&imwidth=800&imheight=600&format=webp&quality=medium "WEF Davos 2026 opens without founder after whistleblower flags 'financial and ethical misconduct'")
The World Economic Forum has been a highlight for corporate leaders and heads of countries alike. And this year, the Geneva-based think tank, which hosted its first summit in 1971, opened without the forum founder, Klaus Schwab. This development happened after a letter by a whistleblower alleged that he and his wife, Hilde, were involved in financial and ethical misconduct.
Also read: $1 billion for ‘peace’? Confusion and panic as Trump forces Gaza ‘Peace Board’ event on Davos 2026
After learning about the letter, the board gave its unanimous support in 2025 for an independent investigation of Schwab. This decision was made following a report published by news outlet The Wall Street Journal. Two days after the report surfaced, the WEF announced Schwab’s retirement as chairman “with immediate effect.”
Also read: Davos 2026: Kerala participates in World Economic Forum for second time, eyes investments
The forum held in the Swiss Alps town of Davos will see 3,000 participants from 130 countries, which will include 850 CEOs and chairs of the world’s top companies. This will also be US President Donald Trump’s third year of attendance in the dialogue. His visit comes amid a turbulent situation in America, with immigrants protesting against the forces after the Minnesota killing.
Trending Stories
)
Man with babyish face spends Rs 10 lakh on beard transplant to be taken seriously at work
)
Pakistan army chief used private oil venture to keep Iran attacks off Saudi Arabia: Report
)
‘Stole the show’: Young man’s uncanny imitation of Trump leaves internet stunned | WATCH
)
The Royals enter the Doctor Who universe: King Charles and Queen Camilla beam into Commonwealth Games in TARDIS
)
Iran flew IRGC men, advisers and military gear to Yemen, bolstered Houthis for Red Sea blockade: Sources
&im=FitAndFill=(700,400))
Why the S-400 fires its missiles straight up into the air
'Sonam, it’s done, bro. Don’t extend this': Salman Khan now urges protesting students to go home, offers Wangchuk home cooked food to end fast
&im=FitAndFill=(700,400))
Why US fighter jets use seamless bubble canopies compared to Russian jets
)
Ukrainian drone wrecks irreplaceable Russian bomber 800km inside the country, satellite images show it halved
)
Major defence breakthrough: DRDO test-fires Kusha LRSAM system, hits simulated target
)
NEET Protests riddled with misinformation? Delhi Police block 480 Pakistan-based handles spreading 'fake news' since Operation Sindoor
)
'Oh my god!' Orca deliberately rams into sunfish so hard that it exploded. For food or fun?
)
ICC ODI Rankings: Joe Root jumps big, India trio close in on No. 1 spot
)
'Most important foundation': Dharmendra Pradhan's long note on 'school education' amid calls for his resignation
)
He predicted COVID-19 and 2008 economic crisis, was labeled fearmonger. Now he has another dire warning
)
Russia-Ukraine war escalates| Zelensky pushes patriot missile production as Black sea crisis deepens
)
Ranbir Kapoor-Yash's Ramayana trailer postponed, producer cites Sony Pictures deal as reason
&im=FitAndFill=(700,400))
Why the specialized paint on an S-400 costs thousands of dollars per truck
)
'George Soros playbook': Understanding the foreign funding network around Sonam Wangchuk
)
Will India switch to plastic currency? Why RBI wants to replace paper currency, and what it means for your wallet | WION Decodes
)
FIFA 2026 | 'I am truly sorry': Argentina's Enzo Fernandez, who get red card in final, reacts to loss
)
Accidental overdose: UK inquest rules out foul play in Saudi Prince’s London death
)
India to test fire three Kusha long-range surface-to-air missiles | Gravitas
)
Delhi Police chief gets NSA detention powers but force denies link to CJP protests
)
Jana Nayagan box office collection: Here's how much CM Vijay's political drama mints on day 1
&im=FitAndFill=(700,400))
New Friday OTT releases (July 24, 2026): Musafir Cafe, Adarsh Baal Vidyalaya, Pallichattambi- Watch these 6 titles on Netflix, Prime Video and more
)
Commonwealth Games 2026: India's medal hopes suffer after doping woes
)
Sonam Wangchuk's connection with George Soros and Ford Foundation explained!
)
Scientists decode rare metal that allows China's radar satellite to spy over Asia Pacific
)
Also, less than a month after US forces captured Venezuelan President Nicolas Maduro and his wife. Lawmakers and business leaders from across the world are expressing their concern about the unfolding situation. Trump, who until last year was brokering peace between countries and eyeing the Nobel Peace Priz,e seems to be headed in the polar opposite direction with his latest moves.
