He and Louis Vuitton owners will support restoration efforts.

The world watched in shock as one of the most iconic Parisian attractions was collapsing from a terrible fire that broke out early yesterday evening.

French billionaire François-Henri Pinault, who is married to the actress Salma Hayek and chairman and CEO of the Kering group, which owns such brands as Gucci, Yves Saint Laurent and Alexander McQueen, will done 100 million Euros towards rebuilding Notre-Dame.

 

 

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 “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,” he said in a statement.

Bernard Arnault, the chairman and chief executive officer of LVMH that owns Louis Vuitton and Dior and the richest person in fashion, announced last night that his family will donate 200 million euros to restorations.

Over 400 fire fighters were called to the scene to contain the blaze that spread all the way to the Giant spire that eventually collapsed. Some of the art and priceless pieces were rescued from the flames, but many predict that restoring the cathedral will cost billions of Euros.

 

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At the time of the fire the 850-year-old building, famously featured in Victor Hugo’s classic novel the Hunchback of Notre-Dame, was undergoing a multi-million Euro restoration project.

We expect many more to donate.

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