Zuckerberg named ‘Time’ Person of the Year

• Facebook founder and CEO Mark Zuckerberg has been named Time magazine's "Person of the Year" for 2010.
• At 26, Mr. Zuckerberg has put himself on the map not only as one of the world's youngest billionaires, but also as a prominent newcomer to the world of philanthropy.
• Mr. Zuckerberg owns about a quarter of Facebook's shares.
• Federal Reserve Chairman Ben Bernanke received the honour last year. The 2008 winner was then-President-elect Barack Obama. The 2007 winner was Russian Prime Minister Vladimir Putin.
• Other previous winners have included Bono, President George W. Bush, and Amazon.com CEO and founder Jeff Bezos.
• Time's "Person of the Year" is the person or thing that has most influenced the culture and the news during the past year for good or for ill.