Klaus Schwab studied at the Swiss Federal Institute of Technology in Zurich, University of Fribourg and Harvard University. His degrees include doctorates in Mechanical Engineering and Economics (summa cum laude). From 1972-2003 he was Professor of Business Policy, University of Geneva. In 1971 he founded the World Economic Forum as a not-for-profit foundation and built it into the foremost international institution for public-private cooperation. In 1998 he co-founded, with wife Hilde, the Schwab Foundation for Social Entrepreneurship, supporting social innovation around the world. In 2004 he founded the Forum of Young Global Leaders, and 2011 he founded the Global Shapers Community. He holds numerous honorary doctorates and several honorary professorships. He has been the recipient of international and highest national honours for initiatives undertaken in the spirit of entrepreneurship in the global public interest and for peace and reconciliation efforts in several regions of the world.