Albert Einstein is big business. Walk into any science museum store and you’ll find Einstein magnets, posters, spoons, books, CDs, finger puppets and dolls—all offered for a price. For the second year running, Forbes ranked Albert Einstein fifth on the list of top-earning dead celebrities, with $18 million worth of Einstein product changing hands. But how does this enterprise—this Einstein Inc.—work, and where does all the money go?
The vast majority of Einstein-generated cash comes from a single company—Disney-owned Baby Einstein, whose toys and educational DVDs can be found wherever there’s a onesie or a pacifier for sale. Royalties from these products plus the animated television show Little Einsteins add up to a hefty sum without even using the great physicist’s image or ever mentioning his work. True Einstein connoisseurs, meanwhile, can enjoy the quiet thrill of returning home from the gift shop with a new Einstein calendar for tracking ...