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World Economic Forum Probe of Klaus Schwab Finds Unauthorized Spending, Inappropriate Behavior

GENEVA, SWITZERLAND, JUL 23 – An internal probe found Klaus Schwab misused over $1.1 million in World Economic Forum funds and pressured staff to alter economic reports, while fostering a culture of intimidation and favoritism.

  • On July 23, 2025, Homburger found misuse of WEF funds and inappropriate conduct toward female staff.
  • Prompted by whistleblower complaints, the WEF board commissioned the probe in April, following a prior Holder-led inquiry.
  • Amid the probe, Homburger revealed report manipulation, The Wall Street Journal reported, and Schwab’s investigation found political interference in the Global Competitiveness Report.
  • Klaus Schwab said `I am in a position to refute all the accusations brought up against me`, while threatening counter-investigations into trustees and whistleblowers.
  • As the 2026 Davos invitation window opens, Homburger is expected to deliver its report to WEF trustees and regulators, coinciding with invitation deadlines.
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The managing director of the "Soziale Förderstätten" in Bebra (Hersfeld-Rotenburg) is in criticism. He is said to have used a greater amount of money for private purposes (we reported). Now an independent audit firm has been commissioned, as HNA reports. [image-1-v]In these investigations, the allegations against the management and another employee are to be examined and analysed. These are allegations of embezzlement, personal enrichment and vi…

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the deep dive broke the news in on Wednesday, July 23, 2025.
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