
The former Spice Girl, who also won Entrepreneur of the Year, attended the London event dressed in a corset and pair of frilly knickers.
Glamour editor Jo Elvin said: "For the past ten years, Victoria Beckham has been a figure of fascination. She has successfully reinvented herself from pop star to devoted wife and mother, to successful designer and business mogul.
"She is indicative of the modern woman, successfully juggling the balance between work and home, and is a role model in terms of achieving it all."
After thanking Glamour magazine and its readers, Victoria said: "I don't feel the need to be famous any more but fame has given me the tools to do what I really love. Whether it's perfume, sunglasses, jeans - I enjoy them all."
Victoria caused a stir on the red carpet with her raunchy choice of outfit, showing off her slim legs in vintage-style tights and patent stilettos.
Pregnant Charlotte Church was named TV personality of the Year, while Sienna Miller picked up the Film Actress of the Year award and Girls Aloud were named Band of the Year.
Since quitting music, Victoria has launched her own fragrance line with husband David, her own jeans and sunglasses ranges and written two books - her autobiography 'Learning to Fly' and style guide, 'That Extra Half an Inch: Hair, Heels and Everything In Between'.
Victoria, who has three sons - Brooklyn, eight, Romeo, four, and Cruz, two, is currently decorating her new Beverly Hills home ahead of the family's US move this summer, and is working on her new reality TV show.
Glamour magazine awards 2007 full list of winners:
Woman of the Year - Victoria Beckham
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