French billionaires pledge $339 million to help rebuild Notre Dame

The billionaires behind many of France's top luxury brands have pledged $339 million to help reconstruct Paris' Notre Dame cathedral following a devastating fire. LVMH Group (LVMHF), which owns Louis Vuitton, Christian Dior and Givenchy, said that the company, along with the family of CEO Bernard Arnault, would put up $226 million. The company said in a statement that the donation showed "solidarity with this national tragedy" and that funds would be used to rebuild this "extraordinary cathedral" and symbol of French heritage and unity.

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