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George Lucas wanted to be a racecar driver when he was a teenager. In 1962, he suffered a terrible car accident when another driver broadsided him. He required emergency medical treatment. The incident caused him to lose interest in racing, but inspired him to pursue other interests.
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After graduating with a bachelor of fine arts in film in 1967, George Lucas tried joining the United States Air Force as an officer, but was immediately turned down because of his numerous speeding tickets.
Millionaire neighbors protested George Lucas’ plans to build a movie studio on his property due to the possibility of increased traffic hurting their quality of life. Lucas got revenge by abandoning the studio project and planning to use his land to build 224 affordable homes.
George Lucas was fined $250,000 and “The Empire Strikes Back” was nearly pulled from theatres because he put screen credits at the end of the movie (which was rare) to preserve the dramatic opening sequences.
In 1977, 20th Century Fox had so little faith in the “Star Wars” franchise that they gave away all of the movie licensing and merchandising rights to George Lucas in exchange for his $500,000 directorial fee. In 2014, the overall value of the franchise was estimated at $37 billion. 00
George Lucas built his $4 Billion ‘Star Wars’ empire by accepting a salary of $125K instead of $1M in the first Star Wars movie, but keeping the right to direct sequels and licensing (sell toys, posters, T-shirt, etc.)
In 2010 George Lucas said “I’m dedicating the majority of my wealth to improving education. It is the key to the survival of the human race.” Two years later, Lucas sold Lucasfilm Ltd. to Disney for $4.05B and donated the proceeds to a charity that focuses on education.
In 2010 George Lucas said “I am dedicating the majority of my wealth to improving education. It is the key to the survival of the human race.” Two years later, Lucas sold Lucasfilm Ltd. to Disney for 4.05 billion dollars and donated the proceeds to a charity that focuses on education.