Knut, the $140 Million Polar Bear
As the world's first celebrity polar bear, Knut used to spend his days feasting on raw meat, swimming in a black-bottom pool, and gazing at the hundreds—if not thousands—of visitors who flocked to see him every day at the Berlin Zoo. During his prime, candymaker Haribo churned out 1 million raspberry-flavored Knut gummy bears daily, and Berliner Volksbank issued tens of thousands of ATM cards featuring his furry face. There was also the 2007 book, , and the 2008 film, . Along with Leonardo DiCaprio, he graced the cover of .
Knut (pronounced Kuh-noot in German) achieved international fame hitherto unknown in the animal kingdom on account of his irresistible story. He was born into captivity in 2006, rejected by his mother, and raised by a zookeeper. To environmentalists, Knut was an emblem of the anti-global-warming movement; to business, he was a cuddly money machine. In its 167-year history, the Berlin Zoo—which is subsidized by the city and listed on the Berlin Stock Exchange—has been profitable for only three years, says Heiner Klös, its animal curator. Those were 2007 to 2009, the Years of Knut, when yearly attendance rocketed from 2.5 million to 3.5 million visitors, and the zoo made more than $30 million. In all, Gerald Uhlich, a former chief executive of the zoo and the architect of Brand Knut, estimates that the polar bear generated more than $140 million in global business.
