Former Suntech chairman Shi Zhengrong, a China-born Australian national, returned home after earning a Ph.

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A. It was a big deal to get Dr. Shi (Zhengrong) in first.

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Suntech's founder and chief executive, Zhengrong Shi , owned 56.9 million shares of the company.

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Other China attendees at Davos include Shi Zhengrong, chairman and chief executive of solar panel market Wuxi Suntech Power Co.

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Its founder, Shi Zhengrong, has seen much of his multibillion-dollar fortune evaporate.

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The founder of Chinese solar giant Suntech, Zhengrong Shi, is stepping down as chief executive and will become executive chairman and chief strategy officer, the company said Wednesday.

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Zhengrong Shi, chairman of China's solar energy giant Suntech Power and Tulsi Tanti of India's wind company Suzlon Energy have both netted billions in recent years by harvesting nature's own power sources.

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Suntech CEO Zhengrong Shi, took a 10% stake.

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