When Notre Dame cathedral in Paris was severely damaged by fire in 2019 the shock reverberated throughout France — and beyond. However, it’s expected that by the end of this year the restoration will be advanced enough to allow visitors and worshippers to return.
Among those celebrating will be two of France’s most famous companies. Within weeks of the fire both LVMH and Kering came forward to offer their financial support for the restoration project. Bernard Arnault, founder and CEO of LVMH and France’s wealthiest man, signed an agreement with the Fondation Notre Dame to donate €200 million, while fellow billionaire François Pinault and his son Francois-Henri contributed €100 million.