Entertainment

George Lucas will use Disney $4 billion to fund education

The Hollywood Reporter
Contributor

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.

Full story: George Lucas will use Disney $4 billion to fund education