Billionaire signs 100 millioneuro cheque for Notre Dame
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(1 Oct 2019) French billionaire Francois Pinault and son Francois-Henri Pinault have officially signed documents setting aside 100 million euros ($109 million) toward rebuilding Notre Dame Cathedral. • Tuesday's donation follows months of delays that left French officials largely reliant on small charity donations to fund the first phase of repairs, following the devastating fire on April 15. • They spoke at a news conference alongside Paris Archbishop Michel Aupetit. • Francois Pinault, whose international luxury group Kering owns Gucci and Saint Laurent, pledged the money directly after the fire. • His rival, French billionaire Bernard Arnault of luxury goods group LVMH, soon followed suit, pledging 200 million euros ($218 million). • Arnault finalised his donation agreement with the Notre Dame Foundation last week. • • Find out more about AP Archive: http://www.aparchive.com/HowWeWork • Twitter: / ap_archive • Facebook: / aparchives • Instagram: / apnews • • • You can license this story through AP Archive: http://www.aparchive.com/metadata/you...
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