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World Economic Forum


About World Economic Forum

About World Economic Forum

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New World Order
Rte de la Capite, 1223 Cologny, Switzerland
Phone Number
+41 22 869 12 12

The World Economic Forum, based in Cologny, Geneva Canton, Switzerland, is an international NGO, founded on 24 January 1971 by Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in Graubünden, in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among which are business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss global issues across 500 sessions.