George Lucas Donating A Majority Of Disney’s $4 Billion To Worthy Causes
Does George Lucas need the $4 billion that he is getting from this Disney deal? Definitely not. Well, it seems that George Lucas is planning to donate the majority of the $4 billion sum that Disney are paying him for LucasFilm to good causes. A spokesperson told The Hollywood Reporter that:
“George Lucas has expressed his intention, in the event the deal closes, to donate the majority of the proceeds to his philanthropic endeavors.”
They didn’t have any details as far as where the money will end up, but the writer and director is well known for his substantial donations to causes such as the Film Foundation, Stand Up To Cancer and the Make-A-Wish Foundation. Lucas made the following statement this Wednesday:
“For 41 years, the majority of my time and money has been put into the company. As I start a new chapter in my life, it is gratifying that I have the opportunity to devote more time and resources to philanthropy.”
Well played Mr. Lucas.