controls the assets of the Pinault family.

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More on this story: 

LIVE: Notre Dame spared from total destruction (Evening Standard)

'Inside Notre Dame - crucifix shone in defiance' (Daily Mail)

Fall of Notre Dame is a body blow to Paris (Washington Post)

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He is thought to be worth more than £19bn.

In the statement he said: "This tragedy strikes all the French and beyond all those who are attached to spiritual values. Faced with such a tragedy, everyone wants to revive this jewel of our heritage as quickly as possible.

"My father and I have decided to release from the funds of Artemis a sum of €100m to participate in the effort that will be necessary for the complete reconstruction of Notre Dame."

Smoke billows as fire engulfs the spire of Notre Dame Cathedral in Paris. © Reuters Smoke billows as fire engulfs the spire of Notre Dame Cathedral in Paris.

Shortly after, French billionaire businessman Bernard Arnault's family and his LVMH luxury goods group said they would donate €200m (£172.2m) to help rebuild the cathedral.

"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," a statement said.

CEO of LVMH Bernard Arnault has pledged €200m to restore Notre Dame. © AP CEO of LVMH Bernard Arnault has pledged €200m to restore Notre Dame.

France's Fondation du Patrimoine, a private organisation which works to protect French heritage, said it would be starting an international appeal.

It tweeted: "For Our Lady to be reborn from her ashes we are launching an international appeal. All donations received will be paid in full to the restoration site." Flames and smoke are seen billowing from the roof at Notre Dame Cathedral. © Getty Flames and smoke are seen billowing from the roof at Notre Dame Cathedral.

The cost of rebuilding the cathedral is expected to run into the billions of euros.

At the time of the fire the 850-year-old building was undergoing a multi-million euro restoration project.

The cost of trying to maintain Notre-Dame has spiralled over the years and in the past the French government has looked to the private sector to help finance its upkeep.

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