Bono, Bill and Melinda Gates received Time Magazines top honor this year for their humanitarian efforts.
The magazine said 2005 was a year of extraordinary charity in which people donated record amounts in response to extreme natural disasters, such as the tsunami in South Asia and Hurricane Katrina.
“Natural disasters are terrible things, but there is a different kind of ongoing calamity in poverty, and nobody is doing a better job in addressing it in different ways than Bill and Melinda Gates and Bono,” said Jim Kelly, Time’s managing editor.
The issue hits newstands today.