Thursday, November 01, 2012

"George Lucas Is Giving All $4 Billion of His Disney Money to Charity"

Unless I misread the story, the headline is wrong. Lucas said he would donate the majority to his philanthropic endeavors, not all of it.

"By the end of the year, the $4.05 billion sale of Lucasfilm to Disney should be finalized. And since George Lucas owns 100 percent of his company - which has little to no debt - all that money goes to him. After that, Lucas plans to quickly put the bulk of the money into a foundation which will primarily focus on educational issues, a spokesperson for Lucasfilm tells THR. 'George Lucas has expressed his intention, in the event the deal closes, to donate the majority of the proceeds to his philanthropic endeavors.'"


Anonymous Anonymous said...

Now he can build the Jedi Academy he's always wanted to build.

7:55 PM  

Post a Comment

Subscribe to Post Comments [Atom]

Links to this post:

Create a Link

<< Home