Barack Obama Named Time Magazine’s 2008 Person Of The Year

First Published: December 17, 2008 10:22 AM EST Credit: AP

WASHINGTON, D.C. -- Caption Barack Obama on the cover of TimePresident-elect Barack Obama has won another contest: He’s been named Time magazine’s “Person of the Year” for 2008.

The magazine has named Treasury Secretary Henry Paulson, French President Nicolas Sarkozy, Gov. Sarah Palin and Chinese director Zhang Yimou as runners-up.

Last year’s winner was Russian Prime Minister Vladimir Putin.

Previous individual winners have included Bono, President George W. Bush and Amazon.com CEO and founder Jeff Bezos.

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