According to a report on THR, the "majority" of the $4 billion George Lucas is receiving for the sale of Lucasfilm to Disney (he owns 100% of the company) will be going to charity.

Advertisement

"George Lucas has expressed his intention, in the event the deal closes, to donate the majority of the proceeds to his philanthropic endeavors", a spokesperson for Lucasfilm told the site today.

The "bulk" of that money will be going towards a "foundation which will primarily focus on educational issues".

Advertisement

George Lucas Will Use Disney $4 Billion to Fund Education [The Hollywood Reporter]