Jump to content
Search In
  • More options...
Find results that contain...
Find results in...

Welcome to Redly

Redly is a friendly online community for leftists and progressives.

Sign up now to share news and updates on your timeline, join and create groups, write a blog, find upcoming events, and meet new friends.

Registration is free and just takes a few seconds.

Sign Up

The French billionaires were quick to pledge donations to rebuild Notre Dame but are slow to give any actual money

Recommended Posts


Very little of the money that French billionaires promised to donate to the reconstruction of Notre Dame has actually been donated.


Even though their fortunes get bigger by the month, their pledges of more than $500 million are mostly still just promises

For example, French billionaire Bernard Arnault pledged $224 million to rebuild Notre Dame. He's donated just $11 million so far. But his fortune grew by $32.4 billion in 2019. And he's not alone.

Let's recalculate Arnault's pledge and compare his generosity in proportion to average people. A median French family might have a household wealth of $60000. Let's say it went up to $3000 this year. It would be as if this family pledged $20 to Notre Dame. And paid $1.

These billionaires are not generous.  

Share this post

Link to post
Share on other sites
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content, analyze site traffic, and understand where our audience is coming from. To find out more, please read our Privacy Policy. By choosing I Accept, you consent to our use of cookies and other tracking technologies.