Time magazine to name Trump its Person Of The Year again: Sources
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Time had bestowed the Person Of The Year title to US President-elect Donald Trump once before in 2016.
PHOTO: REUTERS
NEW YORK – US President-elect Donald Trump will ring the opening bell of the New York Stock Exchange on Dec 12 – the same day he is expected to be named Time magazine’s Person Of The Year, according to two people familiar with the selection and plans.
A spokesperson for Time declined to comment on the selection.
The Republican President-elect built his fortune as a New York real estate investor before turning to politics. During his first term as US president, he measured his success in part by the strength of the stock market, which has so far welcomed his re-election.
The ringing of the bell signifies the start or closing of the trading day at the world’s largest stock exchange, and is considered an honour.
The act has historically been reserved for company executives celebrating an initial public offering or other major corporate milestones, but celebrities and politicians like former US president Ronald Reagan, former South African president Nelson Mandela, and governor and actor Arnold Schwarzenegger have also rung it.
Politico first reported the news of Trump’s selection and plans.
Time had bestowed the Person Of The Year title to Trump once before in 2016.
It had named Democratic US President Joe Biden and US Vice-President Kamala Harris Person Of The Year in 2020, after they defeated Trump. Pop star Taylor Swift received the title in 2023. REUTERS