Las Vegas: Singing sensation Beyonce Knowles has bagged this year's Billboard Millennium Award.

From First Lady Michelle Obama and Oprah Winfrey to Lady Gaga and Stevie Wonder, the Who's Who of the industry was there to laud the R&B star.

"You are so much more than just a pop star or an icon; you represent the dream," Lady Gaga, who collaborated with the 29-year-old pop sensation in "Telephone" said.

"I can remember when she was a kid and she saw Whitney Houston and she said 'One day I'm going to do that', proud mom Tina Knowles said, holding back her tears.

Owner of 16 Grammies, Beyonce grooved to her new single "Run the World (Girls). Other prominent winners included teen icon Justin Beiber, Eminem and Taylor Swift, website reported.