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 employees.
Schwab and his wife reportedly benefited from over $1 million in questionable travel expenses, while allegations also surfaced that he manipulated WEF research data to discredit Brexit. The scandal has raised serious concerns about the WEF's credibility and the legitimacy of its ESG (Environmental, Social, and Governance) framework. Schwab has denied all accusations, claiming the findings are false and criticizing the WEF board for breaching confidentiality.
The controversy has sparked a wider debate about elite influence, transparency, and governance at global institutions.
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