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George Lucas is America's wealthiest celebrity. From a California real-estate portfolio to making 'hobby movies,' see how the 'Star Wars' creator built and spends his $6.4 billion fortune.
George Lucas is America's wealthiest celebrity. From a California real-estate portfolio to making 'hobby movies,' see how the 'Star Wars' creator built and spends his $6.4 billion fortune.
Filmmaker George Lucas almost didn't become rich or famous - at least by Hollywood standards.
He dreamed of being a race car driver, but that all came to a halt after a car crash, according to a 1979 profile of Lucas in The Atlantic. Inspired by a cinematographer he had built a racing car for, Lucas enrolled in film school.
He went on to helm one of the biggest franchises of all time - "Star Wars" - and co-create another box-office franchise, "Indiana Jones." The director, screenwriter, and producer has been nominated for an Academy Award four times. He's also accumulated an estimated net worth of $6.4 billion, according to Forbes.
Lucas is currently married to his second wife, Mellody Hobson, with whom he has one biological child. He also adopted three children during his first marriage and as a single parent.
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Lucas has a reputation for being quiet on the media front, so not much is known about how he spends his fortune. However, he has cultivated a California real-estate portfolio, including Skywalker Ranch, and donates a lot of his money to charity. A representative for Lucas declined to comment on Lucas' personal finances when reached by Business Insider.
Here's how Lucas, now semi-retired, accumulates and spends his billions.
The following year, Lucas directed coming-of-age film "American Graffiti" — one of the most profitable movies of all time. Made on a budget of $777,000, it earned $140 million in revenue.
But Lucas is most well-known for creating the "Star Wars" trilogy. The first installment, "A New Hope," was released in 1977. It's grossed a total of $621 million worldwide.
In the late 1990s and early 2000s, Lucas returned to "Star Wars" with a prequel trilogy: "The Phantom Menace," "Attack of the Clones," and "Revenge of the Sith."
And these figures are only for the original films. The original, special editions, re-issues, or 3D versions of the "Star Wars" franchise have collectively grossed a total of $9.4 billion worldwide. That's an average of $558 million per movie.
But the cinematic arm of the "Star Wars" franchise isn't what really made Lucas rich.
Convinced the original "Star Wars" would be a flop, Fox (the film's distributor) let Lucas give up an additional $500,000 in directing fees in exchange for ownership of licensing and merchandising rights.
That turned out to be a strategic move for Lucas. In 1978, the year following the first "Star Wars," more than 40 million "Star Wars" figures sold for gross sales of $100 million-plus.
But "Star Wars" isn't the only movie franchise Lucas is known for — he also created the "Indiana Jones" series with his good pal and fellow filmmaker Steven Spielberg.
Released from 1984 to 2008, the series consists of four installments: "Raiders of the Lost Ark," "Indiana Jones and the Temple of Doom," "Indiana Jones and the Last Crusade," and "Indiana Jones and the Kingdom of the Crystal Skull."
Lucas has also expanded his scope outside the two franchises. He has a number of other producer credits, from Jim Henson's "Labyrinth" to the animated film "The Land Before Time."
He's also helped Lucasfilm pioneer techniques in special effects, sound, and computer animation, from THX Ltd. and Skywalker Sound to Industrial Light and Magic. The latter is one of the most successful companies in the industry.
He uses the land as a retreat, and as work and studio space — it includes the 153,000-square-foot Technical Building, which features 10 stages, multiple design and editing suites, and a 300-seat theater.
The estate includes a fitness center with racquetball courts and a swimming pool. There's also a movie theater, several screening rooms, and mostly underground parking.
In 2012, Lucas donated land he owned in San Anselmo to the San Anselmo Chamber of Commerce. It was turned into the 8,700-square-foot Imagination Park, which features statues of Yoda and Indiana Jones.
Since semi-retiring, Lucas is focusing on experimental movies, he told The Telegraph. "I'm finishing all my obligations and I'm going to retire to my garage with my saw and hammer and build hobby movies," he said.
But he's also focusing more on his philanthropy efforts. In 2012, he announced that he planned to donate most of the $4 billion Disney sale to charity for education.
The move wasn't a surprise, considering that Lucas has always been philanthropically inclined. He signed The Giving Pledge in 2010, promising to donate the majority of his wealth to improving education.
In 2015, the foundation donated more than $64 million to over 200 organizations, from wildlife initiatives and refugee aid to inner-city youth support and various museums.
In 2017, Lucas announced plans to build the $1 billion non-profit Museum of Narrative Art in Los Angeles. That includes building costs, his art, and a $400 million endowment.
Lucas has a reputation for being media-shy, according to an interviewer who described him as communicative. Jim Windolf of Vanity Fair called him "a very soft-spoken billionaire."
But he was never in it for the fame or the money. "After interviewing him twice and watching his movies repeatedly, I'm convinced he's driven by a huge, restless imagination," wrote Windolf.