George Lucas Net Worth – How much Money will He Make?
His net worth is $10 billion. George Lucas is a director, writer, producer and businessman. As a director, screenwriter, producer, and entrepreneur, he’s well-known. The Star Wars and Indiana Jones film franchises, which have grossed more than $12 billion worldwide, are two of his best-known works. He and his brother founded the production company Lucasfilm and the special effects firm Industrial Light and Magic, both of which he now runs with them.
According to Forbes, George Lucas is not only the wealthiest celebrity in the world, but also the richest filmmaker and the richest individual in the entertainment industry.
At least half of his wealth will be donated to charity before or at the time of his death, as he has pledged in the charitable “Giving Pledge.”
Disney’s sale of Lucasfilm to George Lucas
For a total of $4 billion in cash and stock, George Lucas announced earlier this year that he had sold the Star Wars franchise to Disney. At the time of the deal, Lucas received $50 worth of stock in addition to the $2.21 billion in cash he received from Google. As a result, he received Disney stock worth $1.85 billion at the end of the transaction. Due to his Disney stock holdings and the semi-annual $0.88 dividend payment, Lucas receives around $64 million in dividend payments each year.
When Disney’s stock price was nearing $200 a share in March 2021, the value of 37 million shares rose to $7.4 billion.
George Lucas’s Childhood
He changed his mind about a racing career after being broadsided by another driver in high school, which could have been catastrophic. On May 14, 1944, he was born in Modesto, California, and graduated from high school there in 1959. Lucas’s father wanted George to work for him in his father’s stationery store after he graduated from high school.
George, on the other hand, was determined to become a millionaire by the time he was 30 and left home with that goal in mind.
Lucas developed a love for photography and filmmaking while attending Modesto Junior College. In the beginning, he used an 8 mm camera to record car races and other events.
As a result of his friendship with fellow filmmaker Steven Spielberg at USC, he continued his education there. He was awarded a student fellowship from Warner Brothers during his postgraduate studies. First feature-length film: THX 1138 4EB, released in 1971, was developed from his 1967 student film, Electronic Labyrinth 4EB.
American Graffiti, which received five Academy Award nominations and made $115 million domestically and $140 million worldwide despite its poor critical reception, was a launching pad for a more successful effort. It is widely regarded as one of the most profitable films ever made despite the fact that it was shot for just $777,000. American Graffiti
George Lucas, The saga of the Star Wars universe
He would go on to have an even bigger hit with his next film, which cemented his status as a Hollywood cinema legend. On a budget of just $11 million, Star Wars became an international phenomenon when it was released in 1977. It was decades later that Lucas would fork over $15 million to restore the film for a re-release. Additional Star Wars films, both hugely successful, were released in the early 1980s, further expanding the Star Wars mythos.
There is a second trilogy of Star Wars films directed by George Lucas which takes place before the events depicted in the original trilogy of films. After Lucas sold the rights to Disney, the most current sequel trilogy, as well as offshoot films and television shows, were created. For nearly four decades, the Star Wars brand has enthralled audiences around the world, earning more than $12 billion in worldwide profits.
Other Films by George Lucas
Even though he only directed six films, George Lucas was involved in numerous other projects as a producer, executive producer, and writer. His filmography includes such classics as Body Heat (1981), Labyrinth (1986), The Land Before Time (1988), and the Indiana Jones films.
As for his second film franchise, The Hunger Games, it was this one that saw him re-capture the public’s imagination. Indiana Jones was the result of a collaboration between Lucas and Star Wars actor Harrison Ford for the third time. Director Steven Spielberg, a well-known name in Hollywood, will join him on the project. Approximately $2 billion in box office revenue has been generated as a result of this collaboration.
THX, Skywalker Sound, ILM, and LucasArts are all subsidiaries of his parent company, Lucasfilm Ltd., which he established to further his vision. With their cutting-edge graphics and sound technologies, these companies have established new benchmarks in filmmaking and gaming, which continue to captivate audiences while pushing the boundaries of what is possible and enhancing the overall experience.
Lucas’ Private Life
Film editor Marcia Lou Griffin had been Mr. Lucas’s wife for nine years (1969-1983). (who was nominated for an Academy Award for her editing work on the first Star Wars). Amanda Lucas was born to the couple in 1981. Katie Lucas (b. 1988) and Jett Lucas (b. 1992) were adopted by Lucas as a single parent (b. 1989). Lucas is the father of three children (b. 1993).
He directed all three of the Star Wars prequels, in which they all appeared. Lucas was also romantically linked to singer Linda Ronstadt for a time in the 1980s. Lucas and Mellody Hobson, the chairwoman of DreamWorks Animation, married in 2013 after a seven-year courtship. The ceremony and reception took place at Lucas’ Skywaker Ranch. In 2013, they had a surrogate baby girl, who was born in 2013.
Property of George Lucas!
George’s most prized possession is the nearly 6,000-acre Skywalker Ranch in Marin County, California. In 1978, he purchased the ranch and invested more than $100 million in transforming it into a private residence, movie studio, retreat centre, and screening theatre with seating for up to 300 people.
Among the many features of the property are a 50,000-square-foot private mansion with multiple swimming pools and tennis courts. The Marin County Agricultural Land Trust has committed around 5,000 acres of the property’s land to a perpetual conservation easement, which will safeguard the land for generations to come.
According to the Los Angeles Times, he paid $33.9 million in 2017 for the 9,000-square-foot home he designed himself in the Bel Air neighbourhood of Los Angeles.
In 2010, he invested $19.5 million in the construction of a beachfront home in Carpinteria, California. Near Santa Barbara, in fact. The original house was demolished and replaced with a much larger Cape Cod-style structure on the plot by the new owner. In December of this year, George paid $28 million for the house next door. A woman named Frances Morehart lived in the house next door before her, and she passed away in 2018 at the age of 93. More than three acres front the ocean in Carpinteria, California.
