Facebook founder and CEO Mark Zuckerberg has been named as the Time Magazine Person of the Year 2010.
The 26 year old billionaire, who recently pledged to donate the majority of his wealth to charity, has been awarded the title for bringing more than half a billion people together on the same network, for developing a new system for relaying information and changing how people communicate with each other.
Time journalist Lev Grossman wrote on an article celebrating Zuckerberg being named the Person of the Year.
Grossman wrote: “In less than seven years, Zuckerberg wired together a twelfth of humanity into a single network, thereby creating a social entity almost twice as large as the U.S. If Facebook were a country it would be the third largest, behind only China and India.”
Meanwhile the runner-ups for the top spot, the persons Zuckerberg beat were US political party The Tea Party, Hamid Karzai, Julian Assange and The Chilean Miners.