Swift beat Donald Trump, King Charles III, and Barbie, to take the prestigious title - Time awards the accolade to "the individual, group, or concept that has had the most influence on the world throughout the previous 12 months".
In her first in-depth interview with the publication in nearly four years, Swift talks about her “record-breaking year, her intense preparation for the Eras Tour, re-recording her albums, and living a public life on her own terms.”
The 33-year-old superstar also reveals what it’s like to be in the public eye and even opens up about the new love in her life - boyfriend, Kansas City Chiefs star Travis Kelce.
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Time's editor-in-chief Sam Jacobs told NBC Today: "Picking one person who represents the eight billion people on the planet is no easy task. We picked a choice that represents joy. Someone who's bringing light to the world."