The war veteran raised more than £32m for NHS charities by completing 100 laps of his garden before his 100th birthday at the end of April.
Capt Tom Moore made headlines across the globe back in April when he set out on his fundraising where the his initial target was to raise £1,000.
Within days Moore had captured the hearts of not only a nation, but the world, and his determination to complete the challenge with the aid of a walking frame caused people to donate in their droves raising millions of pounds.
British Prime Minister Boris Johnson described Capt Moore as a “true national treasure” and commended his “fantastic fundraising” which he said “provided us all with a beacon of light through the fog of coronavirus”.
The knighthood, which has been approved by the Queen, will be formally announced today.
His knighthood comes just weeks after he was appointed an honorary colonel to mark his centenary and fundraising efforts.