Klaus Schwab's Father Ran 'National Socialist Model Company', Exploited Nazi Slave Labor

Laurent Gillieron

The apple doesn’t fall far from the tree.

Davos frontman Klaus Schwab’s daddy, Eugen Schwab, while the Third Reich was ravaging Europe in the 1930s and 40s, served as managing director of Escher Wyss Ravensburg, an engineering firm that constructed turbines and fighter plane parts for the regime.


While the elder Schwab worked in this capacity, the Nazis awarded Escher Wyss Ravensburg the prestigious title of “National Socialist Model Company” for all of its hard work in the service of the Führer.

To achieve this recognition, Escher-Wyss Ravensburg, under Eugen Schwab’s leadership, utilized Nazi slave labor and prisoners of war in its facilities.

Ravensburg itself, aside from the slave factory, was the site of numerous Nazi crimes against humanity, such as forced sterilization for the purpose of “racial improvement.” But to Eugen Schwab, that was just the cost of doing business with the Third Reich.

You want to make an omelet, you gotta break some eggs, right?

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Klaus Schwab’s sanitized Wikipedia page contains none of the gruesome details of his daddy’s wartime activities, other than to say “his parents had moved from Switzerland to Germany during the Third Reich in order for his father to assume the role of director at Escher Wyss.”


Newsweek ran a corporate “fact check” in which they cherry-picked a falsely attributed image of Eugen in a Nazi uniform as a way to seem to disprove his connection to the Third Reich entirely. But deep into the article, Newsweek subtly admits that it’s all true — which almost no one will get to, thanks to short attention spans:

The posts shared online in May, 2022, claim Klaus Schwab’s father, Eugen Schwab, was a close ally of Hitler, and include a photo of the World Economic Forum leader alongside a man in Nazi uniform… the photo shared online is not of Eugen Schwab, but of Nazi general Walter Dybilasz… Klaus Schwab’s father, on the other hand, was the managing director of a subsidiary of Zurich-based engineering firm Escher Wyss. The history of Eugen’s relationship with Nazism in general is complex… Eugen Schwab was a member of some National Socialist organizations, but that alone does not prove any relationship to German high command or a belief in Nazi ideology. While the Escher Wyss branch in Ravensburg, Germany, (which Eugen managed) used prisoners of war and forced laborers, it is not clear whether the company was forced to do so by the Nazis or because of a lack of workers.


So, Eugen Schwab was an avowed National Socialist, and yes, okay, his firm did use Nazi slave labor. But, you see, that doesn’t mean he was a Nazi. And maybe Escher Wyss had to use slave labor to make their products for the Nazis because of a worker shortage.

This is a common tactic in corporate media: Take a false claim that circulates on the web (in this case, an image incorrectly identified as Eugen Schwab) and use that single post to discredit the entire factual connection between Schwab and the Nazis.


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