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The lesson from the ruins of Notre Dame: don’t rely on billionaires

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  • The lesson from the ruins of Notre Dame: don’t rely on billionaires

    Barely has the fire been put out before some of the richest people in Francerush to help rebuild it. From Franois-Henri Pinault, the ultimate owner of Gucci, comes 100m (90m). Not to be outdone, the Arnault family at Louis Vuitton put up 200m. More of the wealthy join the bidding, as if a Damien Hirst is going under the hammer. Within just three days, Frances billionaire class has coughed up nearly 600m. Or so their press releases state.
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