By mass do you mean a crowd, a group of individuals?

If so, then no it does not have the same double connotation as the original phrase attributed to Henri IV. In French, the phrase is "Paris vaut bien une messe". Messe in French is not a synonym of masse which means crowd, large amount of people in a quite negative way. Messe only refers to the religious ceremony or the music composed for the ceremony. It is a coincidence due to the translation.