Klaus Schwab, the founder and chairman of the World Economic Forum, resigned on Easter Sunday amid a whistleblower report about alleged misuse of Forum funds, and the globalist organization’s board voted to launch an independent probe into allegations against him.
“Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect,” Schwab said in a statement Sunday.
Schwab, 87, had previously announced that he would step down as the Forum’s chairman, and the Forum would launch a succession process to be completed by January 2027. The whistleblower report sped up that timeline.
A Schwab family spokesperson denied the allegations in the whistleblower report, which claimed Schwab asked subordinates to withdraw thousands of dollars from ATMs on his…
