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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In 2019, 16-year-old climate activist Greta Thunberg took the Davos stage to sharply criticize global leaders for failing to act on climate change, warning that incremental promises were meaningless without immediate, systemic action.
The Global Risks Report is the World Economic Forum’s annual assessment of the most pressing threats facing the world. The 2025 edition highlights declining global optimism, deepening geopolitical and economic tensions, and rising social fragmentation across societies.
Founded in 1923, the Spengler Cup is the world’s oldest international ice hockey tournament, held annually in Davos. Created to promote reconciliation after World War I, it remains one of the sport’s most prestigious invitational events.
By 2024, the World Economic Forum-backed Edison Alliance had delivered digital connectivity and access to financial, healthcare, and education services to more than 1 billion people, using public-private partnerships across Africa, Asia, Latin America, and the US.
This silent video from the 1920s shows footage of Einstein at Davos. The famous scientist spent time there, delivering public lectures on his theory of relativity as part of the town’s university courses.
Speaking directly to an audience of billionaires and CEOs, Bregman broke from Davos norms by challenging elite comfort with inequality, arguing that fair taxation—not philanthropy—was the more honest solution, creating one of the Forum’s most widely shared moments.
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.
This interactive traces the World Economic Forum’s evolution from a small European meeting in the 1970s into a global power hub, highlighting pivotal moments in Davos, landmark speeches, and turning points that have shaped its outsized influence on world affairs.
Each year, Davos introduces a new overarching theme to guide the discussions at the event. The 2026 World Economic Forum theme is intended to spark conversation around global challenges including cooperation in a contested world, investing in people, deploying innovation responsibly at scale, building prosperity within planetary boundaries, and more.
Access to Davos’ most exclusive events often comes at a steep price: Annual WEF dues can exceed $50K, premium membership can reach $500K, and attendance adds high costs for travel, lodging, security, and credentials.
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.