As the fire that devastated Notre-Dame was extinguished and attention turned to rebuilding the Paris landmark, rival billionaire families emerged as protagonists in the fundraising effort.
The Pinaults, owners of luxury conglomerate Kering, pledged €100m from family holding company Artemis on Monday evening before the fire was out. “Faced with such a tragedy, everyone wishes to restore life to this jewel of our heritage,” said Fran?ois-Henri Pinault, chairman and chief executive.
Yesterday, the Arnault family, owner of LVMH, the world’s largest luxury group by revenues, offered double — €200m — for the restoration effort. “The Arnault family and the LVMH Group, in solidarity with this national tragedy, are associated with the reconstruction of this ex-tra-ordinary cathedral, symbol of France, its heritage and its unity,” the family said.