King Slide Founder Becomes Taiwan’s Richest Person Thanks to AI Servers

The founder of Taiwanese company King Slide Works, Lin Tsung-chi, has topped the list of Taiwan’s richest people with a personal net worth exceeding $20 billion. The 85-year-old entrepreneur’s rapid surge in wealth stems from manufacturing high-precision server rails essential for mounting heavy server racks for Nvidia and cloud data centers.

The company’s stock has surged nearly 280% since the beginning of 2026.

From Furniture Hinges to a Monopoly in Nvidia Servers

Founded in 1986, the company started as a traditional furniture hardware maker, producing hinges and drawer slides for kitchen cabinets. Its expansion into the server market began in 2001 with a Compaq contract, after which the Taiwanese manufacturer became a key partner for IBM, Dell, Nvidia, and major hyperscalers.

Today, server components generate 97.87% of King Slide’s total revenue, and the company controls between 70% and 80% of the global market for high-performance neural network training servers (with some analysts estimating its share in top-tier AI racks exceeds 90%).

Why Server Rails Have Become Mission-Critical

Modern AI servers weigh hundreds of kilograms due to dozens of GPUs, copper heatsinks, liquid cooling loops, and heavy power supplies. The metal rails must support immense weight, maintain structural integrity over thousands of cycles, ensure unblocked airflow, and allow technicians to safely slide out computing units worth hundreds of thousands of dollars for maintenance.

Through decades of engineering research, King Slide has registered more than 3,600 patents for ball-bearing slides and fully automated its factories, building a high technology barrier to entry for competitors.

87% Gross Margins and Taiwan’s Richest Person Status

According to The Wall Street Journal, King Slide’s gross margin reached a record 87% for physical manufacturing, outstripping the profitability of most software developers.

As reported by business publication Taipei Times, the company’s Q2 revenue jumped 156%, while July net profit surged 321%.

According to Forbes estimates, Lin Tsung-chi’s personal net worth reached $20.2–$20.3 billion. To meet global demand from new AI clusters, the company is accelerating construction of a new plant in Texas alongside expanding its manufacturing capacity in Taiwan.