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According to the whistleblower complaint — reportedly penned by current and former employees of the WEF — Schwab used the Forum as his personal piggy bank. Among the accusations:
Withdrew thousands in cash using junior staffers as gofers.
Charged private hotel massages to WEF accounts.
Allowed his wife to book luxurious vacations disguised as “business travel.”
Utilized WEF property, Villa Mundi, as a private retreat while presenting it as a “conference center.”
https://www.thegatewaypundit.com/2025/04/davos-tyrant-falls-grace-as-wef-turns-its/
The entire WEF engages in, and stands for, ethical misconduct.