Billionaire Profile
Trae Stephens
Global Rank
#3122

Image: Public domain | via Wikimedia Commons

Trae Stephens

CEO, Anduril Industries
US
Real-Time Net Worth
$1B
As of December 2025
Age
42
Source
Defense technology
Industry
technology
Citizenship
US

Biography

Trae Stephens is an American venture capitalist and technology entrepreneur. He is the co-founder and executive chairman of Anduril Industries, a defense technology company, and a partner at Peter Thiel's Founders Fund. His career includes early work in the U.S. Intelligence Community as a computational linguist, followed by a significant role at Palantir Technologies. Stephens is known for his work at the intersection of technology and national security, and has achieved a net worth estimated to be $1.0 billion, stemming from his leadership at Anduril Industries. He is a devout Christian.

Wealth Over Time

In-Depth Profile

Early Life

Trae Stephens was born in November 1983 in Ohio. He was inspired to pursue a career in national security after the September 11 attacks, which occurred when he was a senior in high school. Stephens attended Georgetown University's School of Foreign Service, focusing on Arabic and Security Studies. He earned a degree in Regional and Comparative Studies (Middle East) in 2005. During his college years, he gained experience in government and international affairs, interning in the office of Republican Congressman Rob Portman and at the Embassy of Afghanistan in Washington, D.C.

Rise to Success

After graduating from Georgetown, Stephens began his career as a computational linguist within the U.S. Intelligence Community. In 2008, he joined Palantir Technologies as an early employee. At Palantir, he led teams focused on expanding the company's business in the defense and intelligence sectors, as well as international growth. In 2014, Stephens became a partner at Founders Fund, where he focused on investments in startups in the government and defense technology sectors. He co-founded Anduril Industries in 2017 with Palmer Luckey, the founder of Oculus VR, and other former Palantir colleagues.

Key Business Strategies

As the executive chairman of Anduril, Stephens has focused on applying Silicon Valley's rapid iteration and software-first strategies to defense technology. Anduril has secured significant contracts with the Department of Defense and allied nations. Stephens is also involved in Sol, a startup making eyeglasses with Kindle-style lenses for "immersive reading". He is also a co-founder of Varda Space Industries.

Philanthropy

Information on Trae Stephens's specific philanthropic contributions could not be found through search. However, his wife, Michelle Stephens, founded a Christian nonprofit called ACTS17, which ministers to elites.

Career Milestones

2005

Graduated from Georgetown University

Earned a degree in Regional and Comparative Studies (Middle East).

2008

Joined Palantir Technologies

Became an early employee, leading teams focused on growth in the intelligence/defense space and international expansion.

2014

Partner at Founders Fund

Focused on investments in government and defense technology startups.

2017

Co-founded Anduril Industries

A defense technology company focused on autonomous systems.

2025

Became a Billionaire

Achieved billionaire status after Anduril's $30 billion valuation.