Steven Spielberg continues to make money on “Star Wars” bet

Steven Spielberg still makes money from “Star Wars” thirty years after coming out on top in a bet with movie mogul pal George Lucas, according to Star Pulse. Lucas was so convinced his first “Star Wars” film would be a flop in 1977, he bet Spielberg a percentage of the take his sci-fi epic, “Close Encounters of The Third Kind” would be a bigger film.

"Close Encounters made so much money and rescued Columbia from bankruptcy. It was the most money I ever made, but it was a meager success story. Star Wars was a phenomenon and I was the happy beneficiary of a couple of points from that movie which I am still seeing money on today," Spielberg said.

Publication date: 26 June 2007

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