Salma Hayek and her fiance, Francois Henri Pinault, are the proud parents of little Valentina Paloma Pinault. Salma went into the hospital on Thursday, and this is her first child. Francois has two other children from a previous marriage.

Pinault is the CEO of PPR (which owns Gucci and Yes Saint Laurent - oooh lucky Salma!), and Salma has been quite busy with Ugly Betty, where she serves as a guest star and executive producer of the show.

She told Marie Claire magazine earlier this year:

“Motherhood is not for everyone. It is for me, but there’s no reason women should feel rushed to have a child.”