Billionaire Profile
Morris Chang
Global Rank
#426

Image: 總統府 | CC BY 2.0 | via Wikimedia Commons

Morris Chang

CEO, Semiconductors
TAIWAN
Real-Time Net Worth
$8.458B
Estimated based on Semiconductors stock value as of April 20, 2026
-0.23% (24h)
Age
94
Source
Semiconductors
Industry
Technology
Citizenship
TAIWAN

Biography

Morris Chang is a Taiwanese-American billionaire business executive and electrical engineer, best known as the founder of Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest dedicated semiconductor foundry. Born in China, he later became a U.S. citizen before returning to Taiwan. His career spans decades, including roles at Texas Instruments and General Instrument. Chang is a key figure in the global technology industry, driving innovation in chip manufacturing and contributing significantly to Taiwan's economic success. As of March 2026, his net worth is estimated at $7.0 billion, primarily from his stake in TSMC.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Morris Chang was born in Ningbo, China, on July 10, 1931. Due to the Second Sino-Japanese War, his family moved frequently, including Hong Kong and Shanghai. He later immigrated to the United States. He studied at Harvard University before transferring to the Massachusetts Institute of Technology (MIT), where he earned Bachelor's and Master's degrees in mechanical engineering. He then obtained a Ph.D. in electrical engineering from Stanford University in 1964.

Rise to Success

Chang began his career in the semiconductor industry in 1955 at Sylvania Semiconductor and later moved to Texas Instruments (TI) in 1958. At TI, he quickly advanced, becoming a key figure in semiconductor manufacturing. In the 1980s, he returned to Taiwan to lead the Industrial Technology Research Institute (ITRI). In 1987, at the age of 56, he founded Taiwan Semiconductor Manufacturing Company (TSMC).

Key Business Strategies

Chang pioneered the foundry model, where TSMC focused solely on manufacturing chips designed by other companies. This strategy allowed TSMC to become the world's first dedicated semiconductor foundry, dominating the market. He emphasized innovation, technological advancement, and building strong relationships with key customers, including Apple, Nvidia, and Qualcomm.

Philanthropy

Morris Chang has made significant contributions to educational institutions and research organizations through philanthropic efforts. His wife, Sophie Chang, chairs the TSMC Charity Foundation, participating in various non-profit initiatives in Taiwan.

Career Milestones

1955

Joined Sylvania Semiconductor

Began his career in the semiconductor industry.

1958

Joined Texas Instruments

Rose to engineering manager.

1964

Earned Ph.D. from Stanford

Completed a Ph.D. in electrical engineering.

1984

President and COO of General Instrument

Became President and COO.

1987

Founded TSMC

Established Taiwan Semiconductor Manufacturing Company.

2005

Retired as CEO of TSMC

Stepped down as CEO but remained Chairman.

2009

Returned as TSMC CEO

Served as CEO again.

2018

Retired as Chairman of TSMC

Retired from his role as chairman.

Philanthropy & Social Impact

Education

Technical Vocational Training Initiative

Undisclosed

Partnered with LOHAS and the Yunlin County Government to provide students with resources.

Disaster Relief

Alishan Tea Plantation

Undisclosed

Established a tea plantation to help rebuild communities following Typhoon Morakot.

Business Philosophy & Leadership

Notable Quotes

"My values are: integrity, commitment, innovation and trust from customers"

Leadership Principles

Integrity

Honesty and willingness to fulfill a promise, even at a high cost.

Commitment

Dedication and loyalty to a task or an organization.

Innovation

Change.

Trust from Customers

Has to be earned, and I try to earn it by integrity and commitment.