Short answers, pulled from the story.
The World Economic Forum was established on the 24th of January 1971 by German engineer Klaus Schwab. It originally operated as the European Management Forum in Davos before expanding its scope globally.
White badges grant access to the Congress Centre and most restricted areas while orange badges limit journalists to press zones. Since 2024 new Accredited Badges allow entry to secure hotels and the Ice Village but exclude the main hall.
The Global Competitiveness Report first appeared in 1979 to measure national competitiveness and the Global Risks Report began in 2006 to assess cross-industry threats. The forum also released Nature Risk Rising in 2020 estimating half of global GDP depends on nature.
By 2014 fees rose by 20 percent bringing Strategic Partner costs to CHF 600,000 or $628,000. Annual membership cost was $52,000 for individual members in 2011 before these increases.
Klaus Schwab resigned after whistleblowers alleged financial impropriety and research manipulation prompting his resignation as chair. An internal investigation found no evidence of material wrongdoing but led to governance restructuring with interim co-chairs Larry Fink and André Hoffmann appointed to strengthen oversight.