Klaus Schwab, at the age of 86, has been leading the organization for over 50 years, making his name synonymous with the World Economic Forum (WEF). The event started as the European Management Forum and has grown significantly over the years. Initially, only a few attendees made their way to Davos, but now thousands travel to the Swiss mountain town for the annual meeting.
Over the years, the WEF has become a family affair with Schwab’s children holding key positions and his wife, Hilde, leading the foundation and awards ceremonies in Davos. In recent years, the WEF has shifted its focus towards the center, moving away from liberal politics. This change has been noted by news sources like Semafor. Despite these shifts, the WEF continues to be a key player in addressing global issues and bringing together influential figures from around the world for important discussions and collaborations.
In 2024, over 50 heads of state were expected to attend the highly anticipated event in Davos. The World Economic Forum is a highly anticipated event that draws in top world leaders and CEOs each year. The organization has become a family affair with Klaus Schwab’s children holding key positions and his wife Hilde leading the foundation and awards ceremonies in Davos. With its focus on addressing global issues and bringing together influential figures from around
