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François-Henri Pinault — chairman and CEO of Kering

KER, +.62%

, the French-primarily based luxury group behind Gucci, Balenciaga, Yves Saint Laurent and other planet-renowned brands — has pledged more than $110 million towards the rebuilding of the Notre Dame cathedral.

Pinault, who is married to actress Salma Hayek, mentioned in a statement that he plans to spend by means of his family’s investment firm, Artemis, for any operate that desires to be carried out following Monday’s catastrophic fire, according to AFP.

The billionaire reportedly pledged 100 million euros, or $113 million. He hopes that the money will enable church officials “completely rebuild Notre Dame.” French president Emmanuel Macron had vowed to do so earlier in the day.

“We will rebuild Notre Dame since it is what the French anticipate,” Macron mentioned, calling it “the epicenter” of their lives.

“It is what our history deserves,” he added. “It is, in the deepest sense, our destiny.

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