Klaus Schwab

Klaus Schwab, German economist and engineer, founded the World Economic Forum

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Born: March 30, 1938
Age in 2026: 88
Zodiac sign: Aries
Birth year: 1938

About Klaus Schwab

Klaus Martin Schwab is a German mechanical engineer, economist, and founder of the World Economic Forum (WEF). He served as the WEF's chairman from 1971 until his resignation in 2025. Schwab attended first and second grades at the primary school in the Wädenswil district of Au, Zürich, in Switzerland. Schwab and his wife Hilde created the Schwab Foundation for Social Entrepreneurship in 1998. In 1971, Schwab founded the European Management Forum, which was renamed as the World Economic Forum in 1987.

Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.

Klaus Schwab timeline

1971In 1971, Schwab founded the European Management Forum, which was renamed as the World Economic Forum in 1987.
1998Schwab and his wife Hilde created the Schwab Foundation for Social Entrepreneurship in 1998.

The world when Klaus Schwab was born

Klaus Schwab was born in 1938. The year snapshot below places that birthday in its cultural and historical setting: the music and films people were following, the headlines shaping public life, and the everyday prices families encountered.

Culture in 1938

#1 song"A-Tisket, A-Tasket" – Ella Fitzgerald
Top movieThe Adventures of Robin Hood
Best-selling bookRebecca – Daphne du Maurier

Headlines and milestones

Major sports momentJoe Louis knocks out Max Schmeling in round 1
Top headlineWar of the Worlds broadcast causes nationwide panic
Technology milestoneNuclear fission discovered
Defining fadSuperman debuts in Action Comics #1
Notable inventionInstant coffee (Nescafé)
World population2.30 billion

United States snapshot

U.S. leaderFranklin D. Roosevelt
Sports championNew York Yankees (World Series)
U.S. population129.8M

1938 versus 2026

These figures put everyday life in Klaus Schwab's birth year beside the site's latest United States snapshot.

Measure	1938	2026
Gas	$0.20	$3.45/gal
Average home	$5,100	$435,000
Average income	$2,800	$67,500
Minimum wage	$0.25	$7.25/hr (federal)
Movie ticket	$0.25	$11.95
Postage stamp	$0.03	$0.73
Population	129.8M	341 million

Sources and editorial standards

This profile combines a biographical source with structured birthday and historical context. Sources recorded for this profile: Wikipedia, Encyclopaedia Britannica, Library of Congress. See our editorial policy for sourcing, corrections, and review standards.

Read the source biography on Wikipedia. Wikipedia text is available under the Creative Commons Attribution-ShareAlike License.