Donors pledge 700M euros in less than 24 hours for Notre Dame cathedral reconstruction

Francois-Henri Pinault, chief executive of the Kering group which owns brands including Gucci and Yves Saint Laurent said it was "a duty" to rebuild Notre Dame after pledging $100 million euros to help restore the gothic cathedral in Paris destroyed in a fire.

Notre Dame Cathedral went up in flames on Monday evening, a blaze that devastated the Parisian landmark, destroying the structure’s wooden-beamed roof and collapsing the iconic spire. It is a searing loss for Paris and France.

The steeple engulfed in flames collapses as the roof of the Notre-Dame de Paris Cathedral burns on April 15, 2019, in Paris.

The steeple engulfed in flames collapses as the roof of the Notre-Dame de Paris Cathedral burns on April 15, 2019, in Paris.

(Photo by Geoffroy VAN DER HASSELT / AFP)


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French President Emmanuel Macron has pledged to rebuild the gothic masterpiece and already, within the first 24 hours since the disaster, private companies and local authorities have stepped forward with large donations.


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Here are the main pledges made so far:

LVMH

French billionaire businessman Bernard Arnault’s family and his LVMH luxury goods group said they would donate 200-million euros to help repair the cathedral.

KERING

Francois Henri Pinault, who heads the Kering luxury goods company, pledged 100-million euros through his Artemis holding.

L’OREAL

French luxury and cosmetics group L’Oreal, along with the Bettencourt Meyer family and the Bettencourt Schueller Foundation, will donate 200-million euros in total.

TOTAL

French oil company Total said it will donate 100-million euros.

FIMALAC

Marc Ladreit de Lacharriere, head of the group that runs ratings agency Fitch, pledged 10-million euros.

VINCI

Construction group Vinci called on all building companies in France to join forces to repair the cathedral in an “industry-wide skills sponsorship drive.”

BOUYGUES

Martin Bouygues and his brother Olivier, who oversee telecoms to construction conglomerate, pledged to donate 10-million euros. Bouygues group separately said it was ready to join the “skills sponsorship” drive.

JCDECAUX

French outdoor advertising group pledged 20-million euros.

SOCIETE GENERALE

Societe Generate bank pledged 10-million euros.

CASINO

The French retailer said its Franprix and Monoprix stores would implement price-rounding operations to support foundations helping with repairs.

APPLE

CEO Tim Cook said on Twitter Apple would donate an unspecified sum to rebuilding efforts.

CITY OF PARIS

Paris Mayor Anne Hidalgo said the city would donate 50-million euros.

ILE-DE-FRANCE AUTHORITY

Valerie Pecresse, head of the Ile de France regional authority that includes Paris, pledged 10-million euros.

AUVERGNE-RHONE ALPES REGION

Local government to donate 2-million euros.

EUROPEAN CENTRAL BANK

The bank said it would donate 9-million euros.

CAP GEMINI

IT services group to donate 1 million euros.

© 2019 Reuters

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