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Gucci owner billionaire Pinault pledges $113M to help rebuild Notre-Dame

French billionaire Francois-Henri Pinault pledged 100 million euros ($113 million) on Monday towards the rebuilding of Notre-Dame Cathedral in Paris, which was partly gutted by a devastating fire.

By Agence France-Presse

French billionaire Francois-Henri Pinault pledged 100 million euros ($113 million) on Monday towards the rebuilding of Notre-Dame Cathedral in Paris, which was partly gutted by a devastating fire.

In a statement sent to AFP the CEO of the Kering group, which owns Gucci and Yves Saint Laurent fashion houses, said the money towards “the effort necessary to completely rebuild Notre-Dame” would be paid by the Pinault family’s investment firm Artemis.

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