This year's list hit the newsstands in the latest issue of the magazine on Friday. Cover by time.com
British comedian Sacha Baron Cohen, who won notoriety for his portrayal of fictional character Borat, made the list of Time magazine's 100 most influential people, but US president George W. Bush was left out.
Time's annual list is split into five categories - artists and entertainers, leaders and revolutionaries, heroes and pioneers, scientists and thinkers, builders and titans.
Among the entertainers honoured by the magazine are Martin Scorsese, who finally bagged an Oscar on his sixth attempt, supermodel Kate Moss, actor Brad Pitt, pop-star Justin Timberlake and Borat.
The most influent leaders section features Queen Elisabeth II, Germany's first female chancellor Angela Merkel, New York mayor Michael Bloomberg and Osama bin Laden.
Neither Bush, nor Vladimir Putin, the leaders of arguably the two most powerful countries in the world, made the list, but two people who have often criticised the two - Hillary Clinton and Garry Kasparov - did.
Kasparov is joined in the pioneers section by investment guru Warren Buffett, tennis player Roger Federer and iconic U.S. talk-show host Oprah Winfrey.
Al Gore made it to the scientists section for his running battle against global warming, in the company of microbiologist J. Craig Venter, geneticist Svante Paabo and Microsoft co-founder Paul Allen, who makes the list for funding aerospace and neural science research.
Builders include British entrepreneur Richard Branson, famous for his Virgin group of companies, YouTube founders Chad Hurley and Steve Chen, Lakshmi Mittal, the man who built the world's largest steel conglomerate, and Apple founder Steve Jobs.