France's 3 richest families lead $700 million fundraising effort for Notre Dame

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France's three wealthiest families are coming to the rescue of a national icon, spearheading a fundraising drive to rebuild Notre Dame that has topped $700 million.

The billionaires behind luxury giants

and its CEO Bernard Arnault have promised €200 million . The donation has been matched by the Bettencourt Meyers family, which controls L'Oreal .The Pinault family, which operates luxury conglomerate Kering , has pledged €100 million .The three fashion dynasties have invoked patriotism and shared cultural identity in explaining their generosity following the devastating fire.

said it would make its creative and financial teams available to help with rebuilding and soliciting donations.Arnault, its CEO, is the third richest person in the world, according to the Bloomberg Billionaires Index. His net worth comes in at $90.4 billion, more than that of Warren Buffett or Mark Zuckerberg.In addition to its fashion lines,

 

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GermanyPR We need this money in Africa etc. too!

French cathedrals are state owned since 1905. Arnault is one of the biggest tax evadors of France, living f.e. in Belgium. If he would pay decent taxes as everybody we wouldn't need their f*cking 'philanthropy '. Actually Japan vs Ghosn shows how to handle this kind of people .

Be nice if USA’s 3 wealthy families could help out Puerto Rico.

Trump used his charity money to pay his son’s Boy Scout fees!

Good for them!

Remarkable !!

Well said and done. Us, the people united with one goal. 🇫🇷🙏

It’s terrific that these families have stepped up to willingly use their money for the good of history, France and really all people who respect the meaning and beauty of this cathedral.

mozambicans:

Everyone needs to give back to their community, I applaud these three families for seeing and saying that.

France's three richest families have led a $700 million fundraising campaign to help avenge the Notre Dame cathedral. 'We're giving back to France what France has given us,' says Antoine Arnault of LVMH Group.

How did the fire started?

Insurance will pay ?

Hey. I need a new car? 🤷🏻‍♂️

Shall we show some graphic pictures/ media exposure of the burning of our rain forests ? Arguably far more important

AKimCampbell Haiti weeps.

This proves that as humans we care more for possessions than we do for human life. A building burning down gets more immediate help and funds than people dying. We are truly lost.

But the worlds rain forests continue to recede killing animals everyday due to palm oil production 😡

Er.... not sure about this. What about insurance?

Are they going to pay for the vandalism to the other 800 churches in the last year, too?

How much would a decent fire prevention system cost ? They always shut the gate after the dog has bolted .

realDonaldTrump indicates he will donate $10 Million of his own company’s money to the rebuilding of NotreDame MAGA. foxandfriends TrumpHotels MarALago RushLimbaughEIB whpresscorps USATODAY

You build spirit at least all the souls like you. 👍

This is just friggin ridiculous, all this money could take all the homeless off the streets of Paris but is being donated for a building? Words fail me!

Seeing some reactions, re why don’t these people donate to charities- they may well do that too. The important thing is to remember, it’s their money - they can do as they wish with it ...and Notre Dame is certainly worthy .

🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷👏👏👏👏👏👏👏🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷👏👏👌👌👌👌👌👌👌👏👏👏👏🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷🇫🇷

After what priest have done to choldren I’d be mor impressed if you helped the ones they hurt and gave aids to that would be real loving but a building when church is rich don’t get that.

👏👏👏👏👏

700 million is basically a pious deception. There are 3641 homeless who sleep on the streets of Paris. I’m not sure you can fulfill religious obligations by rebuilding a house of worship when what is needed is housing. NotreDameCathedral

That’s so awesome I think DonaldTrump Should just pay for the big wall himself

I figured on donating $10, but maybe it won't be needed. Finding the right people to do the work might be the hard part. The fire fighters did well, though.

Can we send them back the Statue of Liberty?

👍👏🙏😊❤️❤️❤️

Maybe they should fund france’s anti terrorism unit

“Those filthy billionaires....oh wait...”

It's a shame that the Catholic church has no money to rebuild it...

That's nice and all, but why can't we have a tax/government system that helps prevent this stuff, takes care of the aftermath, and does more good with the rest of the money?

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