Salma Hayek: Pregnant & Engaged!

Yes, that Salma Hayek is pregnant AND engaged!

As first reported by The New York Daily News‘s Gatecrash columnist Ben Widdicome via PerezHilton.com, Latina bombshell Salma, 40, and French billionaire buisnessman Francois-Henri Pinault, 44, are expecting their very first child together later this year.

Says Salma‘s publicist, Ina Treciokas of ID Public Relations: “Businessman, Francois-Henri Pinault, and his fiancee, Salma Hayek, are happy to announce they are expecting the arrival of their first child.”

Since the day he was born, Francois-Henri had money growing out of his ears. His father, tycoon Francois Pinault (second picture below), is the founder of retail company PPR and ranked no. 74 among the world’s richest people in 2006.

Currently, Francois-Henri is the CEO of PPR, which basically runs the luxury-goods market. PPR owns big brands Gucci, Yves Saint Laurent, Bottega Veneta, Alexander McQueen, Stella McCartney, and Balenciaga.

Salma was last spotted leaving King Road Cafe in Hollywood on Sunday, March 4 (above). Francois-Henri was last seen in Paris, announcing the 2006 financial results for PPR yesterday, March 8 (third and fourth pictures below).

Congratulations to newly engaged couple! Let the baby bump watch officially begin!

First and second pictures below: Francois-Henri Pinault, Salma Hayek and papa Francois Pinault at the opening of an art show entitled “Where are We Going?” at the made-over Palazzo Grassi palace in Venice, Italy on April 29, 2006.

UPDATE :: Francois-Henri, who was once romantically linked to Nicole Kidman, was previously married and already has two children.