First thing about Davos 2011, I would like to handover my gratitude from numerous world-caliber economic analysts for their heady articles written in several media, to Andrew Ross Sorkin, New York Times’s dealbook columnist who wrote worth to read “A Hefty Price for Entry to Davos” on January 24th, 2011. Mr. Sorkin comprehensively clarify in his article about how much is the price for becoming Davos attendee, and the answer… is not-surprisingly enormous.
According to Mr. Sorkin’s article, there are several levels of Davos’s membership, first, is the "Basic level" where you have to pay 50,000 Swiss Franc ($52,000) and the invitation for the event will follow. The ticket itself costs 18,000 Swiss Franc ($19,000) plus tax, so it’s gonna costs $71,000 for both the membership and the entrance fee (remember, it is for one person only). The second level is “Industry Associate Level”, which will enable the member to stick together with billionaires in private sessions, and it costs $137,000, so the membership plus the ticket fee is gonna be $156,000. To upgrade your membership from “Industry Associate Level” into “Industry Partner Level” in which you might be able to bring along your business colleagues, you have to pay $263,000 plus the two tickets fee ($301,000 in total). Now how about big boss needs to be accompanied by his/her team which consist of (let say) 5 people? Let’s go to “Strategic Partner Level” with the price tag $527,000 and plus not to forget one person entrance fee (still) costs $19.000/person. Honestly, I’m pretty bad with math, so please stop these whole calculations…. here.