Damien Hirst has tumbled almost 50 places in the space of a year from the top of a list of the contemporary art world's most powerful movers and shakers.
Damien Hirst has tumbled almost 50 places in the space of a year from the top of a list of the contemporary art world's most powerful movers and shakers.
Those behind the ArtReview Power 100 list said the financial tumult has blown around a third of last year's entries out of the line-up altogether.
Top of the tree this year is Hans Ulrich Obrist, co-director of exhibitions and programmes and director of international projects at London's Serpentine Gallery.
He was described by those behind the list as "one of the most active and well-networked figures the contemporary art world has seen".
Last year, Science, the company behind Hirst's artistic production, marketing and publicity, was ranked number one by the contemporary art magazine.
ArtReview said that, at number 48 this year, Hirst was perhaps the most prominent casualty due to his stepping away from the limelight following his straight-to-market auction at Sotheby's last year, which grossed £111 million.
Hirst is currently showing a collection of paintings of skulls in the formal setting of the Wallace Collection in London, marking a dramatic departure from previous exhibits, which often feature animals preserved in formaldehyde.
He has personally funded a £250,000 refurbishment of the galleries so that visitors can see his works for free.
Hirst's latest collection has received a lukewarm reception from some critics.
Organisers said collectors suffered the heaviest fall within the list.
Charles Saatchi is at number 72 this year - plummeting from number 14 in 2008.
The top 10 also includes Tate director Sir Nicholas Serota in third place and Glenn D Lowry, the director of the Museum of Modern Art (MoMA) in New York, comes second.
They are joined in the top 10 by non-museum and commercial gallery figures, who the magazine said had showed their ability to capitalise on the changing times.
Iwona Blazwick, director of London's re-launched Whitechapel Gallery, is at number nine while Venice Biennale director Daniel Birnbaum is in fourth place.
At number 10, Bruce Nauman is the highest-ranking artist, recognised for his sprawling exhibition in Venice this year, for which he was awarded a Golden Lion - Nauman's second - and reflecting his profound worldwide influence, list organisers said.
Last year's top artist was another American, Jasper Johns, at number nine.
The list is compiled by ArtReview staff, in consultation with a global network of contributing editors and an international panel.
The eighth annual ranking of the most powerful players in the contemporary art world - the ArtReview Power 100 - is published in ArtReview's November issue and a website - www.artreview100.com - is also featuring those listed.
ArtReview Power 100:
1. Hans Ulrich Obrist
2. Glenn D Lowry
3. Sir Nicholas Serota
4. Daniel Birnbaum
5. Larry Gagosian
6. Francois Pinault
7. Eli Broad
8. Anton Vidokle, Julieta Aranda & Brian Kuan Wood
9. Iwona Blazwick
10. Bruce Nauman
11. Iwan Wirth
12. David Zwirner
13. Jeff Koons
14. Jay Jopling
15. Marian Goodman
16. Agnes Gund
17. Takashi Murakami
18. Alfred Pacquement
19. Fischli & Weiss
20. Mike Kelley
21. Barbara Gladstone
22. Steven A. Cohen
23. Dominique Levy & Robert Mnuchin
24. Adam D. Weinberg
25. Marc Glimcher
26. Brett Gorvy & Amy Cappellazzo
27. Tobias Meyer & Cheyenne Westphal
28. Ann Philbin
29. Matthew Higgs
30. Matthew Marks
31. Tim Blum & Jeff Poe
32. Gavin Brown
33. Ralph Rugoff
34. Liam Gillick
35. Anne Pasternak
36. Dakis Joannou
37. John Baldessari
38. Isa Genzken
39. Paul McCarthy
40. Michael Govan
41. Eugenio Lopez
42. Cindy Sherman
43. Ai Weiwei
44. Patricia Phelps de Cisneros
45. Annette Schonholzer & Marc Spiegler
46. Diedrich Diederichsen
47. Richard Prince
48. Damien Hirst
49. Bernard Arnault
50. Massimiliano Gioni
51. Amanda Sharp & Matthew Slotover
52. Joel Wachs
53. Victor Pinchuk
54. Udo Kittelmann
55. Marina Abramovic
56. Michael Ringier
57. Gerhard Richter
58. Richard Serra
59. RoseLee Goldberg
60. Kasper Konig
61. Roberta Smith
62. Monika Spruth & Philomene Magers
63. Germano Celant
64. Emmanuel Perrotin
65. Peter Schjeldahl
66. Beatrix Ruf
67. Okwui Enwezor
68. Nicolas Bourriaud
69. Karen & Christian Boros
70. Isabelle Graw
71. Maurizio Cattelan
72. Charles Saatchi
73. Jerry Saltz
74. Jasper Johns
75. Louise Bourgeois
76. Thaddaeus Ropac
77. Mera & Don Rubell
78. Thelma Golden
79. Sarah Morris
80. Carolyn Christov-Bakargiev
81. Anita & Poju Zabludowicz
82. Paul Schimmel
83. Jose, Alberto & David Mugrabi
84. Sadie Coles
85. Daniel Buchholz
86. Victoria Miro
87. Maureen Paley
88. Johann Konig
89. Nicolai Wallner
90. Maria Lind
