“Whether the battle for Ukraine fills one with hope or with fear, Volodymyr Zelensky galvanised the world in a way we haven’t seen in decades.”
Further, Mr Zelensky’s actions this year had “deepened the embarrassment of Russian retreats and strengthened the Ukrainian will."
Since 1927, the annual title has gone to the person "for better or for worse ... has done the most to influence the events of the year".
Mr Zelensky, who is descended from Holocaust survivors, has been praised around the world for his leadership of Ukraine in the wake of Russian president Vladimir Putin's brutal invasion of the eastern European country in February this year.
Previous Jewish winners of the prestigious award includes chairman of the Federal Reserve Ben Bernanke (2009), Yitzhak Rabin (jointly 1993), Henry Kissinger (jointly 1972), and Mark Zuckerberg (2010).