Born in Ravensburg, Professor Klaus Schwab led the first European Management Symposium in Davos in 1971, which was renamed as the World Economic Forum in 1987. Over the years, the event has lead to unprecedented media reports around the world. Schwab himself achieved a common house which sets an example, with his meeting of economic, political and cultural leaders in the middle of the Alps.
From the start, Klaus Schwab lined up the Media in the Centre, which would allow him to set up a kind of global pinboard .This notice board using media (obviously long before the advent of the internet) is one of the main reasons for the phenomenal success of the WEF. Although the WEF is only attended by small circle of around 3,000 delegates, it has an enormous effect on the worldwide population.
Schwab made Davos the leading location for global conferences
Professor Klaus Schwab and the WEF have made a decisive contribution to the European Alpine region not only being associated with hiking and skiing, but also as the ideal surroundings for congresses between politicians and economic leaders from all over the world.The ability to be a host and bring people together, even in difficult times, was one of Klaus Schwab’s greatest accomplishments.His bond with the mountains joins him with Davos, which he made the leading city for meetings in the mountains on a decisive impulse. As a result, today Davos is nothing less than “The Best Meeting Place in the World”.
Prof. Klaus Schwab is a member of various supervisory and executive boards for international companies. He has been awarded countless medals and prizes and holds an honorary doctorate from several universities. He lives in Cologny, near Geneva, together with his wife and their two children.