A global shopping splurge on luxury goods and beauty products is making some of the world’s richest people even richer.

Tesla Inc. has created massive wealth globally, from tycoons behind battery makers to individual investors. Now, with a single order from Elon Musk’s electric-car maker, another family has entered the ranks of the ultra-rich.

 A pair of Michigan townships and Mecosta County gave Gotion Inc. the go-ahead on a property-tax-free Renaissance Zone for its proposed $2.4 billion battery plant near Big Rapids.