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Luxury Titans Lead $678 Million Effort to Restore Notre Dame

  • Macron urges fundraising campaign for cathedral restoration
  • Pinault, Arnault families plan contributions after fire
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French Billionaires Pledge 300 Million Euros for Notre Dame
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France’s luxury-goods tycoons are among the country’s wealthiest individuals and companies to pledge at least 600 million euros ($678 million) to help in the reconstruction of Notre-Dame cathedral a day after the Paris landmark was ravaged by fire.

Kicking off a wave of donations in response to a call from President Emmanuel Macron for a fund-raising campaign, Francois-Henri Pinault, the chairman and chief executive officer of Gucci owner Kering SA, and his father, Francois Pinault, said Tuesday they would donate 100 million euros from their Artemis investment company.