Klaus Schwab, owner of the Davos Forum: the most influential family business in the world

• Pedro Sánchez returns from the Emirates without the 16,600 million in investments that Macron took to France

• Money The fleet of yachts and private planes of the Saudi prince who wanted to make Elon Musk's Twitter party bitter

This week's World Economic Forum in Davos has brought together political leaders, prime ministers and some of the world's most powerful businessmen in a bucolic Swiss ski resort.

A meeting fruit of a family organization led by the German octogenarian,

(81).

A Swiss-educated university professor with a Harvard graduate degree who taught industrial management at the University of Lausanne and who

, nor appearing on the lists of the richest men in the world,

.

Shortly after studying in the US, Schwab created the European Management Symposium in 1971, which was attended by managers from 450 European companies in order to learn about the business management strategies implemented in North America.

A meeting whose field of action was limited to

but which, with the passage of time,

.

Especially since 1987, when it changed its name to the World Economic Forum and gave the meeting the legal form of a foundation.

With a mission to "engage political, business, cultural and other leaders in shaping global, regional and industry agendas", The Davos Forum, which is registered in the commercial register of the Swiss canton of Geneva as a foundation, has been

of the political spectrum.

Some, like the Transnational Institute in the Netherlands,

. "

Accusations based on controversial reports -prepared at the World Economic Forum itself- such as the one that maintains that governments "are no longer the dominant actors on the world stage" and that "the time has come for a

"That mixes the public with the private.

Davos recounts the hermetic running of a family business

.

A primitive form of management that Shwab himself uses for the foundation that gives legal form to this influential meeting.

His wife, Hilde, accompanies him from the first steps and currently holds the position of president of the family's Social Entrepreneurship Foundation.

His daughter, Nicole, has worked in youth and gender organizations linked to Davos, as well as for the Bolivian Ministry of Health during

.

Finally, his son, Olivier, is currently executive director of the Forum.

Pedro Sánchez in a meeting with Klaus Schwab.GTRES

Davos is always the subject of controversy.

This year has not been an exception and the controversy has come from veteran Henry Kissinger (a personal friend of Schwab who has advocated the idea of ​​Ukraine ceding part of its territory to Russia to achieve peace, in an edition in the that both President Zelensky and the mayor of Kiev, Vitali Klitschko, have participated in. Yet the most famous postulate of Davos was his prediction in the "global agenda" that

."

In business terms,

and has been repeatedly accused of lack of accounting transparency.

Seeking to placate the criticism, he disclosed his salary: 963,000 euros.

However, Davos is the medium that the German has used throughout his career to occupy

such as Swatch (owner of Tissot, Omega or Hamilton), in the media group of the

newspaper or at Vontobel, in Swiss private banking.

Conforms to The Trust Project criteria

Know more

• Davos

• Swiss