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Billionaire Profile
Trae Stephens
Global Rank
#3391

Image: TechCrunch | CC BY 2.0 | via Wikimedia Commons

Trae Stephens

CEO, Defense technology
San Francisco, California
Real-Time Net Worth
$1.00B
Estimated based on Defense technology stock value as of September 10, 2026
0% (24h)
Age
42
Source
Defense technology
Industry
Technology
Citizenship
United States

Biography

Trae Stephens is an American entrepreneur, venture capitalist, and the Executive Chairman of Anduril Industries, a defense technology company, where he is a co-founder. His net worth of $1.0 billion stems from his work in defense technology and his role as a partner at Founders Fund, a venture capital firm. Stephens has been a significant figure in bringing military technology into the venture capital sector and previously worked at Palantir Technologies. He graduated from Georgetown University's School of Foreign Service, and is known for his devout Christian faith and his active role in the tech community.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$1.00B
2025$1.00B
2024$1.00B

Portfolio Holdings

Anduril Industries

Anduril Industries

technology
$1.00B
Holdings Value
Ownership
3%
Market Cap
$30.5B
Revenue
$2.10B
Costa Mesa, California
7,000 employees
Founded 2017

In-Depth Profile

Early Life

Trae Stephens was born in November 1983 and grew up in Lebanon, Ohio. His interest in national security was sparked by the events of September 11th. He pursued higher education at Georgetown University's School of Foreign Service, graduating in 2005 with a degree in Regional and Comparative Studies (Middle East). During his time at Georgetown, Stephens gained early experience in government and international affairs, including internships with a Republican congressman and at the Embassy of Afghanistan.

Rise to Success

Stephens began his career in the U.S. Intelligence Community as a computational linguist. In 2008, he joined Palantir Technologies, where he led teams focused on growth in the defense and intelligence sector. In 2014, Stephens became a partner at Founders Fund, a venture capital firm led by Peter Thiel. He co-founded Anduril Industries in 2017 with Palmer Luckey and others, a defense technology company that quickly grew. In June 2025, after a mega funding round, Stephens became a billionaire.

Key Business Strategies

Stephens's success is attributed to his early recognition of the potential in defense technology. At Anduril, his focus on autonomous systems and AI-driven defense hardware has allowed the company to secure significant contracts with the Department of Defense. Stephens's deep connections in the venture capital world, especially through Founders Fund, have also been instrumental in funding and scaling Anduril.

Philanthropy

Information regarding Trae Stephens' specific philanthropy amounts could not be found through the search results.

Career Milestones

2005

Graduated from Georgetown University

Graduated from the School of Foreign Service at Georgetown University.

2008

Joined Palantir Technologies

Became an early employee, leading teams in the defense and intelligence sector.

2014

Partner at Founders Fund

Focused on investments in startups in government and defense technology.

2017

Co-founded Anduril Industries

Co-founded defense technology company.

2025

Became a Billionaire

Achieved billionaire status after a major funding round for Anduril Industries.

Business Philosophy & Leadership

Notable Quotes

"“I think that's just the wrong way to think about it,” he said. “We should be preparing students to understand that this is an iterative process.”"

Leadership Principles

Mission-driven work

Stephens emphasizes the importance of combining technological innovation with a deep sense of purpose.

Bridge Builder

Ambition to be a bridge builder between Silicon Valley, middle America, and dealmakers at the Pentagon.

Controversies & Challenges

2024

Sanctions by the Chinese Government

Anduril and its executives were sanctioned by the Chinese government due to arms sales over Taiwan.

Billionaires Connected to Trae Stephens

Peers in Technology

All Technology billionaires

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Trae Stephens's net worth in 2026?
As of 2026, Trae Stephens's estimated net worth is $1 billion, ranking #3391 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Trae Stephens make their money?
Trae Stephens's wealth primarily comes from Defense technology, most notably through Defense technology.
Where is Trae Stephens from?
Trae Stephens is from United States.
How old is Trae Stephens?
Trae Stephens is 42 years old.

Sources & References

  1. Trae Stephens — Forbes profile Forbes