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New WEF Leader Sparks Controversy Over Water Rights

4/22/2025

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Summary

Story summary

Klaus Schwab has officially handed over the reins of the World Economic Forum to Peter Brabeck-Letmathe, the former CEO of Nestlé. Brabeck-Letmathe's contentious view that clean water isn't a "human right" and should be managed by corporations stirs unease. Coupled with his eye condition, this raises troubling questions about the future path of the WEF.

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Story summary

Klaus Schwab has officially handed over the reins of the World Economic Forum to Peter Brabeck-Letmathe, the former CEO of Nestlé. Brabeck-Letmathe's contentious view that clean water isn't a "human right" and should be managed by corporations stirs unease. Coupled with his eye condition, this raises troubling questions about the future path of the WEF.