Time Magazine has named US President-elect Donald Trump its "person of the year" after the American Republican dramatically overturned expectations and won the 2016 election in November.

"For all of Trump's public life, tastemakers and intellectuals have dismissed him as a vulgarian and carnival barker, a showman with big flash and little substance," writes Time's Washington Bureau Chief Michael Scherer in a profile of Trump's rise to power.

"What those critics never understood was that their disdain gave him strength," Scherer writes. "For years, he fed off the disrespect and used it to grab more tabloid headlines, to connect to common people."

Time Magazine has selected a newsmaker of the year for a special issue since 1927. The tradition celebrated its 75th anniversary in 2002. Trump beat out others shortlisted for the award, including his Democratic rival Hillary Clinton, hackers, Turkish leader Recep Tayyip Erdogan, and Beyonce.

The article features intimate shots of Trump inside his gilded set of suites inside Trump Tower in New York City.