Editing World Economic Forum (section)

=== 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> From July 2019 to June 2020, the World Economic Forum has spent €250,000 on lobbying the [[European Union]].<ref>{{Cite web |title=World Economic Forum {{!}} lobbyfacts |url=https://www.lobbyfacts.eu/datacard/world-economic-forum?rid=567538843366-43&sid=142243 |access-date=2024-06-22 |website=www.lobbyfacts.eu}}</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" />