Why do we hate Heidi Klum? Because she looks hot and sexy when she's several months pregnant. Okay, so we don't really hate her. We envy her. Enormously. See more photos after the jump...

The supermodel showed up at the 2009 CFDA Fashion Awards in New York City yesterday wearing a short, show-stopping silver dress and large dangling earrings. What do you think of Heidi? Is she hot or not? Let us know in the comments!

Image © Janet Mayer / PR Photos

Heidi is eagerly awaiting the birth of her fourth child (the third with husband Seal) later this year. The model is adamant that this child will be her last - admitting their family will then be complete. She says, "When we looked around the table, it was like one person was missing. And that's how number four came about. But that will be it."

Image © Janet Mayer / PR Photos

In the past 12 months, Heidi was the second highest paid supermodel in the world, making an estimated $16 million. Coming in at number one? Gisele Bundchen, who made a staggering $25 million in 2009 alone.

Who else likes silver dresses? Jennifer Aniston! Check out her dress here!

Image © AP Photo

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More: Celebrity Hot or Not? / Slideshows / Fashion photos