FAST FIVE: French Billionaires Pledge Nearly $350 Million To Rebuild Notre Dame
In a speech delivered shortly before midnight, French President Emmanuel Macron implored the French people to join a national fundraising campaign to repair the damage, and at least one of the country's wealthiest men has already obliged.
It was in the middle of a $12.5 million renovation financed by the French state when the fire, reportedly caused by an 'accident' in the cathedral's attic, first broke out.
“The Arnault family and the LVMH group would like to show their solidarity at a time of national tragedy, and are joining up to help rebuild this extraordinary cathedral, which is a symbol of France, of its heritage and of French unity,” said the statement.
Between the two, a combined $340 million has already been pledged to rebuild the cathedral.
Meanwhile, French construction company Vinci has proposed that the country's builders band together to complete the renovations.