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Klaus Schwab (86) hands over the reigns of the World Economic Forum to the hands of his wife and children

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Klaus Schwab (86) hands over the reigns of the World Econ...

Name: Klaus Schwab (86) hands over the reigns of the World Econ...
Uploaded: 2024-05-22T05:59:06
Duration: 3 min 20 s
Description: With the organization he founded 50 years ago, with the help of Henry Kissinger, bringing in nearly $500 million in revenue in the year ending March 2023 (and sitting on a neat pile of 200 million Swiss francs cash), Klaus Schwab will own some things as he reportedly steps back from his role running the World Economic Forum has has headed since 1971.

Scott Balson

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World Economic Forum

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With the organization he founded 50 years ago, with the help of Henry Kissinger, bringing in nearly $500 million in revenue in the year ending March 2023 (and sitting on a neat pile of 200 million Swiss francs cash), Klaus Schwab will own some things as he reportedly steps back from his role running the World Economic Forum has has headed since 1971.