Beyonce was honored with a “Woman of the Year” prize at Billboard Magazine’s annual Women In Music Luncheon at The Pierre Hotel in New York City on Friday.

The “Sasha Fierce” star — best known for her smash singles “Woman Like Me,” “Deja Vu,” and “Single Ladies (Put A Ring On It)” — was accompanied to today’s ceremony by her parents, Mathew and Tina Knowles, and former Destiny’s Child bandmate Michelle Williams.

“I am the luckiest woman in the world,” the platinum-selling singer said as she accepted her award. Pop sensation Lady Gaga was honored as Billboard’s “Rising Star of the Year” at today’s event.

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