Salma Hayek says husband won’t claim tax credit for $113M donation
Actress Salma Hayek lavished praise on her husband’s family for their generous donation to rebuild Paris’ Notre Dame Cathedral — and clarified that they won’t be taking advantage of any tax credits.
Hayek is married to François-Henri Pinault, CEO of the French luxury fashion company Kering.
The Pinault family pledged €100 million ($113 million) to restore the iconic gothic cathedral after it was seriously damaged in a nine-hour blaze on Monday.
“Today more than ever I feel proud to be part of the Pinault family,” Hayek wrote in an Instagram post Thursday.
She also pointed out that they will not be claiming any tax deductions from the government on their donation after some controversy over France’s generous tax benefits. In France, individuals can deduct 66% of a charitable gift on their taxes, while businesses can claim back 60%.
“My husband and father-in-law are two generous French citizens, who sincerely understand the importance of this spiritual, cultural and historical treasure from Paris to the world,” the actress added.
Based in Paris, Kering owns top fashion brands such as Gucci, Yves Saint Laurent and Balenciaga.
The Pinault family is worth an estimated $37.3 billion, according to Bloomberg.
“This tragedy is striking all the French people, and beyond that, all those attached to spiritual values,” Pinault said in a statement Tuesday. “Faced with this tragedy, everyone wishes to give life back to this jewel of our heritage as soon as possible.”
The Pinaults were the first of three of France’s richest families to open their checkbooks to save the Notre Dame. Together, the families pledged a combined $565 million to the cause.