5 titans of French luxury grew $50 billion richer in a week — and are now worth more than Costco

5 titans of French luxury grew $50 billion richer in a week — and are now worth more than Costco

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Five titans of French fashion and beauty added a full $50 billion to their fortunes last week, boosting their combined wealth to more than $420 billion. The trigger was China unveiling its stimulus plans, which stoked hopes of a consumer-spending rebound and sparked a stock-market rally.

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