Time Magazine on Monday named Tesla and SpaceX CEO Elon Musk as its Person of the Year. Musk is the wealthiest man in the world.
Follow Israel Hayom on Facebook and Twitter
"Person of the Year is a marker of influence, and few individuals have had more influence than Musk on life on Earth, and potentially life off Earth, too," Time editor-in-chief and CEO Edward Felsenthal said in a statement. "In 2021, Musk emerged not just as the world's richest person but also as perhaps the richest example of a massive shift in our society."
Elon Musk (@elonmusk) is TIME's 2021 Person of the Year #TIMEPOY https://t.co/8Y5BhIldNs pic.twitter.com/B6h6rndjIh
— TIME (@TIME) December 13, 2021
That shift includes "the continuing decline of traditional institutions in favor of individuals; government dysfunction that has delivered more power and responsibility to business; and chasms of wealth and opportunity," Felsenthal said.
"In 2021, Musk emerged not just as the world's richest person but also as perhaps the richest example of a massive shift in our society," he said.
