Honestly, she's looking unbelievable from all angles.
Looking incredible, model Gigi wore a stunning gold dress, featuring kimono sleeves and a high neckline.
Gigi also chose a couture gown, wearing a gold embroidered Zuhair Murad from the Fall 2016 show.
Bella, 21, meanwhile opted for a white suit with a silver bodice and her hair pulled back in a sleek ponytail.
"Serena, I just want to say you have been such a lovely light in my life for so many years, and I can't tell you how happy I am to call you my friend", said Gigi. "Not only attractive on the outside but totally stunning most importantly on the inside", the 23-time Grand Slam champion also said during her presenter's speech.
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"So I'm so excited and it's such an honor".
After collecting her award from tennis ace Serena Williams, Gigi said: "I think my biggest responsibility, standing here, is to all the young women who are watching. And I want you to imagine the affect you have on the world".
On December 29, 2016, Serena announced her engagement to boyfriend Alexis Ohanian, co-founder of Reddit.
In her first public appearance since giving birth to daughter Alexis Olympia Ohanian Jr. on September 1, Serena revealed that she shared such a strong bond with Hadid that she could leave her baby for a day to be a part of the supermodel's special moment.