Billionaires and private donors mobilise to rebuild Notre-Dame - News Summed Up

Billionaires and private donors mobilise to rebuild Notre-Dame


PARIS: Billionaires and private donors pledged hundreds of millions of euros on Tuesday to help rebuild Notre-Dame cathedral in Paris which has been devastated by fire. French billionaire Bernard Arnault announced Tuesday that he and the LVMH luxury conglomerate he controls would give 200 million euros ($226 million) for the reconstruction efforts. The pledge came after Arnault´s crosstown rival Kering, the fashion group founded by fellow billionaire Francois Pinault, offered 100 million euros to help “completely rebuild Notre-Dame”. The Ile-de-France region comprising the greater Paris region is to provide another 10 million euros. But many officials were urging the government to mobilise the resources to quickly restore the cathedral.


Source: Pakistan Today April 16, 2019 09:33 UTC



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