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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World Economic Forum Founder Reportedly Busted For Luxury Spending, Creepy Behavior
The WEF reportedly found that Klaus Schwab made unauthorized purchases for expenses such as hotel massages and behaved inappropriately toward female colleagues.
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