President-elect Donald Trump is Time magazine's 2024 Person of the Year.
The magazine made its annual announcement early Thursday after releasing its shortlist on Monday.
To celebrate the occasion, the president-elect is headed to Wall Street to ring the opening bell of the New York Stock Exchange Thursday morning.
This is the second time the 78-year-old is being named Person of the Year after he also received the title in 2016 after his first presidential election victory.
It comes after Trump dominated headlines this year with his third bid for the White House and decisive win last month.
The president-elect also survived a close assassination attempt in July and became the first U.S. president convicted of a crime in May.
The magazine has been naming a person, group or concept each year since 1927 that had the 'biggest impact—for good or for ill—on the world over the previous 12 months.'
President-elect Donald Trump is Time magazine's 2024 Person of the Year – and he's heading to the New York Stock Exchange to ring the opening bell on Thursday morning
Earlier this week, Time released its shortlist of potential candidates which included Trump and nine others.
Kamala Harris, Elon Musk, Princess Kate Middleton, Jerome Powell, Claudia Sheinbaum, Yulia Navalnaya, Joe Rogan, Benjamin Netanyahu and Mark Zuckerberg were also in consideration for the title.
Trump joins thirteen other U.S. presidents who have been named Person of the Year including most recently President Biden who received the title in 2020.
Seven of those presidents besides Trump have been named Time's Person of the Year more than one time.
Leading up to the big unveiling, Time has released a series of other titles for different categories.
Singer Elton John was named Time's Icon of the Year, the WNBA's Caitlin Clark was named Athlete of the Year, and Lisa Su of Advanced Micro Devices was named CEO of the Year.
Last year, megastar Taylor Swift was named 2023 Person of the Year in the middle of her global Eras tour and the release of another smash hit album. She posed on the cover of the magazine with her cat.
An iconic image of Trump from July 13, only moments after surviving an assassination attempt at his campaign rally in Butler, PA
Trump on the cover of Time in 2016 after being named that year's Person of the Year
Trump on the cover of Time magazine earlier this year for an article about his third White House bid in May
Trump has long obsessed over being on the cover of Time magazine and has weighed in on Person of the Year in the past.
It 2017, he wrote in a post that the magazine called to say he would 'probably' be Person of the Year but he 'took a pass.' Time magazine disputed his claim as 'incorrect.'
A framed copy of Time magazine featuring Trump dated from 2009 that was hung up in at least five of President Trump’s clubs was fake, The Washington Post also reported in 2017.
In a series of posts over the years Trump has celebrated making the cover of Time on some occasions while blasting the magazine for its coverage in others.
In 2012, Trump argued Time had lost all its credibility when it did not include him in its Top 100 most influential people.
More recently besides Swift, Ukrainian President Volodymyr Zelensky, 'The Spirit of Ukraine,' and Elon Musk all received the title.
With the magazine approaching its 100th year giving out the title it as named a series of U.S. and global leaders, entertainers, scientists and movements as Person of the Year over the past nine decades.
While the title has gone to U.S. presidents, celebrated entertainers and dignitaries from Presidents Obama and Reagan to Queen Elizabeth, not all Persons of the Year have received the title for positive coverage.
Adolf Hitler received the title in 1938, Joseph Stalin also was named twice by the magazine.
The U.S. president to receive the title the most to date was President Franklin Roosevelt who was named Person (then-Man) of the Year 1932, 1934 and 1941.