Klaus Martin Schwab (born March 30, 1938) is a Swiss engineer and economist, best known as the founder and executive chairman of the World Economic Forum. His wife and former secretary, Hilde, co-founded the Schwab Foundation for Social Entrepreneurship with him. He was born in 1938, in Ravensburg.
In 1971, Schwab founded the World Economic Forum as a not-for-profit foundation committed to improving the state of the world, later building it into today's global partnership of business, political, and intellectual leaders.
In 1998, Schwab and his wife founded the Schwab Foundation for Social Entrepreneurship, a non-profit organization based in Geneva, Switzerland.
In 2004, Schwab created a new foundation using the US$1 million prize money from the Dan David Prize he received that year from Israel. The Forum of Young Global Leaders aims to bring together over 500 people under 40 from all walks of life who have demonstrated their commitment to improving the state of the world, and encourage them to work together over the span of five years to identify and realize global change.
- 1938-03-30) March 30, 1938 (age 76), Ravensburg, Germany
- Alma mater
- ETH Zürich,, University of Fribourg,, Harvard University
- Founder and executive chairman of the World Economic Forum
- Hilde Schwab