Putin Foe Raps WEF For Jacking Up His Entrance Fee

Bill Browder, a leading critic of Russian President Vladimir Putin, criticized the World Economic Forum (WEF) on social media for jacking up his entrance fee to the annual meeting in Davos that he has attended for the last 27 years, Jamey Keaten reported for the Associated Press (AP).

Photo Insert: In an email to the AP, Browder called the higher fee “an absurd request to make of a human rights activist."

Browder told AP that it was wasteful to pay a quarter of a million dollars for a ticket and he thought organizers of the elite gathering in the Swiss Alps didn’t want him around.

A former manager with the Hermitage Fund, a large Russian investment fund, Browder says he has set aside his commercial activities and devotes his time to getting justice for his former lawyer Sergei Magnitsky, who was tortured and killed in Russian police custody in 2009, and other victims of human rights abuses.

On Monday, Browder made a stink on Twitter about how he was bowing out from the Davos event this year after organizers “raised the price of attendance to $250k for me (3x what they charged before).”

He said he traveled to the Alpine town anyway to push his argument that an estimated $350 billion in Russian funds frozen abroad — mostly in Western countries — should be used to help Ukraine fight back against Russia.

Browder is the son of Early Browder, the late Communist Party of the USA chief.

After the post fetched at least 1.7 million views, he doubled down Wednesday on Twitter, ridiculing how Switzerland had granted the Forum a special status as an international organization in 2015 that confers benefits like those enjoyed by the World Health Organization (WHO).

In an email Wednesday to the AP, Browder called the higher fee “an absurd request to make of a human rights activist … I don’t go to Davos to generate deals or profit but to advocate for a tough stance on Russia.”

Browder appealed in writing to Forum founder Klaus Schwab, saying he had stopped managing money nearly a decade ago and has “no source of revenue.”

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