Mideast Billions Turn Heads in Davos, From Blackstone to Beckham
Gulf countries used the weeklong event in the Swiss Alps to showcase their ambitions to become even more relevant on the global stage.
One of the Saudi Arabia premises at the World Economic Forum in Davos.
Photographer: Stefan Wermuth/Bloomberg
This article is for subscribers only.
The glitzy Davos shindig hosted by Qatar’s $510 billion wealth fund attracted a who’s who of Wall Street.
Financial heavyweights from Blackstone Inc.’s Steve Schwarzman to UBS Group AG’s Colm Kelleher made an appearance. Private equity billionaire Robert Smith walked the room, while Saudi Arabia’s investment minister chatted with Gulf retail billionaire Yusuff Ali. British footballer David Beckham even posed for selfies with attendees.