It's Kate Upton's world and we're all just living in it.
The blonde bombshell can add one more achievement to her already incredibly decorated career, as Upton was named the cover model for this year's Sports Illustrated Swimsuit Issue.
See the cover below courtesy of the SI Swimsuit Issue's Twitter feed.
The announcement was to be made on The Late Show With David Letterman on Monday night, but the SI Swimsuit Issue Twitter feed tweeted out a picture of the cover after it was revealed presumably during a taping of the show.
The Swimsuit Issue is set to hit newsstands on Tuesday.
View more Kate Upton photos here in our photo gallery.