Rihanna received Fashion Icon lifetime achievement award from Council of Fashion Designers of America (CFDA) ON JUNE2..

Rihanna is a red carpet winner while making a grand entrance at the 2014 CFDA Fashion Awards held at Alice Tully Hall at Lincoln Center on Monday (June 2) in New York City.

The 26-year-old singer wore a completely sheer dress that exposed a ton of skin and she still looked completely elegant at the same time. She IS wearing underwear if you look closely!

PHOTOS: Check out the latest pics ofRihanna

Rihanna is set to be honored with the Fashion Icon Award this evening and she sure is showing us that she deserves the prize!

FYI: Rihanna is wearing a custom Adam Selman fishnet dress, gloves and headscarf that are hand embellished with over 216,000 Swarovski crystals. She completed her look with a Jacob & Co. ring and a Paul Morelli ring and earrings.