Time magazine names Elon Musk ‘Person of the Year’

17:25, 13 December 2021
Time magazine names Elon Musk ‘Person of the Year’ Photo: Britta Pedersen/Global Look Press

The richest man on Earth has received the title issued for the first time in 1927.

Elon Musk has been chosen the Person of the Year by news magazine Time in an annual edition which marks those who “have done the most to influence the events of the year”.

"He is reshaping life on Earth and possibly life off Earth as well," editor-in-chief Edward Felsenthal commented during his live appearance on Monday.

The entrepreneur’s 2021 list of achievements includes such notable events as the first mission to orbit with all-civilian crew aboard who spent three days in space and successfully returned on his SpaceX’s Inspiration4 rocket, as well as taking the lead in the so-called “billionaires’ space race” and reaching a $3-billion agreement with NASA on building a lunar lander.

Besides, the businessman’s Tesla has recently joined the 1-trillion-dollar club, becoming the sixth US company to surpass the threshold. It has also unveiled projects to create humanoid robots by next year.

According to Forbes data, Musk’s real-time net worth is estimated to be $265.4 bln surpassing that of his pursuer and space race contester Jeff Bezos by over $65 bln.

In 2020 the trophy named Joe Biden and Vice President-elect Kamala Harris Person of the Year.

The magazine has also presented its Heroes of the Year award given to “the Miracle Workers" – med personnel working on vaccines.

A total of four researchers - Katalin Karikó, Barney S. Graham, Kizzmekia Corbett, and Drew Weissman – feature on its cover image.

Time has earlier unveiled the winners of its two other categories Athlete of the Year and Entertainer of the Year, with Simone Biles and Olivia Rodrigo taking the titles respectively.