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. The probe also alleges that Schwab manipulated WEF research data, including rankings, to serve political interests such as discrediting Brexit. Schwab and his wife reportedly benefited from over $1 million in questionable travel expenses. The scandal has raised serious concerns about the WEF's credibility, its leadership, and the integrity of its global influence. Schwab has denied all allegations, but the controversy has sparked a crisis of trust for the organization.
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