The 55 th Annual Meeting of the World Economic Forum opened this week with a powerful message and all-encompassing themes. Klaus Schwab, World Economic Forum Founder and Chairman of the Board of Trustees, global leaders, leaving no doubt about his message: the undeniable need for, in Schwab’s words, Collaboration for the Intelligent Age.
Move over billionaires. The first trillionaires are on their way.
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.
A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.
Banking and oil executives will quiz Donald Trump at the World Economic Forum in Davos on Thursday as the US president makes a much-anticipated online appearance to the gathering of global elites.
Leading business and political figures attending the World Economic Forum meeting in Davos, Switzerland, have discussed and debated topics such as technology, tariffs, climate change, Ukraine, Gaza and the global economy this week.
President Donald Trump has kicked off his second term with a flurry of executive actions on immigration, the economy, DEI and more.
CEO Jamie Dimon and Tesla CEO Elon Musk (TSLA) have “hugged it out” according to a report in a popular outlet. In an interview at the World Economic Forum held at Davos, Switzerland, the banker said that the contentious relationship with the head of the Department of Government Efficiency (DOGE) was over.
President Donald Trump took his America First economic platform to the international community Thursday, promoting tax cuts, oil extraction, and tariffs at the World Economic Forum at Davos.
The tech billionaires have a rocky history, and Musk's comments about funding for the project, which could attract $500 billion prompted a pointed response from OpenAI leader Altman.