Klaus Schwab: The Founder of the World Economic Forum
Who is Klaus Schwab?
Born on March 30, 1938, in Ravensburg, Germany, Klaus Schwab is a renowned German mechanical engineer, economist, and the founder of the World Economic Forum (WEF). Despite sharing a similar surname, Schwab is not related to Charles Schwab of the Charles Schwab Corporation.
Early Life and Education
Schwab earned a doctorate in engineering from the Swiss Federal Institute of Technology in Zurich. He later pursued studies in economics and business administration at the University of Fribourg and Harvard Business School.
Founder of the World Economic Forum
In 1971, Schwab founded the WEF, a non-profit organization that brings together world leaders, industry executives, and experts to discuss global issues and promote international cooperation. The WEF's annual meeting in Davos, Switzerland, has become a renowned platform for shaping global agendas.
COVID-19 and the "Great Reset"
During the COVID-19 pandemic, Schwab has advocated for a "Great Reset" of the global economy and social foundations. He argues that the pandemic has created an opportunity to reassess and rebuild our systems, focusing on sustainability, inclusivity, and resilience.
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