Wealthy business leaders are facing a scheduling dilemma as Donald Trump’s inauguration coincides with the first day of the World Economic Forum’s annual gathering in Davos, Switzerland. The event, which brings together world leaders and business titans, is being held on January 20, the same day as Trump’s swearing-in at noon ET. While some major US companies have donated $1 million to Trump’s inauguration fund, others are choosing to attend both events.
Those who receive VIP tickets for the inauguration may miss out on networking opportunities with global leaders and business elites at Davos. However, many high-profile attendees, including Tesla CEO Elon Musk and Facebook co-founder Mark Zuckerberg, have already expressed their intention to attend Trump’s inauguration.
Others, such as Google, Amazon, and Uber, are likely to choose between attending the inauguration or participating in Davos events. Despite the scheduling conflict, both events offer exclusive benefits for major donors. The World Economic Forum’s annual gathering concludes on January 24.
The overlap has raised questions about the influence of Trump’s presidency on business leaders’ decisions, as some firms have donated large sums to his inauguration fund in an effort to curry favor with the new president.
Source: https://www.businessinsider.com/billionaires-ceos-decide-attend-trump-inauguration-davos-first-day-2025-1