Bernard Arnault, the richest man in France, has promised to donate 200 million euros towards the rebuilding of the Notre Dame.
A huge part of the historic cathedral was destroyed by a fire that started on the evening of April 15.
Although firefighters were able to save most of the main structure from the fire, the roof and the spire were completely destroyed by the flames.
As of yet, there is no clear evidence of how the fire started, but officials seem to think the fire is most likely the result of the renovation work that was going on.
The fire is completely out at the moment, and the firefighters had to work through the night to accomplish this.
The famous building has been in existence for 850 years, and it is very popular with tourists from all around the world, being a choice destination for about 30,000 visitors each day.
Notre Dame is also considered a Unesco World Heritage site.
Even as the building went up in flames, thousands of people were gathered in the streets, with some crying as others sang hymns and prayed.
After the fire, many were interested in helping restore the building back to its former glory by funding its rebuilding.
The richest man in France, and also the fourth richest man in the world according to Forbes with a net worth of $91.7 billion as of 2019, came forward and promised to donate $200 million euros towards the cathedral's rebuilding process.
Arnault is the CEO of LVMH, which is the largest luxury goods company in the world with brands like Louis Vuitton and Sephora under its wing.
On Twitter, the wealthy donor claimed that he and his family, as well as the LVMH business empire, were committed to helping reconstruct the cathedral, which is a national icon and a symbol of its heritage and unity.
The billionaire made the donation after another French billionaire, Francois-Henri Pinault, the CEO of Kering, a company that owns brands like Gucci, promised that he would donate 100 million euros to help with the reconstruction work.
LVMH also said it was providing the French authorities with its creative, architectural, and financial specialists to assist with the process.
The French president, Emmanuel Macron, also emphasized his commitment to the reconstruction work as the cathedral was an important part of French history.
Without a doubt, these kinds of donations will go a long way in ensuring that this historic building retains its position in history as a global historic icon.