Elle Macpherson Engaged to Billionaire Jeffrey Soffer!

Elle Macpherson attends the 2013 G'Day USA Black Tie Gala at JW Marriott Los Angeles.  JB Lacroix/WireImage

She said yes! Elle Macpherson has accepted billionaire Jeffrey Soffer's marriage proposal, a source tells Us Weekly. The couple's happy news was first reported by Access Hollywood.

The former Fashion Star host, 49, the hotel heir, 43, dated for two years before splitting in March 2012. Though Macpherson briefly dated financier Roger Jenkins post-split, she and Soffer reportedly rekindled their romance after the real estate developer injured his vertebrae in a November helicopter crash.

Elle Macpherson & Jeffrey Soffe Engaged
Splash News

This will be the second marriage for Macpherson, who was married to fashion photographer Gilles Bensimon from 1986 to 1989. The Australian supermodel has two sons with ex-boyfriend Arpad Busson: Arpad Flynn, 15, and Aurelius Cy, 10.

PHOTOS: Love lives of models

Macpherson, who is the host and executive producer of Britain and Ireland's Top Model, has yet to comment on her engagement via Twitter. Calls to her rep were not immediately returned.

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