Klaus Schwab Resigns From WEF Hours After Pope's Death Fueling Speculation Of Conspiracy
On April 21, 2025, Klaus Schwab, the 87-year-old founder of the World Economic Forum (WEF), announced his immediate resignation as chair of the organization’s board of trustees, a role he had held since founding the WEF in 1971. This decision, while not entirely unexpected given his age and prior indications of a planned transition, still sent shockwaves through global economic and political circles due to its abrupt timing. Schwab had already signaled a shift in his role, with the WEF stating in May 2024 that he would transition to a non-executive position by January 2025, but his sudden exit on this specific date—without a named successor—raised eyebrows. The WEF appointed Vice Chairman Peter Brabeck-Letmathe as interim chair while a search for a new leader began, marking the end of Schwab’s over five-decade tenure at the helm of an organization that became synonymous with globalization and elite gatherings in Davos. Schwab cited his age and the need for the WEF to “recover its sense of mission” as reasons for his departure, though some speculated internal pressures or external political shifts, such as Donald Trump’s second term, might have played a role.
Remarkably, Schwab’s resignation coincided with the death of Pope Francis on the same day, April 21, 2025, at 7:35 AM, as announced by the Vatican. The 88-year-old pontiff succumbed after a serious bout of double pneumonia, though Italian media speculated a stroke or brain hemorrhage might have been the immediate cause, following his public appearance on Easter Sunday. The simultaneous exit of these two influential figures—one a spiritual leader advocating for the marginalized, the other a symbol of global economic power—prompted widespread discussion. Pope Francis had a history of engaging with the WEF, often sending messages to Schwab urging the forum to address global inequalities and injustices, as seen in his January 2024 letter emphasizing the need for social cohesion and peace. Their shared focus on global issues, albeit from different perspectives, made the timing of their respective departures a striking coincidence, with some on X noting the symbolic weight of losing two voices that shaped global discourse on the same day.
The convergence of these events fueled speculation about deeper connections, though no evidence supports a direct link between Schwab’s resignation and Francis’ death. Schwab’s decision aligned with his earlier plans to step back, and Francis’ passing was tied to his declining health, not political or economic maneuvers. However, the timing amplified public and media scrutiny, with some on X questioning whether it was mere coincidence, especially given the WEF’s controversial reputation among critics who viewed it as an elitist institution, and Francis’ progressive stances that sometimes clashed with conservative leaders. The WEF had faced recent criticism over its internal culture, though an investigation cleared Schwab of misconduct, and Francis’ papacy had been marked by tensions with traditionalists within the Church. Together, their exits on April 21, 2025, marked a symbolic turning point, prompting reflection on the future of global leadership in both spiritual and economic spheres.