LVMH's billionaire boss Arnault defends Notre-Dame donations


  • World
  • Thursday, 18 Apr 2019

FILE PHOTO: Bernard Arnault, Chief Executive Officer of LVMH Moet Hennessy Louis Vuitton SE, attends the company's shareholders meeting in Paris, France, April 18, 2019. REUTERS/Benoit Tessier

PARIS (Reuters) - France's richest man Bernard Arnault hit out on Thursday at critics of his rush to donate tens of millions of euros to the restoration of Notre-Dame cathedral, saying he would not benefit from tax breaks and branding the sniping as petty.

Luxury goods group LVMH, owner of Louis Vuitton fashions and Moet & Chandon champagne, and its founding Arnault family announced a combined 200 million euros (£173 million) pledge hours after a fire on Monday ravaged the Paris landmark.

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