The World Economic Forum (WEF) is facing a major crisis after an internal investigation found its founder, Klaus Schwab, engaged in unauthorized spending, inappropriate workplace behavior, and manipulation of research data.
Schwab is accused of tampering with global competitiveness rankings to portray Brexit negatively, allegedly instructing staff to ensure the UK did not appear to improve post-Brexit. The probe also uncovered a pattern of bullying and inappropriate communications with female staff. Schwab has denied all allegations, claiming the board breached confidentiality agreements and that the accusations are unfounded.
The scandal has fueled criticism of elite organizations and raised questions about the integrity of influential global institutions.
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