(JTA) — Facebook founder Mark Zuckerberg was named Time Magazine’s Person of the Year.
The choice of Zuckerberg to grace the cover of Time’s year-end issue was announced Wednesday.
In its introduction the magazine said that Zuckerberg, who is Jewish, was recognized "For connecting more than half a billion people and mapping the social relations among them; for creating a new system of exchanging information; and for changing how we all live our lives."
A college dropout, Zuckerberg created Facebook in 2004. He is estimated to be worth about $6.9 billion.