MAGA is celebrating the resignation of Klaus Schwab, the founder of the World Economic Forum (WEF), after he announced he was stepping down as chair of the board of trustees. The WEF board said in the statement on Monday that it had accepted Schwab's resignation at a meeting on April 20.

The board, which includes ex-U.S. Vice President Al Gore and Jordan's Queen Rania, took note that Schwab created the "leading global platform" for "dialogue and progress" during his 55 years of "relentless leadership at the helm of the Forum."

Klaus Schwab, known for founding the World Economic Forum, has a net worth that is proof of his decades-long business career and success.