Klaus Schwab, the founder and ex-chairman of the World Economic Forum, resigned earlier this week without giving a reason
The World Economic Forum (WEF) has launched an internal investigation into whistleblower allegations of misconduct involving its founder and former chairman, Klaus Schwab, the Wall Street Journal reported on Tuesday, citing a statement from the organization.
The report came one day after Schwab stepped down as chair of the WEFβs board of trustees without publicly explaining his decision. His resignation ended more than 50 years at the helm of the WEF, which he founded in 1971 and built into the influential host of the annual Davos summit of world leaders and chief executives.
According to the WSJ, the WEF board received an anonymous letter last week, reportedly from current and former employees, accusing Schwab and his wife, Hilde β also a former WEF employee β of financial and ethical misconduct. The letter claimed Schwab used the organizationβs funds for personal expenses and instructed junior staff to withdraw cash for private use, including massages during official trips. It also alleged that Hilde Schwab used WEF money for luxury hotel stays during personal trips.
#BREAKING DAVOS DIRT EXPOSED! π°β‘
— GeniusRogueX π΄ββ οΈ (@GeniusRogueX) April 22, 2025
WSJ drops bombshell: World Economic Forum probes founder Klaus Schwab over whistleblower letter alleging financial and ethical misconduct.
Experts sneer: βGlobalist guruβs haloβs slipping.β For elite trust: If Schwabβs dirty, Davosβ shineβ¦ pic.twitter.com/Hy5hLbUYgz
