Millionaire neighbors protested George Lucas’ plans to build a movie studio on his property due to the possibility of increased traffic hurting their quality of life. Lucas got revenge by abandoning the studio project and planning to use his land to build 224 affordable homes.
George Lucas was fined $250,000 and “The Empire Strikes Back” was nearly pulled from theatres because he put screen credits at the end of the movie (which was rare) to preserve the dramatic opening sequences.
George Lucas tried to be an officer in the US Airforce but was rejected because he had too many speeding tickets.
In 1977, 20th Century Fox had so little faith in the “Star Wars” franchise that they gave away all of the movie licensing and merchandising rights to George Lucas in exchange for his $500,000 directorial fee. In 2014, the overall value of the franchise was estimated at $37 billion.
George Lucas built his $4 Billion ‘Star Wars’ empire by accepting a salary of $125K instead of $1M in the first Star Wars movie, but keeping the right to direct sequels and licensing (sell toys, posters, T-shirt, etc.)
In 2010 George Lucas said “I’m dedicating the majority of my wealth to improving education. It is the key to the survival of the human race.” Two years later, Lucas sold Lucasfilm Ltd. to Disney for $4.05B and donated the proceeds to a charity that focuses on education.
In 2010 George Lucas said “I am dedicating the majority of my wealth to improving education. It is the key to the survival of the human race.” Two years later, Lucas sold Lucasfilm Ltd. to Disney for 4.05 billion dollars and donated the proceeds to a charity that focuses on education.
15 billionaires and multimillionaires, including George Lucas and Jackie Chan, plan to give their fortunes to charity instead of their children.
George Lucas paid the entire $33 million production fee for Star Wars V himself, taking out a loan from the bank. He made his money back in three months, and Star Wars V went on to gross over half a billion dollars, making it the most successful independent film of all time.