Klaus martin schwab biography for kids
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Klaus martin schwab biography for kids
Klaus Schwab
Founder and chairman of the World Economic Forum (born 1938)
Klaus Martin Schwab (German:[klaʊsˈmaʁtiːnʃvaːp]; born 30 March 1938) is a German mechanical engineer, economist, and founder of the World Economic Forum (WEF).
He has acted as the WEF's chairman since founding the organisation in 1971. In May 2024, WEF announced that Schwab will move from his role as Executive Chairman to chairman of the Board of Trustees by January 2025. No successor has been named yet.[1][2]
Early life and education
Klaus Martin Schwab was born on 30 March 1938, to Eugen Wilhelm Schwab and Erika Epprecht[3][4] in Ravensburg.
His parents had moved from Switzerland to Germany during the Third Reich in order for his father to assume the role of director at Escher Wyss AG, an industrial company and contractor for the Nazi regime.[5][6] Although his father was baptized Lutheran,[7] Schwab was raised Catholic.