by Born in Ravensburg, Germany, Klaus Schwab is the Founder and executive chairman of the World Economic Forum (WEF) (Keystone / Laurent Gillieron) World Economic Forum founder Klaus Schwab will not be receiving honorary Swiss citizenship, despite the idea having being mooted earlier this year. Such an honorary conferral of the passport has no basis in Swiss law, the Federal Justice Office announced on Tuesday, after it was contacted by the daily Südostschweiz newspaper. The idea of honorary citizenship was reportedly raised by current Swiss President Ueli Maurer earlier this summer. Maurer asked his government colleagues to consider Schwab, 81, for the honour as the World Economic Forum (WEF) prepares for its 50th edition next January in Davos. The idea was also
Topics:
Swissinfo considers the following as important: 3) Swiss Markets and News, 3.) Swiss Info, Business, Featured, Klaus Schwab, newsletter
This could be interesting, too:
Eamonn Sheridan writes CHF traders note – Two Swiss National Bank speakers due Thursday, November 21
Charles Hugh Smith writes How Do We Fix the Collapse of Quality?
Marc Chandler writes Sterling and Gilts Pressed Lower by Firmer CPI
Michael Lebowitz writes Trump Tariffs Are Inflationary Claim The Experts
Born in Ravensburg, Germany, Klaus Schwab is the Founder and executive chairman of the World Economic Forum (WEF) (Keystone / Laurent Gillieron)
World Economic Forum founder Klaus Schwab will not be receiving honorary Swiss citizenship, despite the idea having being mooted earlier this year.
Such an honorary conferral of the passport has no basis in Swiss law, the Federal Justice Office announced on Tuesday, after it was contacted by the daily Südostschweiz newspaper.
The idea of honorary citizenship was reportedly raised by current Swiss President Ueli Maurer earlier this summer.
Maurer asked his government colleagues to consider Schwab, 81, for the honour as the World Economic Forum (WEF) prepares for its 50th edition next January in Davos. The idea was also initially discussed by officials at the regional and federal level after the 2019 WEF.
This came despite the fact that there is no tradition in Switzerland of granting national titles or awards. The idea was even questioned by the chairperson of Maurer’s political group, the right-wing People’s Party: “Mr Schwab’s services are undisputed, but the award of honorary Swiss citizenship to individuals is un-Swiss,” Albert Rösti told the SonntagsZeitungexternal link in August.
Schwab himself, who is German and a long-term resident of the commune of Cologny in Geneva – where WEF is headquartered – has consistently turned down the thought of applying for Swiss citizenship.
According to the WEF websiteexternal link, Schwab holds 17 honorary doctorates, as well as national medals of honour including the Grand Cordon of the Order of the Rising Sun of Japan, the Grand Cross with Star of the National Order of Germany and the Knight of the Légion d’Honneur of France. He was also knighted by Queen Elizabeth II.
Tags: Business,Featured,Klaus Schwab,newsletter