Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

True Dough

(17,305 posts)
Fri Jul 19, 2019, 07:27 AM Jul 2019

Billionaires who made massive pledges to help rebuild Nortre Dame largely haven't followed through

There are better causes they could donate their money to, but they publicly chose this one. Yet most of them have been negligent in actually turning over the cash...

“The big donors haven’t paid. Not a cent,” a senior official at the cathedral tells journalists. Far humbler sums are sent in, from far poorer individuals. “Beautiful gestures,” says one charity executive, but hardly les grands prix.

That prompts a newswire story, after which two of the wealthy donors, the Arnault and Pinault families, stump up €10m each. Followed by silence. Questions I put this week to the various donors and charities went largely unanswered. (Perhaps their offices are busy or emptied out by the summer holidays.)

<snip>

“It is more blessed to give than to receive,” said Jesus. To which anyone surveying the Notre Dame debacle might advise the son of God to get a better brand manager. Because the billionaires who promised those vast sums have received all the credit while not giving more than a fraction of the money.

They have banked the publicity, while dreaming up small print that didn’t exist in the spring. As another charity executive, Célia Vérot, said: “It’s a voluntary donation, so the companies are waiting for the government’s vision to see what precisely they want to fund.” It’s as if the vast project of rebuilding a 12th-century masterpiece was a breakfast buffet from which one could pick and choose.


https://www.theguardian.com/commentisfree/2019/jul/18/ruins-notre-dame-billionaires-french-philanthropy
7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Billionaires who made massive pledges to help rebuild Nortre Dame largely haven't followed through (Original Post) True Dough Jul 2019 OP
Shocking!....... nt Guy Whitey Corngood Jul 2019 #1
Excellent article. madaboutharry Jul 2019 #2
Besides billionaires, you know what else is cheap? theaocp Jul 2019 #3
Kick ck4829 Jul 2019 #4
The Parable of the Disappearing Billionaires dalton99a Jul 2019 #5
Once again, if you're surprised you haven't been paying attention... Wounded Bear Jul 2019 #6
I don't understand why anyone gives them the good will on the front end. KentuckyWoman Jul 2019 #7

dalton99a

(81,489 posts)
5. The Parable of the Disappearing Billionaires
Sun Jul 21, 2019, 10:34 AM
Jul 2019
But for now, let’s call this the Parable of the Disappearing Billionaires – a tale that goes to the heart of much that is wrong with modern philanthropy. Whether dispensed by the Sacklers of opioid fame, or sponsored by BP at the British Museum, it often comes on the terms and timelines of the wealthy, with the epic generosity hiding a much harder bargain.

At the time of the fire near the Seine, you could barely move for expressions of cashmere-clad concern. Take the family and foundation behind L’Oréal, who at the time declared how “touched” they were “by this drama that unites beyond cultures and beliefs [and] intend to take part in the collective effort and talents needed to meet this immense challenge, which touches the heart of our country”. As of mid-June, they had handed over a big fat zero. The same goes for oil giant Total.

“It is more blessed to give than to receive,” said Jesus. To which anyone surveying the Notre Dame debacle might advise the son of God to get a better brand manager. Because the billionaires who promised those vast sums have received all the credit while not giving more than a fraction of the money.

KentuckyWoman

(6,679 posts)
7. I don't understand why anyone gives them the good will on the front end.
Sun Jul 21, 2019, 10:43 AM
Jul 2019

The sticky stars should be handed out when the money is coughed up. We've had all of human history to get the lesson... talk is cheap.

Latest Discussions»General Discussion»Billionaires who made mas...