Attending Davos can cost hundreds of thousands of dollars

Davos becomes extremely heavily secured during the WEF

During the annual World Economic Forum in Davos, the city effectively turns into a fortress, guarded by thousands of Swiss army, police, and civil security personnel, with restricted airspace, drone surveillance, snipers, checkpoints, and round-the-clock patrols protecting global leaders.

See who attended Davos 2025

Each year, Davos draws one of the most exclusive guest lists in the world. In 2025, attendees included 60 heads of state, over 900 CEOs and corporate chairs, and top leaders from global civil society, who gathered in the Swiss Alps.

Davos has faced backlash over private jet usage

For the 2022 Davos meeting, which focused on the climate crisis, approximately one in 10 attendees arrived by private jet, producing emissions equivalent to those of roughly 350,000 cars in a week. One recorded jet flight to Davos covered just 13 miles.

Go behind the scenes of Davos with ‘60 Minutes’

In 2010, "60 Minutes" gained rare, near-unprecedented access to the World Economic Forum, with Scott Pelley roaming Davos’ exclusive meetings and elite spaces. See how global power brokers mingle, negotiate, and shape agendas offstage at the event.

Meet Klaus Schwab, the founder and driving force behind Davos

Klaus Schwab founded the World Economic Forum in 1971 and spent five decades promoting stakeholder capitalism and cross-sector cooperation among elites. Under his leadership, Davos became a hub for global power brokers. Schwab stepped down from the role in April 2025 amid accusations of misconduct.

The World Economic Forum works year-round

Beyond its annual Davos meeting, the World Economic Forum operates year-round through 11 centers that convene governments, corporations, and experts to coordinate initiatives around topics such as AI, cybersecurity, energy, climate change, health, finance, trade, geopolitics, and emerging technologies.

A typical weekend at Coachella can cost thousands of dollars

Coachella might be a cutting-edge cultural event, but it doesn't come for free. Beyond the high ticket prices—which typically start around $500—there are other costs, like lodging, food, and libations. This article spotlights four attendees who break down their expenses for the week and why, despite the hefty price tag, they were so interested in heading to the desert.

Davos is also one of Europe’s most well-known winter sports destinations

Davos emerged as a winter sports resort in 1865. The town went on to pioneer modern skiing, ski lifts, tobogganing, and ice sports. The city hosted early ski races, invented key lift technology, and became home to traditions like the Parsenn Derby and the Spengler Cup.

The WEF’s ‘Davos Manifesto’ is a set of guiding principles for the event

In 2020, these principles were updated for the first time in more than 40 years to include “stakeholder capitalism,” the idea that a company’s purpose is “to engage all its stakeholders in shared and sustained value creation.”

The economics of ski resorts

More than 480 ski resorts pack in nearly 65 million visitors each year in the US for historically high prices. Daily lift tickets may cost three figures at many locations. Amid industry consolidation and more stringent land use regulations, ski resorts are upping their prices—a factor that does not appear to be dampening the sport's popularity. Learn more here.

Annual memberships for concierge medicine can be $1,000 or as much as $50,000

Concierge medicine practices offer more opportunities for same-day visits and longer meeting times with doctors in exchange for annual membership fees on top of typical insurance payments, copays, and deductibles.

A group of billionaires and millionaires wants to pay more taxes

Hundreds of billionaires and millionaires have signed a letter called “Proud to Pay More,” in which they ask world leaders to tax the wealthiest individuals more than they currently do. The group, which includes Disney heir Abigail Disney and Valerie Rockefeller, re-upped their call at the World Economic Forum in Davos this year. Learn about the “Proud to Pay More” letter in this article.

The matchmakers serving the elite of Silicon Valley

If members of the wealthy elite want to find romance, they often choose expensive match-making services rather than dating apps. These services can cost $150,000 for each match, and providers are experts in dealing with the unique social dynamics caused by being wealthy and the unusual egos such wealth can bring. This article explores this hidden cultural phenomenon.

Hosting the World Cup requires massive investments in infrastructure

Since the 1990s, those costs have crept into the billions. Cities are able to sell the high price tag with promises of jobs and tourism dollars, but long-term studies showed the promises were often overstated.

The money behind Eurovision

Countries pay to take part in Eurovision, with the biggest economies—Germany, the United Kingdom, France, Italy, and Spain, also known as the Big Five—paying the most. That unequal entry fee is not entirely for charity's sake: The Big Five countries are guaranteed spots in Eurovision's finals.

Campaigning for the Westminster dog show can cost up to $6K

Before dogs make it to the high-profile Westminster Kennel Club Dog Show, owners invest money in registering their dog in numerous shows, paying for professional photoshoots, and grooming services. While winning dog shows often doesn't come with cash prizes, it does usually result in more interest in the dog's breeding stock.

Canada Goose jackets can cost upward of $1K

Canada Goose winter jackets have become status symbols of sorts in chilly cities all over the United States. But the brand wasn’t always considered luxury. Originally, Canada Goose was a little-known manufacturer of utilitarian outerwear. This video shows how the retailer went from selling coats for the working class to selling coats to the 1%.

It’s actually pretty hard to get into CES

The event is technically a “trade” event, designated only for industry professionals. Roughly 170,000 attendees pass muster to get in, and according to this blog post, not all of them adhere strictly to the standard qualifications. Sometimes folks create a false credential or simply buy unused tickets from absent industry pros, while others sneak in.

WeWork held controversial ‘summer camp’ retreats for employees

Step inside one of WeWork’s “summer camp” retreats full of drugs, alcohol, and exorbitant company spending.

The lifetime cost of the American dream exceeds $5M

A new analysis suggests it costs millions of dollars to maintain the American dream over a lifetime. The price tag includes retirement, healthcare, higher education, homeownership, and other core elements of a comfortable life for the average American.

Roughly 12.5% of US households earn more than $200K annually

More than 1 in 4 households earn $200K or more annually in Washington, DC. However, in West Virginia, which isn't far from DC, only 5.9% of households earn more than $200K.

Geneva, Switzerland, has some of the highest grocery prices worldwide

Other cities that made the top 20 on the list of the global cities with the highest grocery prices around the world include Boston, Hong Kong, and Toronto, at least as of 2025.

Graduate/professional schools often cost more to attend than undergraduate schools

Grad and professional school cost more than undergraduate schools. Individuals with advanced degrees owe many times more than graduates with bachelor’s degrees. For example, the average student debt held by a PhD was around $125K in 2023, while those with undergraduate debt averaged $37K.

Before the current East Wing ballroom project, only two White House renovations in the past 100 years cost more than $10M.

Serbian donkey cheese is the most expensive in the world

Only one farm in the world produces pule, a cheese made from rare Balkan donkey milk that can cost up to $600 per pound. Pule is special for a number of reasons, including the unusual ingredients and the amount of labor required to produce it. Everything, including milking the donkeys, must be done by hand.

How Ivy Leagues are worth billions

Ivy League universities manage massive endowments to support their operations—but instead of simply spending donations, they invest them for long-term growth. Yale’s David Swensen helped reshape this approach in the 1980s by diversifying beyond stocks and bonds into private equity, hedge funds, and real estate.

The most expensive ad of all time was for Chanel No. 5 perfume and cost roughly $33M to produce in 2004—about $57M in today's dollars.

Hedge funds, the private investment firms that trade a wide swath of financial assets, make money by imposing steep fees on investors and from the fund's investment performance.

The US dollar is the most widely circulated currency in the world, and is involved in nearly 90% of global transactions

A Yale student wrote a profound essay about the consulting industry's influence on elite college students that was published in a book of her writing after she died in a post-graduation car accident.

Legendary architect Frank Lloyd Wright designed the SC Johnson headquarters in Wisconsin, aiming to make a cathedral-like workplace

NBA superstar Victor Wembanyama spent the 2025 summer training with monks in central China to enhance his body and mind.

Use this calculator to find the dollar value of your mental load, from meal planning to coordinating after-school care for your children.

Up to a million Girl Scouts sell about 200 million cookie boxes every spring, generating $800 million, largely because refusing a child is frowned upon

Take a 3D tour of the Hajj, Islam's annual pilgrimage to Mecca, undertaken by over 1.5 million Muslims.

The 1987 Nintendo video game 'Stadium Events' isn't known for being particularly fun, but its scarcity has made it a highly sought-after item that has sold for up to $35K at auction.

Hotels in Cannes, the glamorous city on the French Riviera, hire hawks to ward off seagulls during the city's famous film festival.

About 2,000 US babies are born annually without some portion of their limbs, potentially leading to a lifetime of pricey prosthetics.

Stanford built a Google Maps for the Roman Empire, revealing how much it cost to travel in the ancient world

In 2026, Finland was named the world's happiest country for the ninth consecutive year based on its wealth, social safety network, and high life expectancy, among other factors.

American dance legend Martha Graham, sometimes called 'the Picasso of dance,' refused to perform at the 1936 Olympics in Berlin and conceived the piece 'Chronicle' in response to the experience.

Electrical grids worldwide must double their power delivery capacity by 2050 to meet surging demand from AI and electric vehicles.

Dozens of S&P 500 stocks, including Coca-Cola and Walmart—known as the dividend aristocrats—have increased dividends every year for 25 years

Marburg virus, related to Ebola, is also extremely deadly, and has no available vaccine.

A 2019 Facebook event called on attendees to "Storm Area 51, They Can't Stop All of Us," resulting in countless memes, the creation of a music festival, and eventually the arrests of those who did try to approach the area.

According to the physics of black holes, our 4D reality may be a hologram—a projection of information coded on a 2D surface on the edge of the universe.

For centuries, Niagara Falls has been a magnet for daredevils seeking to conquer one of nature's most powerful wonders, with its 200-foot drop and water rushing at 32 feet per second with 280 tons of force.

The boiling temperature of water decreases with increasing elevation because the molecules need less energy to overcome the lower atmospheric pressure associated with thinner air.

Search a massive database of over 4 decades of clues from the TV quiz show 'Jeopardy!'

Explore a list of the 100 best novels of all time, compiled by some of the world's best living writers, including Salman Rushdie, Stephen King, and Jennifer Egan.