How George Lucas Achieved a Net Worth of $5.3 Billion
When you think of George Lucas, you probably automatically think of the Star Wars film franchise. If you think a little harder, other enterprises might also come to mind. For example, he was the one that came up with the Indiana Jones franchise as well as a number of other films. Lucas is not just a filmmaker, even though he is clearly responsible for some of the most iconic films of all time. He’s also an entrepreneur. Recently, it was disclosed that he has a net worth of 5.3 billion dollars. That’s enough to make virtually anybody look at that number again and again, probably thinking that they read it wrong the first few times. If you’re wondering how it is humanly possible to achieve a net worth like this, you might be surprised how it has all come to pass.
Net Worth $5.3 Billion
Name George Walton Lucas Jr.
Born Modesto, California
Birth Date May 14, 1944
Source of Wealth American Filmmaker, Philanthropist and Entrepreneur
Country United States
As you probably already know, Lucas sold his rights to both the Star Wars and Indiana Jones franchises to Disney a few years ago. At the time it happened, the news shocked most fans because he always seemed to be so involved in everything when it came to these two film franchises. As a result, people weren’t really expecting him to agree to sell the rights to either of them to anyone else. Nevertheless, he chose to do exactly that. Furthermore, that decision means that he basically has nothing to say about what happens in either franchise, now or at any point in the future.
If you’re wondering what any of this has to do with his net worth, it’s directly tied to it. In fact, for all the money he’s made over the years through both Star Wars and Indiana Jones, the overwhelming majority of his current net worth is because of his decision to sell the rights of both franchises to Disney. In order to get those rights, the company paid a whopping 4.05 billion dollars, making up the vast majority of the money Lucas now has.
As far as the rest of it goes, it’s mostly due to money he makes from his company, Industrial Light & Magic, as well as other Lucasfilm projects. Believe it or not, some of that money is left over from royalties and merchandise that was sold relating to Star Wars and Indiana Jones before he sold out to Disney. One thing is certain, this is a man that is definitely not hurting for money. Thanks to his entrepreneurial endeavors, he also has the two aforementioned companies that he can still use to make money in the future. Perhaps his decision to sell the rights to his most famous film franchises was the right call after all, at least from a financial standpoint.
That being said, many die-hard Star Wars and Indiana Jones fans still worry about what will ultimately happen to these franchises now that they’re in the hands of someone else that doesn’t necessarily share the same vision that Lucas had when he started them. The fact that so many movies are being added to both franchises is enough to make a lot of fans both excited and weary at the same time. Regardless of what happens with either franchise, Lucas himself isn’t going to make a dime from any of it. That was part of the deal when he sold it all to Disney. However, it certainly doesn’t stop him from going out and finding something else to work on. Who knows, he might eventually come up with something that will one day rival one or even both of these film franchises in popularity.
The truly remarkable thing about George Lucas is that he’s capable of coming up with ideas that are original, interesting and woven together in a way that allows fans to identify with the characters he comes up with. There’s no doubt that he’s creative. That means he’ll probably be adding to his net worth as he continues to create more projects down the line. While it’s hard for any person that truly loves Star Wars or Indiana Jones to think about falling in love with a different franchise that doesn’t have anything to do with either one of these, it just might happen, especially if George Lucas is at the helm.