President-elect Donald Trump is expected to be named Time magazine's 2024 Person of the Year.
The magazine will announce Thursday morning it was giving the incoming U.S. leader the title after he won the presidential election last month.
That's according to multiple reports. It was first reported by Politico on Wednesday afternoon.
To celebrate the occasion, the president-elect will head 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.
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.
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 on the campaign trail in October. The 78-year-old is set to be named Time magazine's Person of the Year on Thursday, according to multiple reports
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.
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.
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 claimed the magazine called to say he would 'probably' be Person of the Year but he 'took a pass.' Time magazine disputed his claim.
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 some online posts over the past few years since entering politics Trump has celebrated making the cover of Time. On other occasions he has slammed the longtime magazine for its coverage and claimed it's failing.
In 2012, Trump argued Time had lost all its credibility when it did not include him in its Top 100 most influential people.
Over the years, Time has named a series of U.S. and global leaders, entertainers, scientists and movements as Person of the Year.
More recently besides Taylor Swift, Elon Musk, Ukrainian President Volodymyr Zelensky and 'The Spirit of Ukraine' all received the title.