Billionaire François-Henri Pinault simply pledged greater than 100 million euros to rebuild the Notre Dame Cathedral – TechCrunch


The Notre Dame Cathedral in Paris has been saved after hearth broke out within the early hours of Monday night, however not earlier than intensive injury was inflicted on the 856-year-old constructing, with a lot of its roof collapsing into itself, together with its most important spire.

The hearth had blazed for eight hours earlier than firefighters had been capable of largely comprise it, together with saving its two iconic rectangular towers and plenty of of its treasured relics, together with the Crown of Thorns, mentioned to have been worn by Jesus Christ earlier than the crucifixion. Nonetheless, as French President Emmanual Macron mentioned exterior the cathedral as soon as the fireplace was practically extinguished, “The worst has been prevented, however the battle isn’t absolutely gained but.” Macron continued on to say that France deliberate to start out a global fundraising marketing campaign to lift cash for the renovations.

He could have a serious head begin on that marketing campaign, because of billionaire François-Henri Pinault, who has already pledged greater than 100 million euros to rebuild the cathedral. According to the AFP, Pinault mentioned in an announcement that he plans to offer the cash by his household’s funding agency, Artemis — funding that he hopes will assist church officers “utterly rebuild Notre Dame.”

Pinault owns the French luxurious group Kering, which oversees the luxurious style manufacturers Gucci and Saint Laurent, amongst others. Lesser identified is that he’s a little bit of a geek, or was as soon as.

Pinault talked with TechCrunch years in the past about his early love of laptop science and about having interned at Hewlett Packard as a software program developer. On the time, he additionally mentioned he helped begin Smooth Computing, an organization that was based in Paris in 1984 by fellow college students of Pinault, Eric Fischmeister and Gilles Venturi. They later took the corporate public and, final December, sold a majority stake within the enterprise to advert big Publicis.

An energetic philanthropist, Pinault has seemingly steered round a lot of the startup world since, not like others of the world’s richest individuals. His few identified startup investments embody an early test to the net procuring platform Fancy. Extra just lately, he helped provide funding to Muzik, an L.A.-based maker of so-called sensible headphones that raised $70 million from traders final Might.



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