They’re “the ones who answered the call,” the magazine said on its website Wednesday morning.
Among the others considered: Ferguson protesters, Vladimir Putin, and Roger Goodell.
Other finalists included singer Taylor Swift, Chinese Internet tycoon Jack Ma, Apple CEO Tim Cook and Iraqi Kurdish leader Masoud Barzani.
Pope Francis received the title for 2013.
The magazine’s readers voted for Indian Prime Minister Narendra Modi to receive the title.
But the Time editors’ decision is based on their view of “the person or persons who most affected the news and our lives, for good or ill, and embodied what was important about the year.”