Most expensive winter hotels in the world

I have always been thinking that the most expensive hotels would be in St.Moritz. This is of course since I love St.Moritz and always was amazed by the prices that were charged there. Now the new list is out, and I was wrong. It even seems that the Badrutts Palace, which I thought was the most expensive, is only the number 20 in the list. Other St.Moritz hotels are even more expensive, like the Carlton and the Suvretta House.