April 21, 2019 12:05 AM NPT
French President Emmanuel Macron has pledged to rebuild the devastated Notre-Dame Cathedral within five years, and less than 48 hours since the blaze began, tycoons, companies, local authorities and individuals have stepped forward with donations totalling some €900 million. Other pledges include free transport, timber and renovation work.
The most substantial pledges made so far include €200 million from French billionaire businessman Bernard Arnault’s family and his LVMH luxury goods group, a further €200m from French luxury and cosmetics group L’Oreal, along with the Bettencourt Meyer family and the Bettencourt Schueller foundation.
A pledge of €100m from Francois Henri Pinault, who heads the Kering luxury goods company, and €100m from French oil company Total.
Donations from over 150,000 individuals around the world add a further €20m to the total, while the Hungarian cities of Szeged and Székesfehérvár have pledged €10,000 each towards the cathedral’s restoration.