DAVOS, Switzerland — One could get the feeling that President Trump might not be set for a rousing welcome when he arrives in this Swiss Alps resort this week to address the annual gathering of the World Economic Forum.

The forum, a pilgrimage for the wealthy and powerful, is an unabashed champion of globalization. It advocates ceaselessly for the notion that every problem — from climate change to joblessness to terrorism to cybersecurity — requires international cooperation and multilateral solutions.

Mr. Trump’s derisive rejection of such ideas as the woolly-headed notions of the global elite is central to his identity. He used his inaugural address a year ago to declare the dawning of a new “America First” era. He has since pulled the United States out of a sprawling Pacific trade deal, while renouncing American participation in the Paris climate accord. He has spurned the modern sensitivities to race and gender.

While many here are poised to recoil at Mr. Trump’s arrival — diplomats, heads of state and members of human rights organizations — much of the moneyed elite who pay the bills for many Davos festivities are willing to overlook what they portray as the American president’s rhetorical foibles in favor of focusing on the additional wealth he has delivered to their coffers.