Barbra Streisand, Jennifer Aniston among honorees at Elle's Women in Hollywood

(CBS/AP) Nine top Hollywood female stars were honored at Elle magazine's 18th Annual Women in Hollywood Tribute in Beverly Hills, Calif.

The women celebrated this year included Barbra Streisand, Jennifer Aniston, Freida Pinto, Evan Rachel Wood, Naomi Watts, Michelle Pfeiffer, Viola Davis, Stacey Snider and Elizabeth Olsen, who received the Calvin Klein Collection Emerging Star award.

Pictures: Elle's Women in Hollywood 2011
Pictures: Jennifer Aniston

The clear winner of the night was Streisand, who picked up the L'Oreal Paris Legend award. Most of the women at the event looked up to and were inspired by the singer/actress' career. Oscar-winner Kathryn Bigelow, who directed "The Hurt Locker," called Streisand "a world icon" and "somebody who has mastered virtually every art form imaginable: directing, acting, composing, singing, producing, writing," as she introduced her on stage.

Fellow nominee Aniston told the singer that she loved her, and Pinto added that she was honored just to be "sharing the same oxygen" with Streisand.

"You're a legend not only in Hollywood but literally all over the world," Pinto said to Streisand. "I can say that because I come from India."

In her acceptance speech, Streisand told the crowd that only seven percent of the top 250 films were directed by women, and she encouraged those in the audience to continue to break barriers in the entertainment industry. "Let's be bold and don't wait for the phone to ring," she said. "Create your own material. Tell me a story."

Check out Elle's short documentary on their top Women in Hollywood, featuring interviews with the honorees: