Katy Perry has been named 'Woman of the Year.' She'll take home the award at the 2012 Billboard Women in Music event November 30 in New York City. What a year for Katy. She broke chart records, starred in a 3D movie, released her own perfume and toured the world.

Her CD "Teenage Dream" has produced five Hot 100 No. 1's, a first for an album by a female artist, and has sold 2.5 million copies in the U.S. alone. It has also spent over 100 weeks in the Billboard 200.

"Katy Perry broke into the industry not even five years ago, and has already accomplished more than most artists can hope for in an entire career,” Billboard editorial director Werde said in a statement. “We are thrilled to celebrate these incredible achievements and her amazing past 12 months by honoring her with the Billboard Woman of the Year Award. With what seems like a never-ending supply of record-breaking, chart-topping hits, coupled with her unique and fresh style, Katy Perry is hands-down one of the most exciting and inspiring artists in the industry today.”

Indeed, Perry herself as made no secret that she's calculated in her sales. When she nabbed the NARM Award in May, she boasted, “It’s really so fun working so hard, because I like reaching my goals -- I don’t know about you. I have to say that I do a lot to sell my records. I do the right things … I work very hard! I like to sell out in all the best ways.”

Watch the Katy Perry 'Wide Awake' Video