WEF internal probe finds proof Klaus Schwab committed MISMANAGEMENT and MISCONDUCT
- An internal investigation by the World Economic Forum (WEF) has found proof that its founder Klaus Schwab had committed mismanagement and misconduct. He had resigned in April 2025 amid whistleblower complaints.
- The investigation uncovered $1.1 million in questionable spending, including first-class flights for his wife (who held no formal role), unauthorized luxury gifts (Tiffany cufflinks, fur coats), and personal hotel massages billed to the WEF.
- Schwab faced allegations of sexual harassment, including inappropriate late-night emails to female staff. Employees described a toxic culture where women were sidelined for being pregnant or over 40.
- Schwab allegedly interfered with WEF reports, pressuring analysts to suppress India's poor rankings (to avoid offending Modi) and downplay the U.K.'s post-Brexit rise. The Global Competitiveness Report was discontinued after leaks to an Arab official.
- The scandal has damaged the WEF’s credibility, with Swiss authorities reviewing potential legal action. Trustees now clash with Schwab, who filed a criminal complaint against accusers, exposing hypocrisy in an organization that champions transparency.
World Economic Forum (WEF) founder Klaus Schwab, a once-revered architect of global economic dialogue, now faces a reckoning
after an internal probe found that he committed both mismanagement and misconduct.
The WEF's internal investigation on the 87-year old Schwab was led by Swiss law firm Homburger and prompted by whistleblower complaints in April. He resigned from the globalist organization that same month, following his acceptance of a non-executive role in 2024.
The probe
exposed rampant financial mismanagement, workplace misconduct and allegations of sexual harassment during his decades-long leadership of the influential organization. In particular, investigators uncovered over $1.1 million in questionable expenditures.
These expenditures include first-class flights for Schwab's wife Hilde, despite her having no formal role in WEF business trips. Unauthorized luxury gifts such as Tiffany cufflinks, Russian tea sets and fur coats were also uncovered. Investigators also identified 14 hotel massages billed to the WEF, half of which Schwab later reimbursed preliminarily.
His conduct extended to unsettling emails, including a 2020 late-night message to a female executive: “Do you feel that I am thinking of you?" Schwab defended as paternal in intent when pressed.
The findings paint the WEF as operating like Schwab's personal fiefdom, with little oversight from trustees. Employees described a culture of intimidation, where female staffers were sidelined if pregnant or over 40. (Related:
TOXIC workplace: WSJ accuses Klaus Schwab, WEF of sexual harassment and discrimination against blacks.)
Questionable governance: WEF rocked by scandal
The internal probe also revealed how Schwab
allegedly intervened in research to manipulate the WEF's high-profile Global Competitiveness Report (GCR). One whistleblower revealed he pressured analysts to downplay the United Kingdom's post-Brexit rise in ranking.
They also revealed being pressured by Schwab to suppress India's poor ranking in the 2017 GCR, fearing Indian Prime Minister Narendra Modi might boycott Davos. The GCR was later discontinued after Schwab shared confidential drafts with an Arab official who objected to their nation's ranking.
Historically, the WEF – founded in 1971 – championed governance and inclusivity, making these revelations particularly damaging. The organization famed for its elite summits now grapples with a schism between trustees and its ousted leader, who filed a criminal complaint against accusers in Geneva.
Authorities in the WEF's home country of Switzerland are reviewing the allegations, with potential referrals to prosecutors. As the WEF seeks to salvage its reputation, the scandal underscores a broader crisis of accountability among institutions that preach transparency – while operating in the shadows.
"Even if I am no longer part of it, I deeply hope the [WEF] will remain a trusted bridge-builder in a divided world," Schwab said in a statement. For an organization built on shaping global norms, the irony is stark. Its own founder stands accused of violating them.
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Watch JD Rucker discussing
Klaus Schwab's abrupt departure from the WEF amid the issues surrounding the organization's founder.
This video is from the
JD Rucker channel on Brighteon.com.
More related stories:
WEF Founder Klaus Schwab under fire as whistleblower reveals systemic misconduct, sexual harassment claims.
WEF’s Klaus Schwab and his wife Hilde under investigation for ethical and financial MISCONDUCT.
Klaus Schwab STEPS DOWN as World Economic Forum executive chairman.
Sources include:
YourNews.com
WSJ.com
TagesAnzeiger.ch
Brighteon.com