Klaus Martin Schwab, widely known as Klaus Schwab, is a German engineer, economist, and founder of the World Economic Forum (WEF). He has been the chairman of WEF since the organization’s inception in 1971.
Please read on patiently; you will discover more information about Klaus Schwab’s net worth, age, wiki, bio, career, personal life, height, weight, body measurements, social media presence, and more.
Klaus Schwab’s net worth
Klaus Schwab is a very wealthy man. Schwab has not disclosed his net worth publicly, so it is difficult to determine how much he is worth. However, Klaus Schwab was listed among the Forbes World’s Billionaires list 2022. The list ranks the top 200 richest people in the world.
According to online sources, Klaus Schwab’s estimated net worth is $2.5 billion.
He lives in an expensive Cologny Suburb of Geneva, Switzerland. Klaus is the executive chairman of WEF, and he also teaches business and economics policy at the University of Geneva. Klaus is also an author.
| Net worth | $2.7 billion |
| Salary | Under Review |
| Source of income | Businesses |
| Profession | Engineer and Economist |
Klaus Schwab’s early life and education
Klaus Martin Schwab was born in Ravensburg, Germany, to Eugen Wilhelm Schwab and Erika Epprecht on March 30, 1938. During the Third Reich, his parents relocated from Switzerland to Germany so that his father could take on the post of director at Escher Wyss AG, an industrial firm and Nazi government contractor. The Gestapo kept tabs on Schwab’s family, summoning his mother (from Zürich) in the autumn of 1944 because he couldn’t speak “proper high German” at school. Despite his father’s Lutheran baptism, Schwab was reared Catholic. He is a German citizen despite having three Swiss grandparents and two Swiss brothers. Despite several offers of naturalization from both Kurt Furgler and Ueli Maurer, he remains without Swiss citizenship.
During the first and second grades, Schwab attended primary school in the Wädenswil area of Au, Zürich, Switzerland. After WWII, his family returned to Germany, where Schwab attended the Spohn-Gymnasium in Ravensburg until completing his Abitur in 1957.
He earned a doctorate in engineering in 1961 from the Swiss Federal Institute of Technology, with the title Der längerfristige Exportkredit als betriebswirtschaftliches Problem des Maschinenbau (Long-term export credit as a business problem in mechanical engineering). He also holds a doctorate in economics from the University of Fribourg and a Master of Public Administration degree from Harvard University’s John F. Kennedy School of Government.
Klaus Schwab age
Klaus Schwab was born on March 30, 1932. He is 86 years old as of 2024. Schwab is a German citizen by nationality and of mixed ethnicity.
Klaus Schwab Wikipedia
| Full name | Klaus Martin Schwab |
| Stage Name | Klaus Schwab |
| Date of birth | March 30, 1932 |
| Place of birth | Ravensburg, Germany |
| Age | 86 years old as of 2024 |
| Nationality | German |
| Ethnicity | Mixed |
| High School | Spohn-Gymnasium High School |
| University | Swiss Federal Institute of Technology University of Fribourg Harvard University’s John F. Kennedy School of Government. |
| Credentials | doctorate in engineering doctorate in economics Master of Public Administration degree |
| Zodiac sign | Aries |
| Profession | Engineer and Economist |
Klaus Schwab’s career
He began his career in the late 1950s and early 1960s, working for a number of technical and industrial firms. Later, in 1963, he was appointed assistant to the director general of the German Machine-Building Association, and in 1967, he was appointed managing board member of the Swiss manufacturing business Sulzer Escher Wyss AG.
From 1972 to 2003, Klaus Schwab was a professor of business policy at the University of Geneva. To date, he is an honorary professor at the University of Geneva.
Klaus Schwab WEF
Schwab established the European Management Forum in 1971, which was later renamed the World Economic Forum in 1987. Moderne Unternehmensführung im Maschinenbau was also published by him in 1971.
In 2003, Schwab named José Mara Figueres, the World Economic Forum’s CEO, as his chosen successor. Figueres resigned in October 2004 over his undeclared receipts after receiving over $900,000 in consulting fees from the French telecoms corporation Alcatel while working at the Forum. This episode was noted by Transparency International in their Global Corruption Report in 2006.
In 2011, Schwab established the WEF’s Global Shapers Community to collaborate with young people in “shaping local, regional, and global agendas.”
The Swiss government formally recognized the WEF as an “international body” in 2015.
Klaus Schwab books
Schwab has written or co-written a number of books. Some regard him as an “evangelist” for “stakeholder capitalism.” He is credited with popularizing the following books:
- The Fourth Industrial Revolution (2016)
- COVID-19: The Great Reset (2020)
- Shaping the Future of the Fourth Industrial Revolution (2018)
- Stakeholder Capitalism (2021)
- The Great Narrative (2022)
Personal life
Klaus Schwab married Hilde Schwab in 1971. The couple has two children together.
| Marital status | Married |
| Partner | Hilde Schwab |
| Parents | Eugen Wilhelm Schwab (Father) Erika Epprech(Mother) |
| Siblings | Unknown |
| Children | Nicole and Olivier |
Klaus Schwab wife
The wife of Klaus Schwab, Hilde Schwab, is a chairperson and a co-founder of Social Entrepreneurship. Social Entrepreneurship is a non-profit organization that supports social inventors around the globe. Klaus and Hilde Schwab have two grown children, Nicole and Olivier.
Klaus Schwab’s wife was his personal assistant at WEF. Hilde Schwabs and Klaus Schwabs live in Geneva, Switzerland. Klaus Schwab has two brothers who are Swiss citizens. He decided to remain a German citizen.
Klaus Schwab family
Klaus Schwab’s parents are Eugen Wilhelm Schwab and Erika Epprech. His family consists of his wife, children, and Swiss relatives.
Klaus Schwab grandchildren
According to sources, Klaus Schwab has four grandchildren from his two daughters. We do not have their names in our database, but we will update you as soon as possible.
Height, weight, and physical appearance
Klaus Schwab is about 5 feet 9 inches tall and weighs about 75 kg. He has a slim build body, gray hair, and blue eyes. Although he is old, he still maintains a healthy and active lifestyle.
| Height | 5 feet 9 inches |
| Weight | 72 kg |
| Body measurement | Unknown |
| Hair color | Gray |
| Eye color | Blue |
| Tattoos | No |
| Piercing | No |
Klaus Schwab has an active social media presence, especially on Twitter (X). You can follow him or view his posts on the following social media platforms:
| Unavailable | |
| Twitch | Unavailable |
| @ProfKlausSchwab | |
| Youtube | Unavailable |
| TikTok | Unavailable |
Frequently Asked Questions.
Where does Klaus Schwab live?
He lives in Geneva, Switzerland.
How old is Klaus Schwab?
He is 86 years old as of 2024.
Does Klaus have children?
Klaus has two children.
Does Klaus have any grandchildren?
Yes, he has four grandchildren.
Who is Klaus Schwab’s wife?
Klaus Schwab is married to his former personal assistant, Hilde Schwab.
What is Klaus Schwab’s net worth?
His net worth is about $2.7 billion.
