Francoise Bettencourt Meyers, 69, the wealthiest woman on the planet, is the latest French billionaire to benefit from the spending spree. L’Oreal, the makeup and skincare empire founded by her grandfather, reported strong first-quarter revenue growth that sent the shares to a record high on Friday. Her fortune has risen to $93.3 billion, a $21.8 billion jump since the start of the year, according to the Bloomberg Billionaires Index.

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