World Economic Forum Warning: You are not logged in. Your IP address will be publicly visible if you make any edits. If you log in or create an account, your edits will be attributed to your username, along with other benefits.Anti-spam check. Do not fill this in! === Lack of financial transparency === {{further|Financial transparency}} In 2017, the former ''[[Frankfurter Allgemeine Zeitung]]'' journalist Jürgen Dunsch criticized that financial reports of the WEF were not very transparent since neither income nor expenditures were broken down. In addition, he outlined that the foundation capital was not quantified while the apparently not insignificant profits would be reinvested.<ref name="SZ-money machine">{{cite news |last=Busse |first=Caspar |title=Das Weltwirtschaftsforum ist zu einer Geldmaschine geworden |trans-title=The World Economic Forum has become a money machine |url=https://www.sueddeutsche.de/wirtschaft/davos-das-weltwirtschaftsforum-ist-zu-einer-geldmaschine-geworden-1.3334817 |work=[[Süddeutsche Zeitung]] |date=17 January 2017 |language=de |access-date=20 May 2020 |archive-date=5 August 2020 |archive-url=https://web.archive.org/web/20200805111333/https://www.sueddeutsche.de/wirtschaft/davos-das-weltwirtschaftsforum-ist-zu-einer-geldmaschine-geworden-1.3334817 |url-status=live }}</ref> Recent annual reports published by the WEF include a more detailed breakdown of its financials and indicate revenues of CHF 349 million for the year 2019 with reserves of CHF 310 million and a foundation capital of CHF 34 million. There are no further details provided to what asset classes or individual names the WEF allocates its financial assets of CHF 261 million.<ref>{{cite web |url=http://www3.weforum.org/docs/WEF_Annual_Report_18-19.pdf |title=Annual Report 2018–2019 |publisher=World Economic Forum |date=2019 |access-date=9 July 2021 |archive-date=14 May 2021 |archive-url=https://web.archive.org/web/20210514173922/https://www3.weforum.org/docs/WEF_Annual_Report_18-19.pdf |url-status=live }}</ref> The German newspaper ''[[Süddeutsche Zeitung]]'' criticised in this context that the WEF had turned into a "money printing machine", which is run like a family business and forms a comfortable way to make a living for its key personnel. The foundation's founder Klaus Schwab draws a salary of around one million Swiss francs per year.<ref name="SZ-money machine" /> Summary: Please note that all contributions to Christianpedia may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here. You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see Christianpedia:Copyrights for details). Do not submit copyrighted work without permission! Cancel Editing help (opens in new window) Discuss this page