It seems George Lucas is a big fan of coffee. Starbucks coffee anyway as he has just bought $10 million in stock from the company.
George Lucas has bought $10 million in Starbucks stock, a sign of confidence in the company where his wife Mellody Hobson is a member of the board, according to an SEC filing.
A new filing by Hobson, Lucas’s wife and a Starbucks board member, revealed that Lucas’s GWL Living trust bought 141,573 shares on August 19 for an average price of $70.60. Lucas is the sole trustee and beneficiary of the trust.
Hobson is a hugely successful executive in her own right and married Lucas in June (photo by Donna Newman). In addition to her investment work and Starbucks, she is the chairman of Dreamworks Animation and a director at Estee Lauder and Groupon.
Could we see a Star (Wars) Bucks opening soon?