The dizzying fall of the King of Davos
Klaus Schwab accused of misusing funds and inappropriate behaviour after more than 50 years as head of World Economic Forum
By News on the Net -- The Telegraph—— Bio and Archives--July 28, 2025
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Klaus Schwab was the undisputed “King of Davos” for 55 years. But when his downfall came, it was swift.
The 87-year-old founder of the World Economic Forum (WEF), which holds the annual conference in the Swiss alpine ski resort, fought until the end.
But over two days in April, beset by allegations of misusing WEF funds, manipulating research and inappropriate behaviour with staff, he was forced out of his personal fiefdom. ---More...
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