Monday, March 17, 2025 | 11:55 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

George Soros to Bill Gates: Davos summit attendees keep getting richer

The world's elite have prospered since the financial crash. It means the conference's attendees-overwhelmingly male-exert more authority and visibility than ever.

davos 2019, global economic forum
Premium

World Economic Forum Attendees mingle between sessions in Davos, 2009.Photographer: Adam Berry/Bloomberg

Bloomberg
The global elite descending on Davos are richer than ever. 

A decade after the financial crisis poured flat champagne on the World Economic Forum, gold-collar executives set to gather there this week have bounced back, and then some. 

David Rubenstein has doubled his fortune since 2009. Jamie Dimon has more than tripled his net worth. And Stephen Schwarzman has increased his wealth six-fold. 

It’s a remarkable showing given the economic and political tumult of the past decade, from Lehman Brothers to Brexit to Donald Trump. The fortunes of a dozen 2009 Davos attendees have soared by a combined $175 billion,

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in