As the gulf between the rich and everyone else continues to grow, at least 119 billionaires are converging on Switzerland next week to join bankers, politicians and other grandees for their annual pilgrimage to the Alps.
The elite group, worth about $500 billion, includes regulars like Bridgewater Associates founder Ray Dalio, Blackstone Group Chairman Steve Schwarzman and JPMorgan Chase & Co Chief Executive Officer Jamie Dimon. They appear on a guest list of more than 2,000 names, representing roughly 100 countries, for the World Economic Forum’s annual meeting in Davos.
The event retains its enduring status as the premier networking hub for