Time Magazine on Wednesday announced its Person of the Year for 2017 is the women of the #MeToo movement.

"The galvanizing actions of the women on our cover…along with those of hundreds of others, and of many men as well, have unleashed one of the highest-velocity shifts in our culture since the 1960s. Social media acted as a powerful accelerant; the hashtag #MeToo has now been used millions of times in at least 85 countries…. The roots of TIME’s annual franchise—singling out the person or persons who most influenced the events of the year—lie in the so-called great man theory of history, a phrasing that sounds particularly anachronistic at this moment," Time Editor-in-Chief Edward Felsenthal said in a statement.

"But the idea that influential, inspirational individuals shape the world could not be more apt this year…. For giving voice to open secrets, for moving whisper networks onto social networks, for pushing us all to stop accepting the unacceptable, The Silence Breakers are the 2017 Person of the Year," he added.

President Trump was second place, followed by Chinese President Xi Jinping in third.

This is the magazine's 91st year making the announcement, and its editor-in-chief Edward Felsenthal said it was a difficult task this year.

"I think it's especially hard this year ... because of so much disruption in the United States and in the world," Felsenthal said on NBC.

Trump, Mueller, and North Korean dictator Kim Jong Un were among the finalists for this year's list, the magazine said Monday.

Others had included Amazon CEO Jeff Bezos, Deferred Action for Childhood Arrivals recipients, "Wonder Woman" director Patty Jenkins, Chinese President Xi Jinping, former San Francisco 49ers quarterback Colin Kaepernick, and Crown Prince Mohammed bin Salman.

Last month, Trump tweeted that he was "probably" going to be given the title for a second year in a row after winning it in 2016.

"Time Magazine called to say that I was PROBABLY going to be named 'Man (Person) of the Year,' like last year, but I would have to agree to an interview and a major photo shoot. I said probably is no good and took a pass. Thanks anyway!" he tweeted.

However, the magazine denied Trump's claim.

"The President is incorrect about how we choose Person of the Year. TIME does not comment on our choice until publication, which is December 6," the magazine tweeted.

The magazine changed the title of the award from "Man of the Year" and "Woman of the Year" to "Person of the Year" in 1999.