These aren’t small compliments. The German chancellor is labeled the de facto “leader of a continent” and “chancellor of the free world” in the magazine’s profile. Bolstering the case is her leadership over the Greek debt and refugee crises. Time said its runner up was Islamic State leader Abu Bakr al-Baghdadi followed by Republican presidential frontrunner Donald Trump. The 61-year-old is only the fourth woman to win the award and the first solo female honoree in 29 years. A spokesperson said Merkel will “cherish” the honor as she continues her work in Germany and beyond.