4/16/2019, 9:21 AM (Source: TeleTrader)
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Kering CEO to donate €100M for Notre Dame repair

Chief executive officer of luxury brand group Kering S.A., Francois-Henri Pinault, vowed on Tuesday to donate €100 million for the reconstruction of the Notre Dame cathedral in Paris, after a fire on Monday destroyed its roof, spire and an unknown amount of artifacts.

"This tragedy is striking all the French people, and beyond that, all those attached to spiritual values," the billionaire said.

The fire was put under control last night, which saved the church from completely collapsing. President Emmanuel Macron vowed to rebuild the destroyed parts of the 850-year-old house of prayer. The blaze could have been caused by an accident related to the restoration that was underway at the UNESCO World Heritage Site.

Breaking the News / NI