From model to actress to mother -- Devon Aoki is pregnant.

The 28-year-old model is expecting her first child with financier fiance James Bailey, and the pair are thrilled at the prospect of becoming parents.

"Devon and James are extremely happy. They became engaged over the summer, and she has just found out she is pregnant," her representative said.

Devon, who is the heiress to a large fortune as her father founded the Benihana chain of restaurants, began modeling at 13 and took over from Naomi Campbell as the face of Versace when she was 16. She then ventured into acting appearing in films such as Sin City and 2 Fast 2 Furious.

When she first burst onto the modeling scene, she was touted as the new Kate Moss and while she has never achieved the same success, Devon has huge admiration for the 36-year-old beauty: "I have a lot of love for her. I hate all the bad publicity she has had over the past year, because she is a wonderful person - she is a true icon."