Linus Torvald didn't set out to change the face of computing, nor did he think that his little emulator program would become the kernel upon which hundreds of operating systems are built and on which huge servers are run. In fact, he didn't even want to name the software Linux--he thought it was egotistical. Despite his concerns, Linux it was, part homage to the man who created it and part reference to UNIX, the system that spawned his interest in creating a more accessible OS.
eHow Article: About Linux