The world's richest man Elon Musk has been named Person of the Year by Time magazine.
The magazine writes in an article declaring Musk the man of the year: The richest man in the world has no home of his own and has sold all his possessions.
He throws the satellite into Earth's orbit and uses the sun. He drives a car that doesn't need gas or a driver. A flick of his finger makes the stock market rise or fall. '
Musk, the owner of electric car maker Tesla and rocket company SpaceX, has been named Man of the Year for his ambitious dreams.
From settling on Mars, which is Musk's dream, to space tourism, his dreams have been a source of inspiration for modern mankind, according to Time.
Last month, Musk was named the richest man in the world, with a super richness of 250 billion.