Childhood and Education Journey of Klaus Schwab in Timeline

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Klaus Schwab

Discover the defining moments in the early life of Klaus Schwab. From birth to education, explore key events.

Klaus Schwab is a German engineer, economist, and the founder of the World Economic Forum (WEF). Founded in 1971, the WEF has become a prominent platform for global leaders to discuss economic and social issues. Schwab served as the WEF's chairman from its inception until 2025. In May 2024, the WEF announced Schwab will transition from Executive Chairman to Chairman of the Board of Trustees by January 2025, with no successor yet appointed.

6 hours ago : Klaus Schwab Steps Down as WEF Chairman After 55 Years of Leadership

Klaus Schwab, the founder of the World Economic Forum, is stepping down as chairman after 55 years. The WEF has launched a search for a new leader. Schwab's departure marks the end of an era.

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March 1938: Klaus Schwab Born

Klaus Martin Schwab was born in March 1938. He is a German mechanical engineer, economist, and founder of the World Economic Forum (WEF).

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March 1938: Birth of Klaus Schwab

On 30 March 1938, Klaus Martin Schwab was born to Eugen Wilhelm Schwab and Erika Epprecht in Ravensburg, Germany. His parents had moved from Switzerland to Germany during the Third Reich so that his father could work as a director at Escher Wyss AG.

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1957: Graduated from Spohn-Gymnasium

In 1957, Klaus Schwab graduated from the Spohn-Gymnasium in Ravensburg, Germany, after completing his Abitur.

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1961: Graduated from Swiss Federal Institute of Technology

In 1961, Klaus Schwab graduated as a mechanical engineer from the Swiss Federal Institute of Technology in Zurich, with a doctorate in engineering.

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1971: Founded European Management Forum

In 1971, Klaus Schwab founded the European Management Forum, which was later renamed the World Economic Forum.

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1971: Marriage to Hilde Schwab

In 1971, Klaus Schwab married Hilde Schwab, his former assistant, in Sertig Valley at a Reformed church.

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1972: Professor at the University of Geneva

In 1972, Klaus Schwab became a professor of business policy at the University of Geneva.

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1975: Birth of daughter Nicole

In 1975 or 1976 Klaus and Hilde Schwab had a daughter named Nicole, who co-founded the Gender Equality Project.

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1976: Birth of daughter Nicole

In 1975 or 1976 Klaus and Hilde Schwab had a daughter named Nicole, who co-founded the Gender Equality Project.

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1987: European Management Forum Renamed

In 1987, the European Management Forum was renamed the World Economic Forum.

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1998: Schwab Foundation for Social Entrepreneurship created

In 1998, Klaus Schwab and his wife Hilde created the Schwab Foundation for Social Entrepreneurship.

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2003: Honorary professor at the University of Geneva

Since 2003, Klaus Schwab has been an honorary professor at the University of Geneva.

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2011: Founded Global Shapers Community

In 2011, Klaus Schwab founded the Global Shapers Community within the World Economic Forum (WEF).

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2015: WEF Formally Recognized

In 2015, the World Economic Forum (WEF) was formally recognised as an 'international body' by the Swiss Government.

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