The magazine noted Ashley Judd, Rose McGowan, and Alyssa Milano among other female celebrities who spoke out about Harvey Weinstein's alleged sexual misconduct and the pervasive sexual harassment women in every industry experience. Activist Tarana Burke was also credited with starting the #MeToo movement years ago, as is Terry Crews, who went public about his sexual assault.
The women and men who have broken their silence span all races, all income classes, all occupations and virtually all corners of the globe.
Thousands more women have used the hashtag #MeToo to draw attention to the pervasive problem of sexual harassment.
Trump, Former NFL player Colin Kaepernick, Amazon head Jeff Bezos, Kim Jong-un, the dreamers and former Federal Bureau of Investigation director Robert Mueller, were also on the shortlist for the award as the company states the person of the year is "for good or ill".
Trump, the victor in 2016, came in second for the honor. "But it has actually been simmering for years, decades, centuries", Time's story said. The magazine also nominated North Korean leader Kim Jonh Un.
Poundland Parent Steinhoff Announces Investigation Into Accounting Irregularities
The Steinhoff holding company is based in Amsterdam for tax reasons and has its primary listing on the Frankfurt stock exchange. A spokesman declined further comment and attempts to contact Jooste were not successful.
Among the 10 nominees, two were groups and not people. He was previously named Person of the Year in 1999.
Jeff Bezos - The Amazon CEO is the world's newest $100 billion mogul.
While the majority of the candidates were individuals, The Dreamers - thousands of undocumented immigrants brought to the United States by their parents when they were children - also made the shortlist.
Xi Jinping - The President of China was confirmed in his second five-year term. His grip on power was solidified last October when the Communist Party voted to include his ideas in the party constitution.
The magazine gave a nod to Saudi Arabia's Crown Prince Mohammed bin Salman, who has shaken up the Middle East with promises for a "more moderate Islam" and last month's shocking anti-corruption crackdown on Saudi officials and princes.
President Donald Trump was runner-up this year, but in 2016 he won the accolade for the "revolution" he stirred in the US.