Stephen Miller — Homeland Security Advisor with Palantir and Amazon Holdings
Deputy Chief of Staff for Policy and Homeland Security Advisor, White House. Previously Senior Advisor to the President (2017-2021). Architect of family separation policy, Muslim ban, and current mass detention/deportation strategy.
Founder of America First Legal Foundation (AFL). Founder of Rushmore Ventures Inc. (consulting). Holds $100K-$250K in Palantir stock and $100K+ in Amazon stock across multiple accounts. Sold $100K-$250K Palantir position in Aug 2025.
Stephen Miller serves as Deputy Chief of Staff for Policy and Homeland Security Advisor at the White House – the single most influential figure in shaping U.S. immigration enforcement policy. His disclosed net worth is $1.8M (asset range $1.8M-$4.8M+). Miller is the architect of the administration’s mass deportation strategy, and he holds significant financial positions in the companies that profit from executing that strategy.
Conflict of Interest
Miller holds $100K-$250K in Palantir Technologies (PLTR) stock while serving as the policy architect who drives demand for Palantir’s products. Palantir’s ICM (Investigative Case Management) and FALCON systems are the backbone of ICE enforcement operations – the very operations Miller designs and directs from the White House. Every enforcement surge, every expansion of detention capacity, every new deportation initiative increases the value of Palantir’s DHS contracts and, by extension, Miller’s personal holdings.
He also holds $100K+ in Amazon (AMZN) stock across multiple accounts ($50K-$100K in at least two accounts, plus additional positions of $15K-$50K and $1K-$15K). Amazon Web Services provides cloud infrastructure to DHS and ICE.
Miller founded America First Legal (AFL) before returning to government. AFL actively litigated to expand immigration enforcement powers – legal outcomes that directly benefit the contractors in which Miller holds stock.
On August 14, 2025, Miller executed a bulk sale of 25 positions totaling over $1M, including his $100K-$250K Palantir position and $100K-$250K in Amazon stock. This came months after taking office.
Financial Disclosures
Per OGE filing (ProPublica Trump Town):
- Total asset range: $1.8M-$4.8M+
- Net worth: $1.8M disclosed
- Palantir Technologies (PLTR): $100K-$250K (held; sold $100K-$250K on 2025-08-14)
- Amazon (AMZN): $50K-$100K (multiple accounts); sold $100K-$250K and $1K-$15K on 2025-08-14
- U.S. Bank (Cash): $250K-$500K
- CrowdStrike (CRWD): Sold $100K-$250K (2025-08-14)
- GE Aerospace (GE): Sold $100K-$250K (2025-08-14)
- Intel Corp (INTC): Sold $100K-$250K and $15K-$50K (2025-08-14)
- Blackstone Group (BX): Sold $50K-$100K (2025-08-14) – Blackstone has detention-adjacent real estate investments
- Morgan Stanley fund (MGGIX): $1K-$15K (flagged conflict)
- America First Legal: undisclosed (former role)
- Rushmore Ventures Inc.: undisclosed (former consulting firm)
- 82 total holdings, 25 transactions, 3 outside roles
Significance
Miller is not merely an investor in the detention pipeline – he is its architect. As Homeland Security Advisor, he sets the enforcement priorities that determine how many people ICE arrests, how many beds are needed, and how aggressively Palantir’s tools are deployed. His $100K-$250K Palantir holding represents a direct financial stake in the outcomes of his own policy decisions. This is the most structurally significant conflict of interest in the detention-industrial complex: the person who creates the demand for detention is personally invested in the company that sells the surveillance tools that enable it. His delayed divestiture (not until August 2025, seven months into the term) means he held these positions during the critical early months when detention expansion policy was being formulated and executed.