An internal investigation at the World Economic Forum (WEF) has found its founder, Klaus Schwab, engaged in unauthorized spending, workplace misconduct, and inappropriate behavior toward female staff.
The probe also alleges Schwab manipulated WEF research data to serve political interests, including making Brexit appear less successful. Schwab and his wife reportedly benefited from over $1 million in questionable travel expenses. The scandal has sparked a crisis of credibility for the WEF, raising concerns about its governance and the legitimacy of its global influence.
Schwab has denied all allegations, but the dispute has intensified, with the WEF board and Schwab publicly clashing over the findings.
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