World Economic Forum

Billionaires Heading to Davos Reflect Changed World Order

Noticeably absent from this year’s World Economic Forum will be the Russian tycoons who were once a fixture at the annual capitalist confab.

Your Guide to Davos 2023
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It wasn’t so long ago that Russian billionaires were a fixture at Davos, as commonplace as Moncler puffer coats.

This year there are zero. Russia’s ostracization by the West after its invasion of Ukraine has effectively banished the oligarchs from the annual confab of capitalist elites.