Klaus Schwab’s net worth is estimated at around $5 million. He is popularly known as a German engineer and economist. He is also known as the World Economic Forum (WEF) founder. Klaus has acted as the WEF’s chairman since founding the organisation in 1971.
Klaus Schwab Biography
Schwab was born on March 30, 1938, to Eugen Wilhelm Schwab and Erika Epprecht in Ravensburg. He attended first and second grade at the primary school in the Wadenswil district of Au ZH, in Switzerland. He also graduated as a mechanical engineer from the Swiss Federal Institute of Technology in Zurich with a doctorate in engineering.
He was also awarded a doctorate in economics from the University of Fribourg, and a Master of Public Administration degree from the John F. Kennedy School of Government at Harvard University.
Klaus Schwab Career
Schwab and his wife Hilde created the Schwab Foundation for Social Entrepreneurship in 1998. He was also a professor of business policy at the University of Geneva from 1972 to 2003, and since then has been an honorary professor there.
Klaus founded the European Management Forum in 1975. It was later renamed as the World Economic Forum in 1987. In 2003, he appointed José María Figueres as CEO of the WEF. Schwab also founded the Global Shapers Community in 2011 within the WEF to work with young people in “shaping local, regional and global agendas.”
Schwab is also an author and has authored or co-authored several books. Some consider him to be “an evangelist” for “stakeholder capitalism”. The Fourth Industrial Revolution, the subject of a 2016 book he wrote, is an idea he is credited with popularising
Who Is Klaus Schwab Wife?
Klaus is married to Hilde Schwab. They have been married since 1971. The wedding took place in Sertig Valley at a Reformed church. The couple have two adult children, Nicole (born 1975/76) and Olivier. Nicole Schwab co-founded the Gender Equality Project.
What Is Klaus Schwab Net Worth?
Schwab’s net worth is estimated at around $5 million. His salary has been questioned by the media several times is about $1 million dollars.
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