Fifty years ago, Klaus Schwab, German engineer and economist, founded the WEF with the goal of gathering heads of state, CEOs and corporate executives, politicians, celebrities, leaders of charitable organizations and other accomplished people to “improve the state of the world.”
This year, President Donald Trump, Federal Chancellor of Germany Angela Merkel, climate activist Greta Thunberg, Uber CEO Dara Khosrowshahi, executive director of Greenpeace International Jennifer Morgan and president of the International Rescue Committee David Miliband are just some of the 3,000 distinguished guests expected to be there.
In order to attend this highly exclusive event, you must either be a member or offered a private invitation. A membership to the WEF costs about $60,000 to $600,000, plus an additional fee needed to acquire an attendance badge, which runs about $27,000 per person to get into the conference. Clearly, this rarefied event excludes the average person to which the event is meant to help.
Each year, the Davos conference offers several themes. This year, the global elites will participate in panel discussions, primarily focusing on the foreboding climate crisis and sustainability. The irony is lost on the partygoers, as a steady stream of private planes, helicopters and expensive luxury cars whisk the top 1% into town. Offering little self-awareness, leaders of the WEF claim that the jet-set class promises to purchase carbon credits to offset the emissions from their planes.