The Wall Street Journal

World Economic Forum Opens New Probe Into Founder Klaus Schwab

Founder quit after board moved to investigate whistleblower allegations, which he denies, including use of luxury property and travel

Klaus Schwab
Klaus Schwab Photo: michael buholzer/Shutterstock

World Economic Forum founder Klaus Schwab is under investigation by the organization he created after a new whistleblower letter alleged financial and ethical misconduct by the longtime leader and his wife.

The anonymous letter was sent last week to the Forum’s board and raised concerns about the Forum’s governance and workplace culture, including allegations that the Schwab family mixed their personal affairs with the Forum’s resources without proper oversight, according to the letter and people familiar with the matter. 

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