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Time magazine has Mark Zuckerberg, the founder of Facebook, as their Person of the Year 2010. Zuckerberg, 26, is the -youngest winner of the accolade. He won the for connecting 12 percent of the planet on his networking site. This is an impressive considering the site has yet to make any impression in China. Mr Zuckerberg said on Wednesday, on his Facebook page: "Being named as Time Person of the Year is a real honor and recognition of how our little is building something that of millions of people want to use to make the world more open and . I'm happy to be a part of that." The young entrepreneur a quarter of the shares of Facebook and is a multi-billionaire.

It was for a while who would win Time’s annual honour. Readers voting in the online chose the Wikileaks founder Julian Assange as the winner. However, Time panelists chose Mark Zuckerberg. Time’s Richard Stengel explained they chose Zuckerberg because he was a more figure than Assange and because he changed “how we all live our in ways that are innovative and optimistic”. He wrote on Time’s website: "There is an erosion of in authority, a decentralizing of power and at the same time, perhaps, a greater in one another." Mr Stengel continued: "Zuckerberg sees the world as with potential friends.” Perhaps only the Facebook creator knows how much more he can do.