Donors Pledge Nearly 500mn Euros To Rebuild Notre-Dame

(@FahadShabbir)

Donors pledge nearly 500mn euros to rebuild Notre-Dame

Billionaires and local governments pledged nearly 500 million euros (565 million dollars) on Tuesday to help restore Notre-Dame cathedral, with foundations and crowd-sourcing sites also launching fund-raising drives

Paris, (UrduPoint / Pakistan Point News - APP - 16th Apr, 2019 ) :Billionaires and local governments pledged nearly 500 million Euros (565 million Dollars) on Tuesday to help restore Notre-Dame cathedral, with foundations and crowd-sourcing sites also launching fund-raising drives.

President Emmanuel Macron has vowed the emblematic monument will be rebuilt after its spire and roof collapsed Monday night in a blaze thought to be linked to extensive renovation work.

French luxury group Kering, whose brands include Yves Saint Laurent and Gucci, kicked off the campaign late Monday with a promise of 100 million euros ($113 million).

That was followed Tuesday by a 200-million-euro pledge from its crosstown rival LVMH and the family of its founder Bernard Arnault.

The chief executive of French oil giant Total said the firm would contribute 100 million euros.

Other high-profile French donors so far included the investor MarcLadreit de Lacharriere with 10 million euros, and construction magnates Martinand Olivier Bouygues, also with 10 million euros.

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