Gwenyth Paltrow has no reason to be humiliated by the sheer dress she wore to the Iron Man 3 premiere. At least I wasn't complaining. If anyone can pull off a dress revealing no underwear, it's Paltrow, who was just named the world's "Most Beautiful Woman" by People magazine.

Designer Antonio Berardi thought Paltrow wore the dress with perfect elegance.

Gwyneth manages to bridge the gap of glamour and modernity," Berardi said in a recent interview with Grazia. "She makes things look iconic!"

At first I was a little surprised to read headlines saying the Iron Man 3 co-star was humiliated. I had seen pictures of her at the red carpet looking confident and stunning. But Friday on TheEllen DeGeneres Show, Gwyneth revealed how embarrassed she really was.

"I kind of had a disaster. I was doing a show and I changed there, and I went and I couldn't wear underwear," the actress explained. "Let's just say, everyone went scrambling for a razor."

Though Paltrow looked flawless in the dress [heck she'd look flawless in a McDonalds uniform] she revealed several body insecurities on The Tonight Show With Jay Leno.

"It's to do with butt cheeks," she said, in addition to her "personality flaws galore."

What do you think of Gwyneth Paltrow's scandalous dress at the Iron Man 3 premiere? Too much or stunning?