Tyra Banks waves hello on the red carpet last night at the annual 2012 TIME 100 list of the most influential people in the world at the 2012 TIME 100 gala in New York City.

Looking lovely in a Merlot gown, the model-turned-mogul ‘smize’ as she made her way inside the Jazz at Lincoln Center.

Earlier this week, Tyra spoke out about the shocking firing of her panel of experts Nigel Barker, Jay Manuel and J. Alexander from ‘America’s Next Top Model.’

“We reached a point where were feel the show needs a new boost,” the 39-yr-old beauty told Access Hollywood at New York City’s Matrix Awards. “It’s very difficult because I love my guys, they’re my guys,” she continued. “They’ve been there since the beginning of the show… My partner Ken Mok and I have projects we’re developing, and we’re a family, it doesn’t end.”