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Post  chickengold92 on Fri Jan 07, 2011 7:27 am

The WEF is funded by its 1000 member companies, the typical company being a global enterprise with more than five billion dollars in turnover, although the latter can vary by industry and region. In addition, these enterprises rank among the top companies within their industry and/or country and play a leading role in shaping the future of their industry and/or region. As of 2005, each member company pays a basic annual membership fee of CHF 42,500 and a CHF 18,000 Annual Meeting fee which covers the participation of its CEO at the Annual Meeting in Davos. Industry Partners and Strategic Partners pay CHF 250,000 and CHF 500,000 respectively allowing them to play a greater role in the Forum’s initiatives.[11][12]
In addition, these enterprises rank among the top companies within their industry and/or country (generally based on turnover in millions of US dollars; for financial institutions the criteria is based on assets) and play a leading role in shaping the future of their industry and/or region, as judged by the Forum's selection committee.
Industry Partners come from a broad range of business sectors, including construction, aviation, technology, tourism, food and beverage, engineering, and financial services. These companies are alert to the global issues that most affect their specific industry sector.


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