Tag: wef

WEF Said Eat Bugs… While Klaus Schwab Billed The Forum For Massages And Moët: Leaked Investigation

Klaus Schwab, the founder of the World Economic Forum and its public face for more than half a century, is at the center of a widening internal investigation into alleged workplace misconduct, inappropriate spending, and personal interventions in the Forum’s research and operations, according to documents reviewed by The Wall Street Journal and individuals familiar with the probe.

The Forum’s board of trustees commissioned the investigation in April following a whistleblower complaint. Preliminary findings accuse Schwab of a pattern of inappropriate behavior, including suggestive and potentially inappropriate remarks to female staff, questionable travel expenses exceeding $1.1 million for himself and his wife Hilde Schwab, and alleged manipulation of the Forum’s influential Global Competitiveness Report.

In one instance cited by investigators, Schwab wrote to a senior female executive in a late-night email in June 2020, “Do you feel that I am thinking of you.”

Investigators told trustees that Schwab treated the Forum like his “fiefdom,” fostering a culture of intimidation and fear while allowing harassment and discrimination to go unchecked. They also flagged 14 hotel massages billed to the Forum – either through Schwab’s corporate card or junior employees’ cards – noting he later reimbursed roughly half. Schwab said he had instructed assistants to bill him for such expenses.

Schwab, now 87, stepped down from the Forum over Easter weekend and no longer holds any official role. In a written statement, he defended his and his wife’s decades-long involvement: “Throughout this journey, Hilde and I never used the Forum for personal enrichment.”

Through a spokesman, Schwab also rejected the report’s broader conclusions, citing his fixed annual salary of 1 million Swiss francs (approximately $1.3 million), a 100,000 franc allowance for entertaining guests, and a commitment to reimbursing any personal costs mistakenly covered by the Forum.

He added that any travel expenses covered for his wife were based on a “good-faith understanding” between the Forum and the Schwab Foundation, which she chaired without a salary since 1973. Schwab also said he donated most gifts to charity and displayed others, such as Russian tea sets, at Forum headquarters. “He didn’t specifically recall other gifts described by investigators,” the spokesman added.

The internal inquiry, led by Swiss law firm Homburger, has involved interviews with over 50 current and former employees. The firm is expected to deliver a final report to the full board by the end of August, which will be shared with Swiss nonprofit regulators and may be referred to prosecutors.

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Klaus Schwab Blasts WEF Board, Denies Report He Fudged Data, Racked Up $1.1M In Expenses

The founder of the World Economic Forum is firing back after a bombshell investigation  accused him of cooking economic reports and billing over a million dollars in questionable expenses.

Klaus Schwab, the 87-year-old architect of Davos and the WEF’s global elite gatherings, slammed the organization’s board of trustees on Sunday, accusing them of breaking a confidentiality deal by letting media outlets get wind of the allegations.

“I am in a position to refute all the accusations brought up against me,” Schwab said in a statement after Swiss newspaper SonntagsZeitung detailed preliminary findings from a law firm’s probe.

The investigation, conducted by Swiss law firm Homburger and ordered by the WEF’s own board, reportedly found that Schwab interfered with the forum’s flagship economic rankings to favor political allies and avoid controversy – and submitted 900,000 Swiss francs (about $1.1 million) in expenses that investigators say lacked proper justification.

Three months ago we reported that Schwab was under investigation by the WEF after a whistleblower alleged financial and ethical misconduct by Mr. “eat the bugs” and his wife.

In an anonymous letter from sent to the board of directors by ‘current and former Forum employees,’ Schwab and his wife are accused of commingling their personal affairs with WEF resources without proper oversight, and much more…

Among the most serious allegations:

  • Schwab asked junior employees to withdraw thousands of dollars from ATMs on his behalf and used Forum funds to pay for private, in-room massages at hotels.
  • His wife Hilde, a former Forum employee, scheduled “token” Forum-funded meetings in order to justify luxury holiday travel at the organization’s expense.
  • The letter also raises concerns about how Klaus Schwab treated female employees and how his leadership over decades allegedly allowed instances of sexual harassment and other discriminatory behavior to go unchecked in the workplace

Other allegations include the Schwab family’s use of Villa Mundi – a luxury property bought before the pandemic by the Forum located next to the organization’s Geneva headquarters, which the whistleblower letter maintains that Hilde Schwab maintains tight control over, and which the forum paid $30 million to purchase and another $20 million to renovate – also overseen by Hilde.

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The Brain Is the Battlefield of the Future. The WEF’s Stated Objective Is “Altering the Human Being”

DARPA Neurologist and Chief of the Neuroethics Studies Program at Georgetown University, Washington DC, Dr. James Giordano, who is also a weapons expert, started his presentation at West Point NY Military Academy by saying, “The brain is and will be the 21st Century battlefield. End of story.” 

DARPA stands for Defense Advanced Research Projects Agency, a Pentagon thinktank.

Dr. Giordano talks about how Directed Energy can be and is being weaponized. Individuals’ brains can be targeted by microwaves, the type of 5G and soon to come 6G, of which you see antennas growing like mushrooms all over the word.

They tell you, it is to make your internet, and ever more sophisticated computers and smart phones faster, with more outreach capacity – and to help advance digitization.

This may all be true to some extent, but the real reason behind these microwave towers is to target YOU, the individual.

Why? From other sources we know that the Fourth Industrial Revolution is in full implementation.

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WEF and UAE Launch AI Regulation Platform

The World Economic Forum (WEF), long known for promoting centralized influence over global governance, is now stepping into the heart of emerging technology regulation.

In partnership with the United Arab Emirates, the WEF has launched the Global Regulatory Innovation Platform (GRIP), a two-year initiative aimed at shaping how artificial intelligence, quantum computing, and other advanced technologies will be governed worldwide.

While framed as an effort to help governments keep pace with fast-moving innovation, GRIP positions the WEF to exert significant pressure over national regulatory demands. The project’s stated deliverables include a Global Regulatory Playbook, a Regulatory Future Readiness Index, and a Global Regulatory Innovation Hub, all of which are designed to influence how states craft their policies around new technologies.

“Innovation moves fast. Regulation must too,” said Børge Brende, President of the World Economic Forum. “GRIP enables governments to co-create policy frameworks that are agile, anticipatory, and ready for the technologies shaping our future.”

But behind the rhetoric of agility and inclusivity lies a deeper concern: the WEF’s expanding role in pushing specific regulatory frameworks that mirror its long-standing agenda of tightening control over digital speech.

This is not a neutral facilitator stepping in to help governments. It is a well-connected body with a record of advocating for top-down approaches to information governance, particularly in the world of online content.

In recent years, the WEF has frequently called for greater regulation of the internet, framing free expression concerns as secondary to the need to combat misinformation and “harmful content.”

These calls have often aligned with proposals to give tech companies and governments more authority to define and suppress disfavored narratives. GRIP now offers the WEF another vehicle to embed those priorities into the very structures governing AI development and deployment.

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Klaus Schwab’s Departure Could Herald New (Spontaneous) Global Order

Klaus Schwab’s retirement and subsequent fall from grace symbolize the tectonic shifts occurring in the current global order. Schwab’s life’s work was to build a globalist world order governed by international elites and the United Nations. He founded and ran the World Economic Forum (WEF) for decades to promote this vision of global governance for the good of the people of the world.

Schwab and his compatriots had grand ambitions to reshape the global order with a “Great Reset.” WEF’s annual conference in Davos was arguably the most prestigious gathering of global elites in the 2010s. Policy decisions, global priorities, international cooperation, and many initiatives flowed out of this gathering. The Davos gathering pushed Environmental, Social, and Governance (ESG) criteria around the world as part of Schwab’s vision to promote “stakeholder capitalism.” 

During the pandemic, the world saw the controlling totalitarian impulse behind Schwab’s globalist agenda for what it was. The public backlash post-COVID was severe. In 2022, the Davos conference started losing steam. In 2023 and 2024, cracks began to show. And by 2025, the Davos conference had largely become a joke. People around the world rejected their top-down global elitism. 

Schwab saw his dream of global stakeholder capitalism almost realized. Then he watched it collapse. 

But with Schwab out of the picture, and the global order he championed in ruins, what’s next? Trump’s success, which is emblematic of many right-wing populist movements around the world, was driven in part by renewed concerns for security and innovation.

The global elites were largely asleep at the wheel, or worse, complicit, in the stagnation of Europe and the aggressive expansion by China. In fact, the ESG movement, and the western environmental movement more broadly, tangled western countries in costly red tape while largely giving China a pass. “Nation-first” policy prioritizes domestic economic development and rapid innovation. Both improve a country’s strategic position internationally while also improving citizens’ standards of living.

Many populist nationalists don’t want any international “order” at all. But can nation-first really work without reference to the rest of the world? Populists sometimes demean the “rules-based international order” of the 1990s as a front for Davos-style elites to manipulate everyone else. This characterization, though largely unfair, has led to calls for “decoupling” from other countries in favor of nation-first agendas.

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WEF Launches Connected Future Initiative to Promote Global Digital Public Infrastructure with Backing from UN, EU, and Bill Gates

The World Economic Forum (WEF) has announced the launch of the Connected Future Initiative, the latest among its efforts to promote what is known as Digital Public Infrastructure (DPI).

The global scheme, aiming to introduce digital IDs, digital payments, and data exchange platforms by 2030, counts the UN, the EU, and Bill Gates among its major supporters.

The WEF presents its new initiative as a way to establish the parameters for public-private cooperation, and “unlock the full potential of globally scaled, interoperable and future-ready digital public infrastructure.”

Those behind the initiative suggest their goal is to essentially strengthen DPI by incorporating technologies like extended reality (XR) and quantum computing, in addition to AI and biometrics, while pushing for global standards and DPI interoperability.

WEF also promises that the new initiative is supposed to secure “ethical and responsible” innovation, and lumps in issues like governance, data privacy concerns (as the second on the list), and equitable access while deploying “next-gen DPI.”

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Europe’s Anti-American Shift: Now Globalists Are The Saviors Of The West?

Nationalism is villainous and globalists are the heroes? It’s a propaganda message that has been building since the end of World War II and the creation of globalist institutions like the UN, the IMF, World Banks, etc. By the 1970s there was a concerted and dangerous agenda to acclimate the western world to interdependency; not just dependency on imports and exports, but dependency of currency trading, treasury purchases and interbank wealth transfer systems like SWIFT.

This was the era when corporations began outsourcing western manufacturing to third world countries. This is when the dollar was fully decoupled from gold. When the IMF introduced the SDR basket system. When the decade long stagflationary crisis began.

This was when the World Economic Forum was founded. The Club of Rome and their climate change agenda. When numerous globalists started talking within elitist publications and white papers talking about a one world economy and a one world government (under their control, of course). By the 1990s everything was essentially out in the open and the plan was clear:

Their intention was to destroy national sovereignty and bring in an age of total global centralization. One of the most revealing quotes on the plan comes from Clinton Administration Deputy Secretary of State Strobe Talbot, who stated in Time magazine in 1992 that:

“In the next century, nations as we know it will be obsolete; all states will recognize a single, global authority… National sovereignty wasn’t such a great idea after all.”

He adds in the same article:

“…The free world formed multilateral financial institutions that depend on member states’ willingness to give up a degree of sovereignty. The International Monetary Fund can virtually dictate fiscal policies, even including how much tax a government should levy on its citizens. The General Agreement on Tariffs and Trade regulates how much duty a nation can charge on imports. These organizations can be seen as the protoministries of trade, finance and development for a united world.”

The globalists use international trade controls as a way to ensnare competing economies, forcing them to become homogeneous. They take away the self reliance of nations and pressure them to conform to global trade standards. It’s important to understand that they view centralized dominance of trade as a primary tool for eventually obtaining their new world order.

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‘Financial and Ethical Misconduct’ Allegations Against Davos Founder Klaus Schwab Made Public

Manipulating research, using company funds to pay for private, in-room massages, asking junior staff to withdraw thousands of dollars for personal use, demanding senior management deliver a Nobel Peace Prize nomination.

These are just some of the lurid allegations that pushed the World Economic Forum (WEF) to launch an investigation into its now departed founder, Klaus Schwab, after anonymous whistleblowers aired their concerns about the German octogenarian.

The assertions – reportedly sent last week in a letter to the WEF, which organises the annual elite gathering of globalist devotees at Davos in Switzerland – accuse Schwab and his wife, Hilde, of financial and ethical misconduct.

The family has vehemently denied each and every accusation even as he resigned as the WEF chairman, as Breitbart News reported

The Guardian set out the course of events around the controversy:

The accusations prompted Schwab’s resignation as the WEF executive chair on Monday after its board of high-profile trustees – which includes the BlackRock chief, Larry Fink; the IMF managing director, Kristalina Georgieva; the former US vice-president Al Gore and cellist Yo-Yo Ma – held an emergency meeting to look into the claims on Sunday.

Schwab, 87, is said to have argued against the board’s plan for an investigation, before he resigned. The founder had indicated he intended to step down in early April, but the whistleblower letter brought forward his exit.

[…]

The whistleblower letter included a range of claims against the Schwab family, according to the Wall Street Journal and Financial Times. They include an allegation that Schwab used WEF funds to pay for private, in-room massages at hotels, asked staff to promote him for a Nobel peace prize, and instructed junior employees to withdraw thousands of dollars from ATMs on his behalf.

The Guardian report noted allegations that academic research was also tampered with, as “The letter also accused Schwab of manipulating the WEF global competitiveness report in order to curry favour with certain governments.

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World Economic Forum Confirms Probe Into Claims Against Klaus Schwab

The World Economic Forum said on April 22 that it launched an investigation after allegations of misconduct by its former chairman, Klaus Schwab, were sent to its board.

Schwab resigned from his position as chair of the Geneva-based WEF’s board of trustees on April 21, a WEF spokesperson said in an emailed statement to The Epoch Times.

The probe is in response to a Wall Street Journal report that an anonymous letter sent in mid-April to the World Economic Forum’s board raised concerns about the organization’s governance and workplace culture.

“The Board of Trustees of the World Economic Forum unanimously supported the Audit and Risk Committee’s decision to initiate an independent investigation following a whistleblower letter containing allegations against former Chairman Klaus Schwab,” the WEF spokesperson said.

The decision was made after consultation with external legal counsel and in line with the forum’s fiduciary responsibilities, according to the statement.

The investigation will be led by the Audit and Risk Committee with the support of independent legal experts, and the Committee will move “expediently to determine its processes and parameters and will share its progress with the Board,” the statement said.

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Klaus Schwab Vacates WEF Chair

Then, just like that, he was gone. The globalist World Economic Forum (WEF) founder Klaus Schwab on Monday vacated his position as chair of its board of trustees, the elite Geneva-based institution confirmed.

AFP reports Schwab informed the WEF’s board “as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect.”

His departure means he will no longer be on hand to personally meet the wealthy, the privileged and the famous who flocked every year to the WEF gathering in the luxury Swiss ski village of Davos to congratulate each other on their claimed achievements.

The WEF said Vice Chairman Peter Brabeck-Letmathe was appointed board chairman in the interim and that a search committee for replacement had been appointed, according to AFP.

WEF’s board hailed what it called Schwab’s “outstanding achievements” in his 55 years as the leader of the organisation.

“At a time when the world is undergoing rapid transformation, the need for inclusive dialogue to navigate complexity and shape the future has never been more critical,” it said in a statement.

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