The French Billionaire, Mr Pinault, who is married to actress Salma Hayek, said: “My father [François Pinault] and I have decided to release as of now from the funds of Artemis a sum of 100 million euros to participate in the effort that will be necessary for the complete reconstruction of Notre Dame.”
The 850-year old building caught fire at around 6:30 pm on Monday evening, causing its spire and roof to collapse. Firefighting efforts meant that the main structure, including the two bell towers, were saved.
Speaking to French media, President Emmanuel Macron called the blaze a “terrible tragedy” and said the “worst had been avoided.” He also pledged to launch an international fundraising scheme for the landmark’s reconstruction.
It’s not yet clear what caused the fire, although authorities suspect it could be linked to renovation work which began after cracks appeared in the stone.
Mr Pinault, 56, is an art collector and chairman and CEO of the luxury group Kering, which owns fashion brands including Balenciaga, Saint Laurent, Alexander McQueen and Gucci.
Since 2005, Mr Pinault has served as the CEO and chairman of luxury brand group Kering, which his father founded in 1963.
In 2013, Mr Pinault rebranded the group’s name from PPR to Kering and chose to focus on more established brands such as Gucci and Saint Laurent, having divested of Puma and sold its 50 per cent stake in Stella McCartney.
Mr Pinault also serves as chairman of Kering’s Corporate Foundation for Women’s Dignity and Rights and is a Supervisory Board Member of ELA (a European NGO campaigning for research in leukodystrophy.)
In February 2018, Mr Pinalult’s net worth was valued at an estimated $25.5 billion (£19.5 billion).
His father, François Pinault, has an estimated net worth of $35 billion (£27 billion), according to Forbes.
Salma Hayek is an American-Mexican actress, known for her starring roles in films such as Frida, From Dusk till Dawn and Grown Ups.
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