Klaus Schwab

Klaus Schwab (March 30, 1938 – present) is a German engineer, economist, and founder of the World Economic Forum (WEF), one of the most influential global organizations shaping international economic and political discourse. Born in Ravensburg, Germany, Schwab received degrees in engineering and economics, and earned a doctorate in economics from the University of Fribourg. In 1971, he founded the European Management Forum, which evolved into the World Economic Forum, establishing himself as a key architect of global governance structures. Through the WEF, Schwab convenes world leaders, business executives, intellectuals, and policymakers at the annual Davos conference, where major decisions affecting the global economy and society are discussed and negotiated. His concept of 'stakeholder capitalism' and later 'The Great Reset' have been central to contemporary debates on economic and social transformation. Schwab has authored numerous influential books on globalization, innovation, and the future of capitalism, shaping policy discussions worldwide. At over 85 years old, he remains an active and controversial figure—celebrated by supporters as a visionary architect of global cooperation and criticized by detractors who view him as representative of elite power consolidation. His legacy is inextricably linked to modern discussions of globalization, transatlantic relations, and global governance.