Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. With Inequality Rising, Does the World Really Need Billionaires? Henry Ridgwell LONDON - As world leaders rub shoulders with billionaire executives at the World Economic Forum in Davos, Switzerland, tens of thousands of people have taken to the streets of cities around the world demanding action against growing inequality. The WEF, in the ski resort of Davos-Klosters, has been an annual event for the world's richest elite since its foundation in 1971. It has also become an anathema for those who claim global inequality is out of control. In cities around the world including Nairobi, Delhi, Manila and London, thousands of people joined street protests in the run up to the forum. .