important artists of the 20th century. Today, many call Gerhard Richter the best living painter. In part, this comes from his ability to explore the medium at a time when many were heralding its death. Richter has been the recipient of numerous prominent awards, including the State Prize of the state North Rhine-Westphalia in 2000; the Wexner Prize, 1998; the Praemium Imperiale, Japan, 1997; the Golden Lion of the 47th Biennale, Venice, 1997; the Wolf Prize in Israel in 1994/5; the Goslarer Kaiserring Prize der Stadt Goslar, Mönchehaus-Museum für Moderne Kunst, Goslar, Germany, 1988; the Oskar Kokoschka Prize, Vienna, 1985; the Arnold Bode Prize, Kassel, 1981; and the Junger Western Art Prize, Germany, 1961. He was made an honorary citizen of Cologne in April 2007. He was elected to the American Philosophical Society in 2012. Influence Among the students who studied with Richter at the Kunstakademie Düsseldorf between 1971 and 1994 were Ludger Gerdes, Hans-Jörg Holubitschka, Bernard Lokai, Thomas Schütte, Thomas Struth, Katrin Kneffel, Michael van Ofen, and Richter's second wife, Isa Genzken. He is known to have influenced Ellsworth Kelly, Christopher Wool and Johan Andersson. He has also served as source of inspiration for writers and musicians. Sonic Youth used a painting of his for the cover art for their album Daydream Nation in 1988. He was a fan of the band and did not charge for the use of his image. The original, over square, is now showcased in Sonic Youth's studio in NYC. Don DeLillo's short story "Baader-Meinhof" describes an encounter between two strangers at the Museum of Modern Art in New York. The meeting takes place in the room displaying 18 October 1977 (1988). Photographer Cotton Coulson described Richter as "one of [his] favourite artists". For the last 18 years, Gerhard Richter has been the number one on a Kunstkompass scale of most important world artists, made by a German magazine Capital. Position in the art market Following an exhibition with Blinky Palermo at Galerie Heiner Friedrich in 1971, Richter's formal arrangement with the dealer came to an end in 1972. Thereafter Friedrich was only entitled to sell the paintings that he had already obtained contractually from Richter. In the following years, Richter showed with Galerie Konrad Fischer, Düsseldorf, and Sperone Westwater, New York. Today Richter is represented by Marian Goodman, his primary dealer since 1985. Today, museums own roughly 38% of Richter's works, including half