I’m sure Henry Kissinger has other people lined up to take on that roll. The technique of using exclusive events to socialize and indoctrinate people is age-old.

Will he outlive Schwab, though?

At those ages it's a crap-shoot. Depends on who has access to the better adrenochrome (j/k)... I'm not sure if he needs to personally anoint the successor. It just surprises me that people don't realize that it's WEF is a continuations of a very old power structures that predates it.