An internal investigation at the World Economic Forum (WEF) has found that its founder, Klaus Schwab, engaged in unauthorized spending, workplace misconduct, and inappropriate behavior toward female staff.
Schwab and his wife reportedly billed over $1 million in questionable travel expenses and allegedly manipulated WEF research data to undermine Brexit. The probe also uncovered bullying and a pattern of suggestive remarks to female executives. Schwab has denied all allegations, claiming the accusations are false and criticizing the WEF board for leaking details.
The scandal has raised serious concerns about WEF's credibility, governance, and the integrity of its global influence.
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