What is George Lucas Net Worth As of 2021?
Before elaborating on George Lucas Net Worth, Lucas is an American film director, producer, and screenwriter. He presented two series, which are the most famous during his career, namely Star Wars and Indiana Jones, with which he achieved many awards. He served as Chairman of Lucasfilm before it was sold to Walt Disney in 2012.
Lucas movies are among the 100 highest-grossing films at the box office in America making him one of the most successful filmmakers in history. George Lucas Net Worth is $7.4B, and in this article, we will be depicting more details about his net worth, career, and life.
Here We Go!
George Lucas Early life
Director George Lucas was born in 1944 in California, his parents were in the office supply retail trade and owned a walnut farm in California. Lucas grew up in the California suburbs which inspired him in his 1973 movie American Graffiti.
He studied at Southern California University’s Institute of Filmmaking and directed the science fiction film Electronic Labyrinth: THX1138.
George Lucas’ Career
The science-fiction movie Electronic Labyrinth: THX1138 was Lucas’s first work, and then the work moved on to his 2nd project, American Graffiti, which was released in 1973, the cost of the film was about $ 780,000 while it raised more than $ 100 million locally, and it was nominated for five Oscars Including Best Picture, Best Screenplay, and Best Lucas Director.
In 1977 he released a complete series under the title Star Wars, a children’s series that includes a part of the fairy tales in addition to the part Flash Gordon and a group of fantasy and adventure parts that present an image for the protectors of outer space. The film was made with $ 11 million in net worth of $ 513 million worldwide throughout its original run.
As of 2008, Lucas presented the final installment of the Indiana Jones series, and this movie was one of the most important works of that year.
In early 2012, he worked as a producer in a different kind of action movie, Red Tails, a WWII drama, and he had the last epic work for Lucas, where he announced that he had retired from the huge production business in order to try to discover the smaller works, and because of that he decided to sell His company, Lucasfilm, to the Walt Disney Company, where he received a 40% stake in the Walt Disney Company in 2012, and in return, Disney won the privileges to continue the production of the most famous movie, Star Wars, as it released Star Wars: The Force Awakens in December December 2015.
George Lucas Net Worth as of 2021
In 2012, Lucas sold Lucasfilm to The Walt Disney Company for $ 4.05 billion.
That same year, he sold the Star Wars franchise to Disney for $ 4 billion in cash and shares. Lucas received $ 2.21 billion in cash and 37 million shares of stock. At the time of closing the deal, he had received $ 1.85 billion worth of Disney shares. Their equity value grew to $ 7.4 billion in March 2021.
It was widely reported at the time that Lucas intended to give the majority of his earnings to charity.
As of 2021, George Lucas net worth is $7.4B, which makes him one of the wealthiest celebrities in the world, and the richest person in the entertainment industry.
The net worth of George Lucas over the years:
- $7.4B (April 2021)
- $4.6B (َApril 2020)
- $6.2B (October 2019)
- $5.4B (October 2018)
- $5B (October 2017)
- $4.6B (October 2016)
Other Ventures: George Lucas founded THX, Skywalker Sound, Industrial Light, Magic, and LucasArts as subsidiaries of his parent company Lucasfilm Ltd. These companies specialize in making movies and games and developing new graphics and sound technologies.
George Lucas Real Estate Assets
George Lucas owns many real estate assets, the largest of which is Skywalker Farm in Marin County, California, and he bought it in 1978. The farm has an area of 6000 acres and includes a private home of 50,000 square feet, several swimming pools, tennis courts, and more. He spent more than $ 100 million converting the property into a private home, film studio, sanctuary, and theater with a capacity of 300 people.
In 2010, George spent $ 19.5 million on a beachfront home in Carpinteria, California, and in December 2019, he spent $ 28 million buying the next-door home.
He bought a 9,000-square-foot home for $ 33.9 million in the Bel-Air neighborhood of Los Angeles in 2017.
George Lucas Philanthropy
Lucas eventually plans to donate most of his net worth to charity as part of an effort called The Giving Pledge led by Bill Gates and Warren Buffett.
He has donated millions to causes supporting cancer research and the Make-A-Wish Foundation. He donated more than $ 175 million to his alma mater, the University of Southern California.
In addition, to that he founded, the George Lucas Educational Foundation was established as a non-profit operating organization to celebrate and encourage innovation in schools in 1991, the content of the Foundation is available under the Edutopia brand.
In addition, Lucas donated $ 1 million to help build the Martin Luther King Jr. memorial at the National Mall in Washington, DC.
Geroge Lucas Personal life
Lucas was married to film editor Marcia Lou Griffin from 1969 to 1983. The couple adopted a daughter, Amanda Lucas, in 1981, and Lucas adopted two more children as a single parent – Katie, born in 1988, and Jet, born in 1993.
In January 2013, Lucas announced his engagement to Mellody Hobson, president of Ariel Investment, as they had been dating for five years before they announced their engagement. They married the same year at Skywalker Ranch in Marin, California, and soon after received their daughter, Everest.