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Closing session of the World Economic Forum in Egypt
(L to R) Jimmy Wales, Founder of Wikia, Ms Abdel Aziz, a student representative, Prince Andrew, The Duke of York, Ahmed Nazif, Egyptian Prime Minister and Klaus Schwab, founder of the World Economic Forum, participate in the closing session of the World Economic Forum at the Egyptian Red Sea resort of Sharm el Sheikh on May 20, 2008. The theme of this year’s summit is “Learning from the Future.” The forum is one of the largest gatherings for political and business leaders in the Middle East. (UPI Photo)
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Klaus Martin Schwab (born March 30, 1938) is a German 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, Germany.

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.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Klaus Schwab."
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