Well-meaning One Percenters converge each year on an alpine ski resort—Davos, Switzerland—to solve problems ranging from the European debt crisis to global warming to youth unemployment. Alas, the problems tend to remain unsolved, as they did again in 2012. But the food at the World Economic Forum is good, the scenery is fantastic, and the networking can’t be beat.

Well-meaning One Percenters converge each year on an alpine ski resort—Davos, Switzerland—to solve problems ranging from the European debt crisis to global warming to youth unemployment. Alas, the problems tend to remain unsolved, as they did again in 2012. But the food at the World Economic Forum is good, the scenery is fantastic, and the networking can’t be beat.

When the Billionaires Occupy Davos

Coming to Davos
Coming to Davos

Well-meaning One Percenters converge each year on an alpine ski resort—Davos, Switzerland—to solve problems ranging from the European debt crisis to global warming to youth unemployment. Alas, the problems tend to remain unsolved, as they did again in 2012. But the food at the World Economic Forum is good, the scenery is fantastic, and the networking can’t be beat.

Clearing the Way
Clearing the Way

Snow accumulation in Davos as of Jan. 24, the eve of the forum, was the second-highest for that date since recordkeeping began 66 years ago, according to the Institute for Snow & Avalanche Research.

One Problem Solved
One Problem Solved

A sweeper at Davos is committed to improving the state of the floor.

Reviewing Her Thoughts
Reviewing Her Thoughts

German Chancellor Angela Merkel waits to deliver her opening-day address.

Skeletal Comment
Skeletal Comment

A demonstrator attempts to make a point about debt.

“Never Again”
“Never Again”

British Prime Minister David Cameron checks his notes before a panel on “Rethinking Government Assistance.”

Philanthropic Example
Philanthropic Example

Microsoft Chairman Bill Gates announced at Davos that his family foundation will give $750 million to the Global Fund to Fight AIDS, Tuberculosis & Malaria.

Handy Refreshments
Handy Refreshments

Serving the more than 2,600 participants at the World Economic Forum generates lots of work for young Swiss.

Art That Aims High
Art That Aims High

It’s not all palaver. There’s art and music, too. The forum invites artists who use their work to improve the world.

Nearing the Top
Nearing the Top

A cog railway goes to the Schatzalp Hotel, high above the village, site of the traditional farewell buffet lunch.

Civic Toil
Civic Toil

Davos Mayor Hans Peter Michel digs out the bottom of an igloo at the Occupy WEF encampment.

Keeping in Touch
Keeping in Touch

Adair Turner, chairman of Britain’s Financial Services Agency, checks messages in a hallway at the forum’s main venue, the Congress Center.

Eyes Peeled
Eyes Peeled

Armed police officers look out for trouble from the roof of Hotel Davos on the first day of the forum.

Too Few Wheels
Too Few Wheels

Two biggest complaints at Davos: uncleared roads and sidewalks, and unavailable taxis.

Queuing Up
Queuing Up

Even the elite must stand and wait sometimes.

Feeding the Media
Feeding the Media

Sean Parker brought some tech glamour to Davos. The co-founder of Napster and first president of Facebook is seen during a television interview.

Making Her Point
Making Her Point

The emphatic hands belong to Christine Lagarde, managing director of the International Monetary Fund, one of the most sought-after figures at Davos.

Souvenirs Go Begging
Souvenirs Go Begging

Not many takers for tchotchkes in Davos considering what’s supplied for free—like cashmere scarves from Mongolia.

Night in the Mountains
Night in the Mountains

When the globe-trotters go home, Davos returns to its gorgeous alpine tranquility.