Yesterday morning I called George Lucas a huge sell out, which I still believe. But, the one thing I did have wrong is where he spends his cash. He doesn't go around buying new Millienium Falcons, or beamers. Lucas donates a lot of his cash to charity. Lucas will be giving the majority of the money he got for selling Lucasfilm to educational philanthropy.This comes from a Lucas spokesman who told The Hollywood Reporter

“George Lucas has expressed his intention, in the event the deal closes, to donate the majority of the proceeds to his philanthropic endeavors.” For years Lucas spoke of making his small, independent art films, and it looks like that period has passed, and he has settled into retirement and to being a national figure for education.

In a previous statement, Lucas said “I am dedicating the majority of my wealth to improving education. It is the key to the survival of the human race.”

So maybe he's not a total tool bag for selling off his entire empire and donating most of the cash to education. I still believe he is a sellout allowing for a Star Wars 7, 8, and 9.

Celebrity Of The Day

You have to honor a rich person who would donate all his earnings to education.