World Economic Forum founder Klaus Schwab is under an internal investigation by the organization he created. There is no question that it has been alleged that the WEF got money from USAID. Exactly how much is hard to say for sure. It has been alleged to be in the tens of millions. Yet here we suddenly have an anonymous whistleblower sending a letter alleging financial and ethical misconduct by the longtime leader and his wife. The strange thing here is that it is either anonymous, or they are hiding the names of current and former Forum employees. Schwab’s management style was always authoritative, based on allegations, and he did not tolerate mistakes. That raises the possibility of disgruntled “former” employees.
This sudden internal investigation, when DOGE is uncovering abuses in funding things at the USAID, is the hallmark of an internal coup. If these people were with Schwab for years, why would they suddenly take a purely anonymous letter as having any credibility? They should know him personally and his character. My sources, which are very reliable, suggest from third parties inside the WEF that the allegations are false.
Something like this would never be acceptable in any court of law, especially if it’s anonymous. It would be the worst or the worst hearsay, where you cannot even point to who made the allegation. Klaus Schwab rejects the whistleblower allegations, yet he has been banned from even entering the WEF premises in Geneva. Interim President Peter Brabeck-Letmathe and CEO Börge Brende have taken over, and this does not appear to be on the up and up. My sources have explained that events escalated on Wednesday. After the Board publicly announced an investigation into its resigned president, Schwab launched a counteroffensive.
Consequently, there is a decline in the WOKE Agenda 2030 and the USAID / WEF programmatic partnerships, with potential DOGE investigations, throwing Schwab under the bus seemed the only way out, trying to save the WEF from a larger scandal. However, I am not aware of any direct institutional funding from USAID to the WEF at this moment. Their cooperation appears to be project-specific, aimed at advancing shared development goals through multi-stakeholder engagement. Some wonder if this funding, which is under investigation, also played a key role in this urgent crisis, leading to Schwab being thrown under the bus and even banned from the premises.
Based on this, an anonymous letter was sent last week to the Forum’s board, raising concerns about the Forum’s governance and workplace culture. According to the letter, it alleged that the Schwab family had mixed their personal affairs with the Forum’s resources without proper oversight. While that is not so far-fetched insofar as it is a fairly common issue that has been alleged countless times, as with Marine Le Pen in France, claiming some local expenses were paid with EU funds.
At an emergency meeting on Easter Sunday, April 20, 2025, Klaus Schwab stepped down as Chairman and Board member of the World Economic Forum, effective immediately. He said publicly:
“Following my recent announcement, and as I enter my 88th year, I have decided to step down from the position of Chair and as a member of the Board of Trustees, with immediate effect.”
“At a time when the world is undergoing rapid transformation, the need for inclusive dialogue to navigate complexity and shape the future has never been more critical. The Board of Trustees of the World Economic Forum underlines the importance of remaining steadfast in its mission and values as a facilitator of progress. Building on its trusted role, the Forum will continue to bring together leaders from all sectors and regions to exchange insights and foster collaboration.”
What’s strange is that the board of trustees decided to open an investigation during an emergency meeting on Easter Sunday. By Wednesday, they are throwing him under the bus and destroying his reputation.
The Board insists that Schwab opted to resign immediately as the chairman, instead of staying on for an extended transition period as previously planned. He has naturally denied every allegation hurled at him since. No doubt, Klaus Schwab will file a lawsuit against whoever is behind the anonymous letter and “anybody who spreads these mistruths,” his spokesman said.
In a statement, the WEF said its board unanimously supported the decision to initiate an independent investigation “following a whistleblower letter containing allegations against former Chairman Klaus Schwab. This decision was made after consultation with external legal counsel.”
I am no fan of Klaus Schwab, as everyone knows. I disagree with his theories from start to finish. Nevertheless, something doesn’t smell right here. This appears to be an internal coup, perhaps to distract attention from the question of alleged funds for the WEF from USAID, or to try to salvage the collapse in support due to the failure of Schwab’s Agenda 2030. The political wind has shifted. They are not stupid.
The Board now said:
“We feel compelled to share a comprehensive account of systemic governance failures and abuses of power that have taken place over many years under the
unchecked authority of Klaus Schwab.”
Schwab’s leadership was marked by divisive initiatives like the Great Reset and the Fourth Industrial Revolution, which critics call dystopian and pro-centralization. The WEF’s 2016 slogan — “Welcome to 2030: I own nothing, have no privacy…” — further fueled concerns about eroding personal freedoms. The Forum immediately appointed Peter Brabeck-Letmathe, the former Nestlé CEO, as the interim chairman and established a search committee for the future chair’s selection. Was this simply a coup for political purposes to discredit Schwab and every aspect of his Fourth Industrial Revolution and Agenda 2030? This is clearly a coup in a desperate attempt to save the WEF from failure when it has NEVER been able to forecast anything – EVER!.
Brabeck-Letmathe’s appointment raised fears of heightened corporate globalization. The new chair’s past comments — declaring water a commodity, not a human right — and Nestlé’s contested water policies signal continuity of WEF’s resource-centralization goals. Critics argue his leadership prioritizes profit and technocratic control over public welfare. Conservative voices framed Schwab’s exit as damage control, warning that Brabeck-Letmathe’s ties to corporate exploitation (e.g., water privatization) reveal the WEF’s unchecked agenda. Upcoming battles over digital ID systems, carbon credits, and autonomy loom as scrutiny intensifies.
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