World Economic Forum admission fee costs $19,000 per person. In 2014, WEF raised annual fees by 20 percent, making the cost for "Strategic Partner" from CHF 500,000 ($523,000) to CHF 600,000 ($628,000). The flagship event of the World Economic Forum is the invitation-only annual meeting held at the end of January in Davos, Switzerland, bringing together chief executive officers from its 1,000 member companies, as well as selected politicians, representatives from academia, NGOs, religious leaders, and the media in an alpine environment. The winter discussions focus around key issues of global concern (such as the globalization, capital markets, wealth management, international conflicts, environmental
World Forum for Ethics in Business conferences joined forces and established a new independent organization, the World Forum for Ethics in Business (WFEB). An initiative of the World Forum for Ethics in Business, the World Youth Forum is part of the annual conferences as an open platform for youth to voice their message to the world’s decision makers in today’s global economic and political environment and to the world community at large. Every year, WFEB confers the Ethics in Business Award to honour individuals and companies that have demonstrated the importance of human values and ethics in life and in the business arena. World Forum for