The fashion designer was visibly emotional as she accepted her prestigious prize, making a speech in which she thanked husband David for his support.
"David, you inspire me every day. You support me. You make this possible. I adore you and my children," she said, eliciting coos from the star-studded audience.
Victoria rounded off the emotionally charged speech by thanking her parents. "And my parents, you love me unconditionally - and I know I am a pain in the bottom."
Wearing a statement black and white skirt with a chain belted detail from her eponymous line, Victoria surprised fans as she is renowned for her love of all-black ensembles for red carpet events.