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French billionaires vow to help rebuild Notre-Dame

The catastrophic fire at Notre-Dame Cathedral in Paris yesterday badly damaged the 850-year-old building, but some of France’s richest moguls are stepping up to pay for repairs.

Around 500 firefighters battled the blaze for nearly five hours, Adam Nossiter and Aurelian Breeden of the NYT write. By 11 p.m. Paris time, the structure had been “saved and preserved as a whole,” the city’s fire chief, Jean-Claude Gallet, said. But two-thirds of the roof was destroyed and the main spire collapsed. So far, it’s unclear both how the fire started and how much survives of the interior, but nobody was killed or injured, officials said.

“We will rebuild Notre-Dame,” President Emmanuel Macron said last night. “Because that is what the French expect.”

So far 300 million euros, or $339 million, have been pledged for rebuilding, Bloomberg reports:

• François-Henri Pinault, the C.E.O. of the luxury goods conglomerate Kering, and his father, François Pinault, will donate €100 million from their investment company, Artemis.