Klaus

Klaus Schwab Steps Down, But the WEF's Power Play Continues

EDITOR'S NOTES

Klaus Schwab, the architect behind the World Economic Forum’s controversial globalist agenda, is stepping down as Executive Chairman. Despite amassing $500 million in revenue and a hefty cash reserve of 200 million Swiss francs, Schwab will shift to a non-executive role, pending Swiss government approval. This move comes as Schwab, now 86, ensures his family’s grip on the WEF remains tight, with his children in top positions and his wife controlling key foundations and awards. Don’t be fooled—Schwab’s resignation doesn’t signal a retreat but rather a strategic power play to perpetuate the WEF’s elitist influence under the guise of new leadership.

'You'll own nothing in retirement and be happy'...

Wit the organization he founded 50 years ago bringing in nearly $500 million in revenue in the year ending March 2023 (and sitting on a neat pile of 200 million Swiss francs cash), Klaus Schwab will own some things as he reportedly steps back from his role running the World Economic Forum has has headed since 1971.

Semafor reports that Schwab announced his intentions to step down as executive chairman in an email to staff on Tuesday that was shared with Semafor by a person connected to the organization.

The change in his role is pending approval by the Swiss government but should be finalized ahead of the WEF’s annual meeting in 2025.

Schwab, now 86, will be transitioning to a role as non-executive chairman.

But Globalists should not worry about their agenda as Semafor reports that Schwab has seeded his organization with various family members to take up the tyrannical new world order torch - Schwab’s children appointed to high-ranking positions and his wife Hilde heading the organization’s foundation and awards ceremonies in Davos.

Will Schwab and Soros retire on a deserted island together to watch the end of the chaotic world they enabled from a distance?

This article originally appeared on Zero Hedge