Donors pledge 700M euros to rebuild Notre Dame cathedral in less than 24 hours
Notre Dame Cathedral went up in flames on Monday evening, a blaze that devastated the Parisian landmark, destroying the structure’s wooden-beamed roof and collapsing the iconic spire. It is a searing loss for Paris and France.
The steeple engulfed in flames collapses as the roof of the Notre-Dame de Paris Cathedral burns on April 15, 2019, in Paris.(Photo by Geoffroy VAN DER HASSELT / AFP)
French President Emmanuel Macron has pledged to rebuild the gothic masterpiece and already, within the first 24 hours since the disaster, private companies and local authorities have stepped forward with large donations.
Here are the main pledges made so far:
French billionaire businessman Bernard Arnault’s family and his LVMH luxury goods group said they would donate 200-million euros to help repair the cathedral.
Francois Henri Pinault, who heads the Kering luxury goods company, pledged 100-million euros through his Artemis holding.
French luxury and cosmetics group L’Oreal, along with the Bettencourt Meyer family and the Bettencourt Schueller Foundation, will donate 200-million euros in total.
French oil company Total said it will donate 100-million euros.
Marc Ladreit de Lacharriere, head of the group that runs ratings agency Fitch, pledged 10-million euros.
Construction group Vinci called on all building companies in France to join forces to repair the cathedral in an “industry-wide skills sponsorship drive.”
Martin Bouygues and his brother Olivier, who oversee telecoms to construction conglomerate, pledged to donate 10-million euros. Bouygues group separately said it was ready to join the “skills sponsorship” drive.
French outdoor advertising group pledged 20-million euros.
Societe Generate bank pledged 10-million euros.
The French retailer said its Franprix and Monoprix stores would implement price-rounding operations to support foundations helping with repairs.
CEO Tim Cook said on Twitter Apple would donate an unspecified sum to rebuilding efforts.
CITY OF PARIS
Paris Mayor Anne Hidalgo said the city would donate 50-million euros.
Valerie Pecresse, head of the Ile de France regional authority that includes Paris, pledged 10-million euros.
AUVERGNE-RHONE ALPES REGION
Local government to donate 2-million euros.
EUROPEAN CENTRAL BANK
The bank said it would donate 9-million euros.
IT services group to donate 1 million euros.