World Economic Forum founder Klaus Schwab did not "admit" that the wildfires in California were manmade, contrary to social media posts saying the disaster was purposely created to raze Los Angeles and rebuild it as a so-called Smart City or 15-minute city.

Mystery surrounds property developer Edoardo Mapelli Mozzi's social media presence in Switzerland after he shared Instagram posts about a hotel project in the Alps, whilst his wife Princess Beatrice was notably absent from the World Economic Forum in Davos.

The annual gathering in the Swiss ski resort had a complicated geopolitical backdrop this year.

The event saw a host of world leaders, executives, and celebrities come together in the Alpine town to discuss some of the hottest global topics.