Despite Millions of Payments, WEF Founder Schwab Does Not Give Rest

Neue Zürcher Zeitung

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Factuality

Ownership

Klaus Schwab promised against a high severance pay that he would stop interfering with the WEF. And he did not stick to it. Now the Federation is denying him his rights as founder of the foundation.

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Factuality

Ownership

Klaus Schwab had to stay out of the WEF business. After leaving, he and his wife received almost six million francs – and had to promise not to interfere any more. But now, in the ongoing power struggle, Schwab threatened with lawsuits.