Facebook co-founder Mark Zuckerberg named TIME’s Person of the Year

December 16th, 2010 - 4:30 am ICT by BNO News  

WASHINGTON D.C. (BNO NEWS) — TIME Magazine on Wednesday announced that it named Facebook CEO and co-founder Mark Zuckerberg as its 2010 Person of the Year.

Zuckerberg was selected for the prestigious award for creating a new way to exchange information, connecting over half a billion people around the world and essentially changing social interactions.

TIME’s Person of the Year is given to the individual who - for better of worse - manages to influence the year’s events. Zuckerberg, 26, is the second youngest person to earn the award after pilot Charles Lindbergh was selected in 1927.

The favorite for this year’s award was WikiLeaks founder Julian Assange but writers and editors selected Zuckerberg after a consensus and advice from past winners. Others in the 2010 contest were the Tea Party, Afghan President Hamid Karzai, and the 33 rescued Chilean miners.

In February 2004, Zuckerberg, who was then a 19-year-old sophomore at Harvard, started a Web service from his dorm. It was called Thefacebook.com, and it was an online directory that connects people through social networks at colleges.

In 2010, almost seven years later, Facebook added its 550 millionth member which means that one out of every dozen people on the planet has a Facebook account. Its members speak 75 languages and collectively spent over 700 billion minutes on Facebook every month.

Its membership is currently growing at a rate of about 700,000 people a day. If Facebook were a country, it would be the third largest, only behind India and China. Facebook’s membership is currently growing at a rate of about 700,000 people a day.

“70% of Facebook users live outside the U.S. We have entered the Facebook age, and Mark Zuckerberg is the man who brought us here,” TIME said in a statement.

Some criticized TIME’s decision to not give the award to Assange, who had been leading TIME’s online Person of the Year poll. In 2009, Federal Reserve Chairman Ben Bernanke was named Person of the Year.

Other previous winners include current U.S. President Barack Obama, former Russian President and current Russian Prime Minister Vladimir Putin, and ‘You’.

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