George Lucas with wife Mellody Hobson. AP Photo/Entertainment Fusion Group/Ryan Miller
George Lucas has gone from Star Wars to Starbucks. AFP Photo
MOVIE mogul George Lucas has bought up $US10 million ($A11.16 million) worth of shares in coffee chain Starbucks, the company where his wife Mellody Hobson is a director.
The Star Wars creator’s GWL Living trust purchased 141,573 shares in the beverage giant for $US70.60 earlier in August.
The investment will mean his partner Hobson, who has sat on the Starbucks board since 2005, will have to sign a Form 4 with America’s Securities and Exchange Commission to protect herself from allegations of insider trading.
Lucas has plenty of money spare to invest after selling his LucasFilm company and the rights to his Star Wars movie franchise to Disney for $US4 billion in 2012.
The director married Hobson in June. They welcomed a child, Everest Hobson Lucas, via surrogate earlier in August.
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