George Lucas Net Worth 2022 – Salary, Income, Earnings

George Lucas Net Worth 

George Lucas has an estimated net worth of $10 billion. George Lucas is a writer, producer and director known for his creation of the enormously successful ‘Star Wars’ and ‘Indiana Jones’ film franchises. He earns most of his income from television and film production. 

Director George Lucas is a writer and filmmaker from the United States. He studied cinematography at the University of Southern California and caught the attention of Francis Ford Coppola, who assisted him in breaking into the film industry. Lucas is best known for creating the Indiana Jones series, writing and directing Star Wars, and founding the special effects company Industrial Light & Magic.

To calculate the net worth of George Lucas, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: George Lucas
Net Worth: $10 Billion
Monthly Salary: $5 Million
Annual Income: $100 Million per year
Source of Wealth: Film Producer, Film director, Screenwriter, Cinematographer, Film Editor, Entrepreneur, Actor, Television producer

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Early Life and Education

George Walton Lucas Jr. was born on May 14, 1944, in Modesto, California. Lucas’ parents owned a walnut ranch in California and sold retail office supplies. His childhood in the sleepy suburb of Modesto, as well as his early passion for cars and motor racing, would serve as inspiration for his Oscar-nominated low-budget phenomenon, American Graffiti (1973).

Before he became obsessed with filmmaking, Lucas wanted to be a race car driver, but a near-fatal accident in his modified Fiat just days before his high school graduation changed his mind. Instead, he went to community college and discovered a love of cinematography and camera tricks. He transferred to the University of Southern California’s film school on the advice of a friend. There, he made a short futuristic sci-fi film called Electronic Labyrinth: THX 1138 4EB, which earned him a comfortable spot under the wing of Francis Ford Coppola, who was eager to discover new filmmaking talent. Coppola persuaded Warner Brothers to make a feature-length version of the film, and while some critics recognized some philosophical depth behind all the technical wizardry, THX 1138 (re-titled) flopped spectacularly when it was released in 1971.

Movies

‘American Graffiti’

Despite the failure of his first film, THX 1138, Lucas returned to work on his next project, American Graffiti. The film, which was released in 1973 and starred burgeoning young talents such as Ron Howard, Richard Dreyfuss, and Harrison Ford, was recognized in 1962 as a stunning portrait of listless American youth depicting, in Lucas’ own words, “a warm, secure, uninvolved life.” The film, which cost only $780,000 to produce, grossed more than $100 million domestically. It was nominated for five Academy Awards, including Best Picture, Best Screenplay, and Best Director for Lucas, and is still regarded as one of the most successful low-budget films ever made.

‘Star Wars’

After regaining the trust of his fans, Lucas set out to create a children’s Saturday morning serial that would be part fairy tale, part Flash Gordon, and completely fantasy and adventure set in the imaginary frontier of outer space. The project eventually evolved into the feature film Star Wars. Star Wars, which debuted in May 1977, wowed audiences with its breathtaking special effects, fantastical landscapes, enthralling characters (the erroneous pairing of two bumbling droids providing, ironically, the most heart and comic relief), and the familiar resonance of popular myth and fairy tale. The film was made for $11 million and grossed over $513 million worldwide during its initial release.

In The Empire Strikes Back (1980) and The Return of the Jedi (1983), Lucas continued the story of the Jedi Knights and the Dark Side (1983). Meanwhile, he established a cutting-edge special effects company, Industrial Light & Magic (ILM), as well as a sound studio, Skywalker Sound, and began to exert increasing control over the finished product of his films. In the hills of Marin Country, California, he eventually built his own moviemaking “empire” outside of Hollywood’s control.

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‘Indiana Jones’

In addition to his work on Star Wars, Lucas created a new adventure series centered on Indiana Jones, a tough but humorous archaeologist. He cast Star Wars antihero Harrison Ford in the title role, and Steven Spielberg directed the first film in the franchise, Raiders of the Lost Ark (1981). Instead of deep space, Lucas drew inspiration from the past for this box office smash, in which Indiana Jones battles the Nazis over the Ark of the Covenant.

Lucas assisted in the creation of the stories and served as a producer on the two sequels that followed. Ford co-starred in Indiana Jones and the Temple of Doom (1984) with Kate Capshaw (Spielberg’s future wife), and in Indiana Jones and the Last Crusade (1989), audiences met the hero’s father, played by Sean Connery. However, after the third Indiana Jones film, Lucas planned to return to the film franchise that made him famous — Star Wars.

‘Star Wars’ Prequels

Technology was finally catching up to Lucas’ creative vision for his famous science-fiction saga. He had witnessed ILM’s capabilities when it was tasked with bringing the dinosaurs from Jurassic Park (1993) to terrifying life. The advancements in technology convinced Lucas that it was time to return to Star Wars.

Lucas began work on three new prequels, starting with the menacing Darth Vader as an innocent, gifted young boy. Star Wars: Episode I — The Phantom Menace, the first in the series, was released in the spring of 1999 to high expectations and unprecedented hype and fanfare. The film received mixed reviews. Some critics and Star Wars fans thought the characters were juvenile and racially stereotypical. Others criticized the story for lacking dramatic depth. No one can deny the magical quality of Lucas' technologically masterful creations.

In defending his latest creation, Lucas claimed that The Phantom Menace was intended to be a children’s film, as all Star Wars films were before their cult-like magnetism captured the American public. A behind-the-scenes featurette that accompanied the film’s DVD release in 2001, on the other hand, revealed a director who wasn’t entirely satisfied with his product. “It’s a little disjointed,” Lucas says after seeing a rough cut of the film. “It’s daring in terms of throwing people around. In a few places, I may have gone too far.”

The sequel, Episode II—Attack of the Clones, premiered at the Tribeca Film Festival on May 12, 2002. Revenge of the Sith, the third episode, premiered in May 2005.

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Life After ‘Star Wars’

Lucas released the latest installment of his Indiana Jones series in 2008. He was one of its writers and producers, and Spielberg directed it once more. In Indiana Jones and the Kingdom of the Crystal Skull, Ford reprised his role as the famous adventuring archaeologist, and he was joined by Cate Blanchett and Shia LaBeouf on this new adventure. The film was one of the biggest hits of the summer.

‘Red Tails’

In early 2012, Lucas served as the producer of a different type of action film. Working for years, he was able to contribute to the film Red Tails, which told the story of the famous African-American pilots known as the Tuskegee Airmen. Cuba Gooding Jr., Terrence Howard, Nate Parker, and David Oyelowo starred in this World War II drama.

Red Tails, excluding a possible new Indiana Jones film, could be one of Lucas’ final epics. Around this time, he announced his retirement from big blockbusters to focus on smaller, more personal stories on the big screen. To that end, in October 2012, Lucas decided to sell his company, Lucasfilm, to the Walt Disney Company. As part of the deal, he received approximately 40 million shares of Disney stock. In exchange, Disney received the rights to the extremely profitable Star Wars franchise, which it continued with the December 2015 release of the record-breaking Star Wars: The Force Awakens.

The following year, Lucasfilm released Rogue One: A Star Wars Story, the first in its anthology series, starring Felicity Jones, Ben Mendelsohn, and Diego Luna. In 2017, Lucas’ friend and former collaborator Ron Howard was tapped to direct the follow-up film, Solo: A Star Wars Story, which debuted in May 2018.

Personal Life

Lucas, in addition to being a filmmaker, has worked to improve education through the George Lucas Educational Foundation. The organization, founded in the early 1990s, promotes project-based and team-based learning, as well as other educational reforms. Lucas is deeply committed to the foundation’s mission, having spent many years as a single father to his adopted daughter Amanda following his divorce from film editor Marcia (Griffin) Lucas in 1983. Lucas adopted two more children after their divorce, Katie and Jett.

Lucas announced his engagement to Mellody Hobson, president of Ariel Investments, in January 2013. Prior to their engagement, the couple had been dating for five years. Lucas, 69, and Hobson, 44, married in late June 2013 at Skywalker Ranch in Marin County, California. They soon welcomed daughter Everest into the family.

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George Lucas Quotes

You simply have to put one foot in front of the other and keep going. Put blinders on and plow right ahead.

George Lucas

 

The sound and music are 50% of the entertainment in a movie.

George Lucas

 

You can’t do it unless you can imagine it.

George Lucas

 

The story being told in ‘Star Wars’ is a classic one. Every few hundred years, the story is retold because we have a tendency to do the same things over and over again. Power corrupts, and when you’re in charge, you start doing things that you think are right, but they’re actually not.

George Lucas

 

The technology keeps moving forward, which makes it easier for the artists to tell their stories and paint the pictures they want.

George Lucas

 

The secret to film is that it’s an illusion.

George Lucas

 

Working hard is very important. You’re not going to get anywhere without working extremely hard.

George Lucas

 

I started out in anthropology, so to me how society works, how people put themselves together and make things work, has always been a big interest.

George Lucas

 

The secret is not to give up hope. It’s very hard not to because if you’re really doing something worthwhile I think you will be pushed to the brink of hopelessness before you come through the other side.

George Lucas

 

Storytelling is about two things; it’s about character and plot.

George Lucas

 

Learning to make films is very easy. Learning what to make films about is very hard.

George Lucas

 

A lot of people like to do certain things, but they’re not that good at it. Keep going through the things that you like to do, until you find something that you actually seem to be extremely good at. It can be anything.

George Lucas

 

The influence of ‘Hidden Fortress’ comes up a lot because it was printed in a book once. The truth is, the only thing I was inspired by was the fact that it’s told from the point of view of two peasants, who get mixed up with a samurai and princess and a lot of very high-level people.

George Lucas

View our larger collection of the best George Lucas quotes.

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