In a wavelength converter converting a wavelength of light emitted from a light source and outputting an output light containing light whose wavelength is converted, which comprises a fluorescent substance dispersed in a transparent matrix, the fluorescent substance has semiconductor fine particles containing at least one univalent metal element selected from alkali metal and Ag, an element of group III in the periodic table selected from indium and gallium, and sulfur, and does not substantially contain Cd and Se. Hence, a wavelength converter having a conversion efficiency of equal to or more than that of a converter containing CdSe can be provided by using a semiconductor material formed of a highly safe composition.