BillionaireNet
Chang
Morris Chang
Rank #619
TAIWANtechnologySemiconductors

Morris Chang

Net Worth
$6.065B
+1.33% (24h)
Morris Chang, born in Ningbo, China, in 1931, is a Taiwanese-American billionaire and a pivotal figure in the semiconductor industry. He is the founder of Taiwan Semiconductor Manufacturing Company (TSMC), the world's first dedicated semiconductor foundry. Chang earned degrees from MIT and Stanford, and he began his career in the semiconductor industry in 1955. His career included positions at Texas Instruments and General Instrument. Chang's leadership at TSMC propelled the company to become a global leader, significantly impacting Taiwan's economic growth. As of November 2025, his net worth is estimated at $6.1 billion.

The Full Dossier

Early Life

Morris Chang was born in Ningbo, China, on July 10, 1931. He moved to the United States in 1949 and attended Harvard University before transferring to the Massachusetts Institute of Technology (MIT), where he earned Bachelor's and Master's degrees in mechanical engineering. He later received 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. He then joined Texas Instruments in 1958, where he spent 25 years, rising to the position of group vice president responsible for the company's worldwide semiconductor business. In 1984, Chang became the president and chief operating officer of General Instrument Corporation.

In 1985, he was recruited by the Taiwanese government to head the Industrial Technology Research Institute (ITRI). In 1987, Chang founded Taiwan Semiconductor Manufacturing Company (TSMC), which pioneered the pure-play foundry business model. Under his leadership, TSMC became the world's largest dedicated semiconductor foundry and a cornerstone of Taiwan's economy. He served as CEO of TSMC from 1987 to 2005 and as chairman until 2018.

Key Business Strategies

Chang pioneered the foundry model, allowing companies to focus on chip design without investing in manufacturing facilities. This strategy enabled the growth of numerous fabless semiconductor companies. He also focused on cutting-edge process technologies, leading TSMC to become the first to market with advanced manufacturing capabilities.

Philanthropy

Chang's wife, Sophie Chang, is the chairperson of the TSMC Charity Foundation, which participates in various non-profit initiatives in Taiwan. Specific details about the total amount of his philanthropy are unavailable in the provided sources.

Career Timeline

2018

Retired from TSMC

Stepped down as Chairman of TSMC.

1987

Founded TSMC

Established Taiwan Semiconductor Manufacturing Company, pioneering the dedicated foundry model.

1985

President of ITRI

Led the Industrial Technology Research Institute in Taiwan.

1984

President and COO of General Instrument Corporation

Took on leadership role.

1964

Earned PhD from Stanford University

Obtained a doctorate in Electrical Engineering.

1958

Joined Texas Instruments

Rose through the ranks to become Group Vice President.

1955

Joined Sylvania Semiconductor

Began his career in the semiconductor industry.

Philanthropic Impact

Community DevelopmentN/A

TSMC Charity Foundation

Supports various non-profit initiatives in Taiwan

Wealth Trajectory