International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
The World Economic Forum
The annual get together of business and political heavyweights never fails to produce headlines. But how does it run as a business?
May 20, 2008 2:28 by kippreport
The forum, which claims to be a not-for profit organization, saw a growth of almost 50 percent in its total income from 2002/2003 to 2006/2007. The surplus added to the foundation capital went up from around $195 to around $2.6m in the same period. Roughly 30 percent of the income comes from members and participation fees, the rest comes from partnerships. Membership fee is around $40,000.
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