SerialBrain9 wrote on Feb 6
th, 2025 at 12:09pm:
Klaus Schwab?? Who he?
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.[8] Although having three Swiss grandparents and two Swiss brothers, he is a citizen of Germany and has declined multiple offers for naturalization, from both Kurt Furgler[9] and Ueli Maurer.[10]
Schwab attended first and second grades at the primary school in the Wädenswil district of Au, Zürich, in Switzerland. After World War II, his family moved back to Germany where Schwab attended the Spohn-Gymnasium in Ravensburg until his Abitur in 1957.[9][11] In 1961, he graduated as a mechanical engineer from the Swiss Federal Institute of Technology in Zurich,[12] with a doctorate in engineering, with a dissertation titled Der längerfristige Exportkredit als betriebswirtschaftliches Problem des Maschinenbaues (Longer-term export credit as a business problem in mechanical engineering).[13] He also earned a doctorate in economics from the University of Fribourg,[12][14] and a Master in Public Administration degree from the John F. Kennedy School of Government at Harvard University.[15] While attending Harvard, Schwab found a mentor in future National Security Advisor and Secretary of State Henry Kissinger.
Reading on....
While Schwab declared that excessively high management salaries were "no longer socially acceptable",[34] his own annual salary of about one million Swiss francs (a little more than US$1 million) has been repeatedly questioned by the media. The Swiss radio and television corporation SRF mentioned this salary level in the context of ongoing public contributions to the WEF and the fact that the Forum does not pay any federal taxes.[35] Moreover, the former Frankfurter Allgemeine Zeitung journalist Jürgen Dunsch made the criticism that the WEF's financial reports were not very transparent since neither income nor expenditures were broken down.[36] Schwab has also drawn ire for mixing the finances of the not-for-profit WEF and other for-profit business ventures. For example, the WEF awarded a multimillion-dollar contract to USWeb in 1998. Yet shortly after the deal went through, Schwab took a board seat at the same company, reaping valuable stock options.[37][38]
Schwab married Hilde Schwab, his former assistant, in 1971.[52] The wedding took place in Sertig Valley at a Reformed church.[53] The couple live in Cologny in Switzerland.[54] The Schwabs have two adult children, Nicole (born 1975/1976) and Olivier. Nicole Schwab, bless her, co-founded the Gender Equality Project.[55]