🤩 Taiwan’s Newest Billionaire
85-year-old King Slide owner Lin Tsung-chi has become Taiwan’s richest person and a major beneficiary of the AI boom.
King Slide makes drawer slides now used in AI servers. Its shares are up 280% this year, while its founder’s fortune rose to $20.2 billion after the company captured 80% of the global market.
King Slide’s margin is 87%, versus about 75% for Nvidia and 68% for TSMC.
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🤩 Taiwan’s Newest Billionaire 85-year-old King Slide owner Lin Tsung-chi has become Taiwan’s richest
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