Movies

Lucas Donating Proceeds From Disney Deal to Charity

Close to $4 billion to go to education foundation

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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. 

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