Stephen Spielberg Earned $40 Million After a Risky Bet With George Lucas That Included Star Wars

George Lucas and Steven Spielberg made a bet back in 1977 that would greatly benefit Spielberg in the years to come.

Stephen Spielberg Earned $40 Million After a Risky Bet With George Lucas That Included Star Wars

SUMMARY

  • George Lucas was very nervous about Star Wars before the release of the first movie, so much so that he even made a bet with Steven Spielberg which he lost by a long shot.
  • Steven Spielberg and George Lucas made a bet that whoever's movie was more successful, would give the other person 2.5% earnings of their movie.
  • Steven Spielberg greatly benefited from this bet and once revealed that he still gets paid by George Lucas.
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Star Wars will probably go down in history as one of the most successful media franchises of all time. However, before the release of the first movie back in 1977, the creator of the series, George Lucas was not too sure of how his project would perform at the box office. Fortunately, it all worked out in favor of the American director, and the Star Wars movie gave birth to a multi-billion dollar franchise that would still be a massive success even four decades later.

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Star Wars
Star Wars

Also read: The Mandalorian Movie: Pedro Pascal Reveals He’s The Mastermind Behind Star Wars Making Surprise Announcement After Season 3

George Lucas was very nervous about Star Wars

Steven Spielberg and George Lucas have been friends for decades now and Spielberg once even opened up about how Lucas was a nervous trainwreck before the release of the Star Wars movie. Around the time of filming the movie that would kick off the space opera franchise, Spielberg was also working on a sci-fi drama movie, Close Encounters of the Third KindAfter being too troubled and nervous while working on the movie, Star Wars, Lucas took a few days to cool off and went to visit Spielberg on the set of his movie. Spielberg once talked about the same in an interview with Turner Classics Movies and said,

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“George came back from ‘Star Wars’ a nervous wreck. He didn’t feel ‘Star Wars’ came up to the vision he initially had. He felt he had just made this little kids’ movie. He came to Mobile, Alabama where I was shooting on this humongous set.”

George Lucas
George Lucas

Also read: “What if Obi-wan died and not Qui-gon”: Disney is Reportedly Working on a What If Version of Star Wars and Fans Already Have Wild Ideas

Steven Spielberg further revealed that the duo would end up making a bet that would hugely benefit him in the years to come.

George Lucas and Steven Spielberg made a bet about Star Wars

After seeing the set of Close Encounters of the Third Kind, George Lucas allegedly even got more unsure about Star Wars and felt like Steven Spielberg’s movie would end up doing much better than his own movie. The duo even made a bet that greatly benefited Steven Spielberg in the years to come. Spielberg said,

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“He said, ‘Oh my God, your movie is going to be so much more successful than ‘Star Wars’! This is gonna be the biggest hit of all time. I can’t believe this set. I can’t believe what you’re getting, and oh my goodness.’ He said, ‘All right, I’ll tell you what. I’ll trade some points with you. You want to trade some points?I’ll give you 2.5% of ‘Star Wars’ if you give me 2.5% of ‘Close Encounters.’ So I said, ‘Sure, I’ll gamble with that. Great.’ I think I came on top of that bet.”

Steven Spielberg and George Lucas
Steven Spielberg and George Lucas

Also read: Game of Thrones Creators David Benioff & D.B. Weiss Reveal Canceled Star Wars Movie Would’ve Featured “The first lightsaber”

Both of the movies did great at the box office but George Lucas’ Star Wars ended up becoming a global phenomenon which started a multi-billion dollar media franchise and that single movie went on to make almost $775 million. Steven Spielberg further revealed how George Lucas still sends him money to this day because of a bet they made more than four decades ago.

Star Wars is currently streaming on Disney+.

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Written by Shikhar Tiwari

Articles Published: 347

Shikhar Tiwari is a Hollywood news author at Fandom Wire. He is a student at Manipal University Jaipur currently aspiring to be a Computer Science Engineer. Shikhar loves to combine his passion for writing with his love for Hollywood updates.