Out of all the beautiful women in the world, People Magazine has named model Kate Upton the Sexiest Woman Alive! The stunning beauty accepted the award last night at the first People Magazine Awards with grace and a few laughs thanking her fans, apologizing to her 18 year old brother and telling her boyfriend “You’re welcome.” The Sports Illustrated cover model and actress took the stage in a sexy black dress showing why she deserved the coveted title. See her smoldering style here!