Morris Chang
Semiconductors · Hsinchu
Net worth
$9.5B
Today
+$418M+4.60%Past month
−$875M−8.43%As of Nov 11, 2026, 1:50 PM EST
Morris Chang founded Taiwan Semiconductor Manufacturing Co. (TSMC), one of the world's largest manufacturers of semiconductors. He retired from the chairman's post in 2018. Chang worked for a quarter-century at Texas Instruments and then joined the Taiwan research body that spun off TSMC. TSMC customers include Apple, Nvidia and Qualcomm. TSMC is building a $165 billion site with three chip plants in Phoenix, Arizona. The first plant began production in 2024 and the other two for more advanced chips will come onstream by 2028 and 2030. In 2024, TSMC also broke ground on a factory in Dresden, Germany, its first in Europe. The company committed $3.8 billion for a 70% stake in the joint venture.
Net worth over time
Principal holdings
2 positions| Company | Industry | Share | Value |
|---|---|---|---|
Taiwan Semiconductor Manufacturing TAIWAN: 2330-TW | Technology | 91.3% | $8.7B |
Private and other holdings | Technology | 8.7% | $824M |
Also known for
- His degrees from MIT are in mechanical engineering and his Ph.D. from Stanford is in electrical engineering.
- Chang founded TSMC in 1987; a decade later the company became the first Taiwanese firm to trade on the New York Stock Exchange.

