George Lucas has revealed what he plans to do with the many billions of dollars that he’ll make from the $4.05 billion sale of Lucasfilm to Disney.

Speaking to the The Hollywood Reporter, a studio representative explained “George Lucas has expressed his intention, in the event the deal closes, to donate the majority of the proceeds to his philanthropic endeavours.”

It’s not yet clear where he will direct the money, be it to a new foundation, the George Lucas Educational Foundation, or one of the many charities and causes he has previously supported.

Lucas also released a statement himself, saying “For 41 years, the majority of my time and money has been put into the company. As I start a new chapter in my life, it is gratifying to devote more time and resources to philanthropy.”

Chris Tilly is Entertainment Editor for IGN and wouldn't mind a couple of those Disney dollars. His idle chat can be found on both Twitter and MyIGN.

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