Thursday, November 01, 2012

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

"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.'"

1 comment:

  1. Anonymous7:55 PM

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

    ReplyDelete