Credit: Bauer-Griffin

Diane von Furstenberg leads the charge in empowering women with her fabulous fashion and philanthropic efforts. Next week, she'll launch the DVF Awards, an annual ceremony that honors inspirational women around the world. The iconic designer has also released a compilation album entitled Proud to Be Woman, featuring 12 songs by amazing female artists such as Mary J. Blige, Christina Aguilera and Joss Stone. Sales of the CD, which is now available for $15.99 at DVF boutiques, and iTunes, will benefit Vital Voices, an organization that supports women leaders and entrepreneurs across the globe.