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Chang
Morris Chang
Rank #395
TAIWANTechnologySemiconductors

Morris Chang

Net Worth
$8.863B
0% (24h)
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.

The Full Dossier

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 Timeline

2018

Retired as Chairman of TSMC

Retired from his role as chairman.

2009

Returned as TSMC CEO

Served as CEO again.

2005

Retired as CEO of TSMC

Stepped down as CEO but remained Chairman.

1987

Founded TSMC

Established Taiwan Semiconductor Manufacturing Company.

1984

President and COO of General Instrument

Became President and COO.

1964

Earned Ph.D. from Stanford

Completed a Ph.D. in electrical engineering.

1958

Joined Texas Instruments

Rose to engineering manager.

1955

Joined Sylvania Semiconductor

Began his career in the semiconductor industry.

Philanthropic Impact

EducationUndisclosed

Technical Vocational Training Initiative

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

Disaster ReliefUndisclosed

Alishan Tea Plantation

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

Wealth Trajectory