Nothing to see here
The dizzying fall of the King of Davos
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…
The WEF’s founding bylaws state “the Founder himself designates his successor”, and stipulates he or “at least one member of his immediate family” is on the board of trustees.
Mr Schwab’s plan was to move to a role as non-executive chairman and retire in stages, picking his successor.
But then whistleblowers sent a letter in an email to WEF trustees, including luminaries such Al Gore, the former US vice-president, and cellist Yo Yo Maa.
It accused Mr Schwab and his wife, Hilde, of misusing WEF funds. It said Mr Schwab had used company funds to pay for private massages, and he had redirected WEF resources and staff in a vainglorious bid to get nominated for the Nobel Peace Prize.
The title of his book “The Great Reset” – about how the pandemic could remake global economies – has become shorthand for online extremists convinced that plots to create a world government are hatched at Davos.
Al Gore, Ursula von der Leyen, Emmanuel Macron, John Kerry, Joe Biden, Rachel Reeves, Angela Merkel…
Source: https://akhaart.blogspot.com/2025/07/nothing-to-see-here.html
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