"Time Magazine called to say that I was PROBABLY going to be named 'Man (Person) of the Year, ' like last year", he tweeted just a few hours after calling for a border wall with Mexico in light of a terror attack in Egypt.
The US President - who received the accolade previous year, has tweeted to say "probably" wasn't good enough, so he "took a pass".
Since 1927, the TIME Magazine has chosen a "Person of the Year", defined as a person (or people) who has had the most influence over the news in the last 12 months, according to its website.
It claims it doesn't comment on its choice until publication, which is on the 6th of December.
The development has elicited numerous reactions on Twitter, with Richard Stengel, a former editor of Time, also taking a swipe at Trump.
'I knew previous year that @TIME Magazine lost all credibility when they didn't include me in their Top 100.' Trump tweeted in October 2012.
The President is incorrect about how we choose Person of the Year.More news: Pakistan may file 'fresh charge' against Hafiz to keep him in custody
Hate to tell you but that PROBABLY means you're NOT Person of the Year. He has falsely claimed to hold the record for cover appearances, and was revealed earlier this year to have displayed fake issues of Time with himself on the cover at several of his private golf clubs.
Andy Murray has mocked Donald Trump on Twitter in a display of the Scot's humour.
"Sports Illustrated called and said I was probably going to be Sportsman of the Year, but it was going to take a long photo shoot and interview".
Mr Trump's professed indifference to the award contrasts a little with previous years, where he has paid close attention to the judges' decision.
Hollywood just called to say that I was PROBABLY going to be named the next James Bond but I would have to agree to an interview and a major photo shoot.
Trump said the magazine informed him he was "probably" going to be granted the title for the second year in a row.
And not only him, there were others who could not digest the information.