It has only been a few days since a large fire destroyed much of the world famous Notre Dame Cathedral in Paris, but already donations are flooding in from around the world to help pay for repairs to the 850-year-old French landmark. It is thought that upwards of $1 billion has been donated so far from a small number of France’s richest citizens and companies.
One of those donations came from Francois-Henri Pinault, who
is the CEO of Kering. This is a big company that owns some prestigious brands
like Gucci and Yves Saint Laurent. He pledged approximately 100 million euros, which is
around $113 million at current exchange rates. These are eye watering sums of
money, but considering the family is worth in excess of $37 billion, it really
is a drop in the ocean.
This donation was then followed by another donation of 200 million euros...
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