Time Magazine announced its ‘Person of the Year, ’ Russian President, Vladimir Putin. Criteria for Time’s Person of the Year: “TIME's Person of the Year is not and never has been an honor. It is not an endorsement. It is not a popularity contest. At its best, it is a clear-eyed recognition of the world as it is and of the most powerful individuals and forces shaping that world—for better or for worse.” Time Magazine (source) View source for a full list of ‘Runners-Up’ and ‘People Who Mattered.’