George Lucas’ Net Worth (2022), Biography | Career | Private Life and more
Biography of George Lucas
Today, we all know that Star Wars is a huge film franchise, but it was extremely difficult for George Lucas to sell this film at the time. Fox Studios is said to have rejected Star Wars three times before accepting it the fourth time, when George Lucas’ American Graffiti was a success. According to reports, he was unable to secure producers for his film Star Wars. Then he cast Harrison Ford in the lead role. It was then much easier to sell the film.
You are aware that he and his films have received Oscar nominations, but few are aware that he has also won the award for worst film. George Lucas and Steven Spielberg’s friendship is well-known in the film industry. It is believed that the two initially invested heavily in each other’s films.
Furthermore, there is no evidence that George Lucas invested in Spielberg’s film. However, there is no doubt that Steven Spielberg made the initial investment in his movies. Their friendship was on display in front of the United States Congress when they both testified against Ted Turner’s company for converting old black and white films to color.
|Real Name||George Walton Lucas Jr.|
|Nick Name:||George Lucas|
|Birth Place:||Modesto, California, United States|
|Date Of Birth/Birthday:||14 May 1944|
|Age/How Old:||78 years old|
|Height/How Tall:||In Centimetres – 170 cm
In Feet and Inches – 5′ 7″
|Weight:||In Kilograms – 77 kg
In Pounds – 170 lbs.
|Eye Colour:||Dark brown|
|School:||Thomas Downey High School, Roosevelt Junior High School|
|College:||University of Southern California,(USC) School of Cinematic Arts|
|Kids/Children Name:||Amanda Lucas, Kate Lucas, Jett Lucas, Everest Hobson Lucas|
|Profession:||American film director|
|Net Worth:||$10 Billion|
You may also like Ja Rule’s Net Worth (Updated 2022), Biography | Career and more
George Lucas was born in Modesto, California, on May 14, 1944. Lucas was a car racing fanatic as a child. This interest in automobiles and motor racing led to the production of films such as American Graffiti and 1:42.08. George Lucas spent most of his time growing up near garages and racing at underground circuits.
When he was 18, an accident with his racing car could have killed him. Another driver ended up flipping his car over, causing significant damage. Despite the fact that Lucas escaped unharmed, his interest in car racing began to wane.
Later, when Lucas began college, he developed an interest in films. Canyon cinema was all the rage at the time, and George spent most of his time watching and studying classic European films from that era.
George then went on to study professional filmmaking at university. He worked with a group of people who all had a strong interest in art. It was here that he met Steven Spielberg, who went on to collaborate on the Indiana Jones franchise.
It was at this point that he discovered the other important factors that influence the overall outcome of any film, such as lighting, positioning, and the vibrant energy evident in motion pictures. George Lucas put his education to good use and went on to become the successful filmmaker he is now known for.
From 1969 to 1983, Lucas was married to film editor Marcia Lou Griffin, who won an Academy Award for her work on the original Star Wars. In 1981, they adopted a daughter, Amanda Lucas. As a single parent, Lucas adopted two more children, Katie Lucas (born 1988) and Jett Lucas (b. 1993).
His three children appeared in all three prequel films to Star Wars. In the 1980s, Lucas was also linked to singer Linda Ronstadt. After dating for seven years, Lucas married Mellody Hobson (chairwoman of DreamWorks Animation) in 2013. They exchanged vows at Lucas’ Skywaker Ranch. They have one daughter, who was born through surrogacy in 2013.
George Lucas Relationship & More
Affairs N/A Girlfriend N/A Best Friend N/A Spouse Mellody Hobson (m. 2013), Marcia Lucas (m. 1969–1983) Divorce N/A Children Amanda Lucas, Kate Lucas, Jett Lucas, Everest Hobson Lucas Father George Walton Lucas Senior Mother Dorothy Ellionore Lucas Siblings Wendy Lucas, Kathleen Lucas, Ann Lucas
Until 1967, George Lucas dedicated his time to studying and comprehending the mechanics of filmmaking. Following this, he went on to direct Electronic Labyrinth: THX 1138 4EB, which won first place at the National Student Film Festival. This became his first feature film, which was renamed THX 1138.
His next film, Finian’s Rainbow, was funded by a Warner Bros. scholarship, which allowed him to break into Hollywood. George founded his own film production company, ‘Lucasfilms,’ in 1973, and went on to direct the box office success, American Graffiti.
During this decade, George Lucas’s next work was the legendary Star Wars film. An original space adventure story with all the drama and action made it ideal for action fans. As expected, his film broke the Box Office record, which was only broken five years later by Steven Spielberg’s E.T. The Extra-Terrestrial.
George Lucas later shifted his focus from filmmaking to brand marketing. To compensate for his losses during this time, he went on to create merchandise such as toys and games. Although he wasn’t actively directing films at the time, he was writing and producing them. During this time, Star Wars was created, with numerous spin-offs to appeal to TV audiences in addition to the film.
Currently, Lucas intends to focus on small-budget feature projects rather than full-fledged blockbuster feature films. He also plans to take over the back set and “slowly pull himself away from the filmmaking business.”
George Lucas’ educational foundation was founded as a non-profit organization to encourage young filmmakers to improve their craft. Lucasfilms was sold to Disney for a whopping $4.05 billion in 2012, with a large portion of the proceeds going to charity.
George Lucas has a net worth of $10 billion dollars.
George sold the Star Wars franchise rights to Disney for $4 billion in cash and stock in 2012. Lucas received $2.21 billion in cash and 37 million shares (37,076,679) of stock, which was trading around $50 at the time. As a result, when the deal closed, he received $1.85 billion in Disney stock. Lucas receives approximately $64 million in dividend payments per year as a result of his share count and Disney’s semi-annual $0.88 dividend.
With Disney’s stock nearing $200 in March 2021, those 37 million shares were worth $7.4 billion.
The Star Wars franchise
His next film would become an even bigger hit, cementing Lucas’ status as a Hollywood film legend. Star Wars, which was made on a $11 million budget, became a global phenomenon when it was released in 1977. Lucas would spend $15 million on restoration costs for the film’s re-release decades later. Star Wars spawned two more sequels in the early 1980s, both of which were hugely successful and continued to flesh out the Star Wars universe.
Lucas directed a new Star Wars trilogy in the late 1990s and early 2000s, focusing on events that occurred before the original films. Lucas sold the rights to Disney, which resulted in the most recent sequel trilogy, as well as spinoff films and series. The epic Star Wars franchise, which has grossed well over $12 billion globally and continues to captivate audiences to this day.
The American Film Institute honored Lucas with its Lifetime Achievement Award in 2005. He has received four Academy Award nominations, including Best Director and Best Writing for both American Graffiti and Star Wars. He was awarded the Irving G. Thalberg Award by the Academy in 1991.
He became the Science Fiction Hall of Fame’s second film, television, and media contributor after Steven Spielberg in 2006. President Barack Obama presented Lucas with the National Medal of Arts in 2013 for his contributions to American cinema. In August 2015, Lucas was inducted as a Disney Legend, and later that year, he was honored at the Kennedy Center Honors.
George’s net worth is now slightly lower as a result of his philanthropic efforts. He eventually intends to donate the majority of his fortune to educational charities. His foundation now has over $1 billion in assets. He has donated millions of dollars to cancer research organizations and the Make-A-Wish foundation.
He has given more than $175 million to his alma mater, the University of Southern California. George Lucas is easily the wealthiest celebrity on the planet, even after donating billions to charity.
George Lucas Social Media Accounts
|More than 31.2K Followers||Click here|
The nearly 6,000-acre Skywalker Ranch in Marin County, California, is George’s largest real estate asset. He bought the ranch in 1978 and has spent more than $100 million transforming it into a private home, movie studio, retreat, and 300-person screening theater. A 50,000-square-foot private home, several pools, tennis courts, and other amenities are also available on the property.
Lucas has entered into a perpetual conservation easement with the Marin County Agricultural Land Trust for approximately 5,000 acres of the property. He paid $33.9 million for a 9,000 square foot home in Los Angeles’ Bel Air neighborhood in 2017.
He spent $19.5 million in 2010 on a beachfront home in Carpinteria, California (just south of Santa Barbara). He demolished the existing house and replaced it with a much larger Cape Cod-style house on the property.
George paid $28 million for the house next door in December 2019. The house next door was previously owned by Frances Morehart, who passed away in 2018 at the age of 93. His new combined beachfront footprint in Carpinteria totals more than three acres.
George Lucas didn’t succeed the first time he tried his hand at filmmaking. His current net worth of $6.4 billion did not come about overnight. George Lucas is a great name and brand in the New Hollywood Era because of his unparalleled and exclusive contributions to Hollywood.
George Lucas’ Net Worth (2022) is $10 billion.
- Roddy Ricch’s Net Worth 2022, Biography | Career | Personal Life and more
- SpotemGottem’s Net Worth (Updated 2022), Biography Income Career Cars
- What is Cardi B Net Worth?, Biography | Family | Career and more
- T-Pain’s Net Worth (Updated 2022)
- What is Akon’s net worth?