Tyra Banks' Flawsome Ball: Star-Studded Yellow Carpet And Drake Performance (PHOTOS)

Tyra Banks likes to remind us that although she may be considered one of the world's most beautiful women, she's far from flawless.

The "America's Next Top Model" host has Instagrammed her "muffin top" and is constantly poking fun at her large forehead, which is the inspiration behind a new ABC comedy series called "Fivehead" based on her awkward teenage years. This 38-year-old beauty will even brave the streets of New York City without a stitch of makeup. But who is she kidding? The woman is gorgeous--(barely there) back fat and all.

And it's that self-deprecating charm and self-acceptance that makes Tyra so darn lovable. She celebrated that message of self-esteem in a big way Thursday night in New York City with the first-ever Flawsome Ball (flaws + awesome= flawsome).

The model-cum-mogul threw the event, whose tagline was "Perfect is boring. Flaws are awesome," to benefit The Tyra Banks TZONE foundation, which is housed at the new Lower Eastside Girls Club Center--you know, the one with the bakery and planetarium.

Dressed in an over-the-top cream and white striped gown, Tyra was joined by a host of girls from the TZONE and her fancy friends, of course.

Rosario Dawson, Padma Lakshmi, model Chanel Iman, Olympic gold-medalist Allyson Felix and Tyra's ANTM crew; Kelly Cutrone and Rob Evans, were just a few of stars that hit the yellow carpet for the event.

Guests enjoyed fabulous food by world-renowned chef Marcus Samuelsson, a "smize" photo booth and a special performance by Grammy-nominated rapper Drake, who at 25-years-old earned his high school diploma on Wednesday.

Sounds like a pretty flawless night to us!

Check out the Flawsome fun in the slideshow below. And tell us what flaws you love about yourself in the comments section.

Tyra Banks' Flawsome Ball 2012