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Davos founder Klaus Schwab launches criminal complaint against accusers

  • Klaus Schwab, founder of the World Economic Forum, filed a criminal complaint on May 29, 2025, in Geneva against anonymous whistle-blowers who alleged misconduct by him.
  • The complaint followed an April WEF investigation triggered by a whistle-blower letter accusing Schwab of mixing personal affairs with forum resources and raising governance concerns.
  • Schwab resigned as chairman a day after the investigation began, denied all allegations, and vowed to fight the claims described as "stupid and constructed."
  • His legal team submitted a defamation and coercion complaint to the Geneva public prosecutor, and Schwab warned that if an organized effort to damage his reputation is uncovered, it could create serious difficulties for the board.
  • The WEF confirmed it will await the investigation outcome before commenting further, while Schwab’s filing signals a legal pushback against the whistle-blowers’ accusations.
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The forced resignation of WEF founder Klaus Schwab and the accusations against his wife Hilde Schwab have consequences: Davos loses glamour.

Anonymous assailants shoot Klaus Schwab and blackmail the organization. But the two strongmen on the foundation board stand up to the founder. Anatomy of a tragedy.

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Financial Times broke the news in London, United Kingdom on Thursday, May 29, 2025.
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