April 16, 2019 / 6:52 AM / 4 days ago

Billionaire Arnault's family and LVMH to donate 200 million euros for Paris' Notre-Dame

Firefighters work at Notre-Dame Cathedral in Paris, France April 16, 2019. A massive fire consumed the cathedral on Monday, gutting its roof and stunning France and the world. REUTERS/Yves Herman

PARIS (Reuters) - French billionaire businessman Bernard Arnault’s family and his LVMH luxury goods group will donate 200 million euros (172.7 million pounds) to help repair Paris’ Notre-Dame cathedral, said a statement issued on behalf of Arnault.

“The Arnault family and the LVMH group would like to show their solidarity ata this time of national tragedy, and are joining up to help rebuild this extraordinary cathedral, which is a symbol of France, of its heritage and of French unity,” said the statement.

Arnault’s pledge follows a similar 100 million euros donation for Notre-Dame from Francois Henri Pinault, who heads the Kering luxury goods company.

Reporting by Sudip Kar-Gupta; editing by Richard Lough

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