Time Magazine has named Donald Trump Person of the Year for the second time.

“For orchestrating a comeback of historic proportions, for driving a once-in-a-lifetime political realignment, for reshaping the American presidency and transforming America’s role in the world, Donald Trump is TIME’s Person of the Year for 2024,” said Time- Editor-in-Chief Sam Jacobs said in a letter to readers.

The Republican president-elect will ring the opening bell at the New York Stock Exchange on Thursday along with several of his family members to commemorate the honor.

Trump was named Person of the Year for the first time in 2016 after winning the US presidential election.

The magazine’s tradition – which began in 1927 with the title “Man of the Year” – recognizes a person or movement that has “for better or worse…had the greatest influence on the events of the year.”

Other previous winners include climate activist Greta Thunberg, former President Barack Obama, Meta CEO Mark Zuckerberg, Pope Francis and Ukrainian President Volodymyr Zelensky.

Ultimately, Time Magazine editors decide who wins the award.

The branch considered ten people for the Person of the Year award, including Vice President Kamala Harris, the Princess of Wales and Tesla CEO Elon Musk, now a close confidant of Trump who heads an advisory board called the Department of Government Efficiency. should guide.

In a description of Trump for the list of finalists, Time said he won the 2024 election “in a stunning political comeback.”

“He reshaped the American electorate by activating young male voters who propelled him to a decisive victory that gave him the popular vote for the first time and swept every constituency,” the outlet said.

“His victory in 2024 is historic in several ways: He will be the oldest president in U.S. history, and he was convicted by a New York jury earlier this year of 34 counts of fraud, making him the first felon to be convicted. who was elected president.”

Trump conducted interviews with the magazine in April of this year during the campaign season. During the wide-ranging discussions, Trump discussed his plans for a second term, including his goals to reform the U.S. immigration system and deport millions of people.

Trump complained in 2015 when he wasn’t chosen for the magazine cover during his first run for office, when the award went to former German Chancellor Angela Merkel.

But after being named Person of the Year following his election victory, he called it a “tremendous honor.”

“It means a lot to me, especially because I read Time magazine as a child. And, you know, it’s a very important magazine,” he said at the time.

However, since his win, he has continued to criticize the magazine’s decisions, including choosing Taylor Swift as Time magazine’s 2024 Person of the Year.