Ai Weiwei tops power list. Dissident artist Ai Weiwei has been named the most powerful figure in the art world, but he says he feels as vulnerable as ever in communist China. Ai, who was released in June after being detained for more than 80 days by Chinese authorities, is the second artist ever to top ArtReview’s annual Power 100 list.

“Maybe being powerful means to be fragile,” he mused on BBC News on Thursday. “I don’t feel powerful at all. I’m still under this detention … this kind of conversation today I am doing is a violation. I think it may bring me very big trouble,” he said. Ai is not supposed to give press interviews or use the internet as a condition of his release from detention. — Matthew Knott (read the full story here)

Cancel the power lunch, Bilson’s is closed. It wasn’t that regulars found other, more suitable venues for their power lunches, but rather an unexpected tax bill that brought Tony Bilson’s ultimate creation, Bilson’s Restaurant, to its knees.

Today, Sydney is expected to lose what’s considered one of its finest restaurants, the three-hat Bilson’s, as well as its sister locale, Number One Wine Bar. Bilson made the announcement yesterday. Having placed the two restaurants into voluntary administration, he told The Australian that he was unable to secure the finances needed to keep them open. — Angela Priestley (read the full story here)

Australian postmaster takes home a pretty parcel. Australia’s prince of postal services, Ahmed Fahour, isn’t nearly as powerful as Reserve Bank governor Glenn Stevens – but he earns more than twice as much.

The Australia Post CEO collected $2.89 million in the year to June 30, according to their latest annual report, while Stevens takes home a paltry package of $1.08 million. Fahour rakes in more than 10 times his US equivalent, despite the US Postal Service handling three times more mail, The Sydney Morning Herald reported today. — Matthew Knott (read the full story here)

Peter Fray

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