The World Economic Forum is best known for its annual meeting, held each January in Davos, Switzerland, where political leaders, CEOs, and other prominent figures gather to discuss global challenges and opportunities. Founded in 1971 by German economist Klaus Schwab, the forum’s gathering—known colloquially as “Davos”—has grown into a central convening space for elite cross-sector dialogue, combining public sessions with private meetings that often influence policy, business strategy, and diplomacy behind the scenes.
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Produced by the World Economic Forum, "Radio Davos" is the forum’s weekly podcast, featuring interviews with global leaders, policymakers, executives, and thinkers on issues ranging from climate change and inequality to technology, work, and geopolitics.
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.
Schwab stepped down as chair of the World Economic Forum in 2025 amid reports and internal scrutiny over alleged improper use of Forum resources and workplace culture issues, ending more than five decades at the organization’s helm. The board later reshaped its leadership structure to a more institutional model rather than a founder-centric model.
In this episode of "The Journal," WSJ reporter Shalini Ramachandran investigates claims from current and former employees that the organization behind Davos fostered a toxic workplace, sparked by an anonymous whistleblower letter in 2025 and internal accounts.
Perched high in the Swiss Alps, Davos is one of Europe’s highest towns, accessible via a limited number of routes—an isolated setting that heightens both the security and exclusivity of the annual forum.
Davos provides a forum for unlikely meetings: FW de Klerk met with Nelson Mandela and Mangosuthu Buthelezi during South Africa’s transition from apartheid, North and South Korea held their first-ever ministerial talks, and East and West German leaders discussed reunification.
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.
Thomas Mann’s 1924 novel “The Magic Mountain” is set in a Davos sanatorium, using the alpine resort as a symbolic backdrop for exploring time, illness, modernity, and European intellectual life on the eve of World War I.
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.”
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.
The United States is home to more than 33 million businesses, the vast majority of which are small businesses, with millions being created (and others closing shop) every year. These businesses often rely on loans, provide the goods and services that keep the economy flowing, and sometimes even grow large enough to enter public markets or provide private investment opportunities. Explore key topics central to business and finance, from the role of the Federal Reserve to how initial public offerings work, how millions of American students finance higher education, and more.