Taiwan’s richest see wealth jump 56% to $308B as AI and semiconductors drive market surge

Taiwan’s 50 richest individuals saw their combined wealth rise 56% to a record $308 billion, fueled by booming demand in AI and semiconductor sectors. Jason and Richard Chang of ASE Technology Holding topped the list for the first time with a $22.4 billion fortune, benefiting from strong semiconductor exports and AI-driven market growth. The Taiwan stock market more than doubled in value over the past year, reflecting robust economic growth and investor enthusiasm around AI technologies. Newcomers and returning tycoons mainly come from semiconductor and AI-related businesses, highlighting the sector's central role in Taiwan’s wealth expansion.