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🇫🇷 France /Economy & Trade

Bernard Arnault makes historic 50 million euro donation to Polytechnique

From Le Figaro · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • French billionaire Bernard Arnault donated 50 million euros to the prestigious Polytechnique school.
  • The donation will fund a new research center and a multidisciplinary scientific program to strengthen France's scientific and technological sovereignty.
  • The initiative, part of the school's

Bernard Arnault, the billionaire behind LVMH, has made a historic 50 million euro donation to Polytechnique, his alma mater. The funds, channeled through his family's company Agache, will support the creation of a French center of excellence and a new scientific program.

The donation, part of the school's "Serve Science" fundraising campaign launched in 2024, is described as historic for both Polytechnique and French fundamental research. The new center, to be located on the Saclay plateau, will bring together researchers from various fields including mathematics, physics, and computer science, alongside students.

It is a historic amount, both for Polytechnique and for French fundamental research.

— Le FigaroDescribing the significance of Bernard Arnault's donation.

This initiative aims to bolster France's scientific and technological sovereignty. The funds will finance the construction of a building to host high-level international researchers and launch a pluridisciplinary scientific program starting next academic year. Arnault, an alumnus from the 1969 class, is investing in the future of French innovation and research.

Serve Science

— PolytechniqueThe name of the fundraising campaign launched by the school.
DistantNews Editorial

Originally published by Le Figaro in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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