Klaus Schwab, the mind of the World Economic Forum and an archaicist, officially informed staff that he will step down as WEF executive chair.
The self-described 86-year-old Sultan of Davos announced in an email to staff on Tuesday that he would no longer lead the world’s most renowned global advocacy group, but that he would probably continue to do so in some non-executive capacity, according to the website Semafor.
By the beginning of the time, Schwab will change from Executive Chairman to Chairman of the Board of Trustees, according to a WEF official who spoke to the webpage. The Forum will be changing its management structure.
The Financial Times  reported that Brge Brende, the current WEF president, and former Norwegian Foreign Minister, will step down as head of Davos, despite Schwab’s announcement never to publicly name a replacement.
Next year, the POLITICO website reported that, according to 29 WEF insiders, Schwab is treating the organisation like a “family heirloom”, indicating that Schwab properly have sought to appoint one of his two children,  , Nicole and Olivier — both of whom currently serve in higher- ranking positions within the WEF — as a second executive.
The final decision will reportedly need to be cleared by the government of Switzerland, which hosts the group’s annual Davos meeting. Despite his earlier claims that he hoped to continue in power and lead the WEF for decades to come, Schwab’s resignation appears to be in line with his previous statements.
A German- born economist, Schwab started the World Economic Forum in 1971 with$ 6, 000 in startup funds. Now a ,$ 390 million  , per year business, the Forum sees world leaders, top- flight businessmen, and alleged thought leaders descend — often by private jet, ironically, given the frequent focus on climate change — to the Swiss ski resort town of Davos where they bend the metaphorical knee to Schwab every year.
Klaus Schwab Tells Global Leaders to Collaborate for World Governancehttps: //t. co/bZ0zFT7xci
— Breitbart London ( @BreitbartLondon ) March 31, 2022
Under his leadership, the WEF has become one of the leading forces behind numerous globalist projects, such as central bank digital currencies, transhumanism, artificial intelligence, world governance, veganism, carbon taxes, tech censorship, and a radical restructuring of the global economy, among others.
In a controversial statement, Schwab claimed that the situation “offered an opportunity to enact his idea of a” Great Reset” and demanded that the world “act jointly and quickly to revamp all aspects of our societies and economies.”
Key to his notion of a Great Reset is the implementation of the deceptively- titled and socialist- adjacent’ stakeholder capitalism ‘ , — a term coined by the WEF chief — in which there is ,” shared prosperity and equitable growth, based on sustainable production and consumption”.
Infamously, the WEF produced a video that predicted that everyone would “own nothing and be happy,” which sparked outrage from the public. Critics claimed that Davos was attempting to end private property by extending the subscriber-based economy to all walks of life.
The” Fourth Industrial Revolution,” or” Fourth Industrial Revolution,” is another concept that Schwab has made well-known. It will change how people interact with and comprehend the world. The chairman of the WEF cited Artificial Intelligence as a key component of this vision, saying last year that those in charge of AI will have the ability to become, in essence, “masters of the world.”
The founder of the World Economic Forum stated in 2022 that the” Chinese model is undoubtedly a very attractive model for quite a number of countries as a likely “role model” for many countries in the” systemic transformation of the world.”
Appearing at the World Government Summit in Dubai this week, arch- globalist Klaus Schwab said “life in 10 years from now will be completely different … and who masters]AI] technologies, in some way, will be the masters of the world” https ://t.co/Dsyd774Lki
— Breitbart London ( @BreitbartLondon ) February 17, 2023
