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Putin’s War Means Russia’s Rich Aren’t Welcome at Davos Anymore

The vodka and caviar-fueled parties usually hosted in the Swiss Alps by Russian oligarchs won’t happen in the aftermath of the invasion of Ukraine.

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WATCH: Davos is Back!

The rich and powerful flocking to Davos this year won’t be forced for once to bear the icy winter wind, but the frostiness toward Russia, whose oligarchs have thrown some of the most famously glitzy parties at the World Economic Forum, will be palpable. 

The first in-person meeting in the Swiss Alps of the WEF in two years starts on Sunday after Covid-related interruptions. Even this gathering was delayed from the usual late January schedule, meaning the snow is confined for once to the peaks.