French Businessmen Pledge to Help Rebuild Notre Dame Cathedral
April 16 2019 - 6:00AM
Dow Jones News
By Cristina Roca
Two of France's richest entrepreneurs have pledged a combined
total of 300 million euros ($339.2 million) to help rebuild Notre
Dame Cathedral in Paris after a fire ravaged the Gothic landmark on
Monday.
Bernard Arnault, chairman and chief executive of LVMH Moet
Hennessy Louis Vuitton SE (MC.FR), said that his family and the
luxury-goods company, which it controls, will donate EUR200 million
to the fund dedicated to the reconstruction of Notre Dame.
Fellow billionaire and Kering (KER.FR) chairman and chief
executive Francois-Henri Pinault said his family, which controls
LVMH's rival, will donate EUR100 million to the effort.
Following French President Emmanuel Macron's promise to rebuild
the monument, France's Capgemini SE (CAP.FR) on Tuesday also said
that it would give EUR1 million for the reconstruction.
French construction company Vinci SA (DG.FR) said that all
French building companies should join forces to rebuild the church
under a skills sponsorship drive.
"The partial destruction of Notre Dame is an unqualified
tragedy," Vinci said. "The 13th century wooden beams holding up the
roof will never be replaced. But the part of Notre Dame that has
survived the fire must be safeguarded."
Write to Cristina Roca at cristina.roca@dowjones.com;
@_cristinaroca
(END) Dow Jones Newswires
April 16, 2019 05:45 ET (09:45 GMT)
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