Miss USA, Olivia Culpo, Crowned Miss Universe

Isaac Brekken/Getty Images(LAS VEGAS) -- Miss USA, Olivia Culpo, has been crowned the new Miss Universe.

The 20-year-old from Rhode Island beat out 88 contestants Wednesday night to take the title.  She took the crown from incumbent Leila Lopez of Angola.

The event took place at Planet Hollywood casino in Las Vegas and aired on NBC with hosts Guiliana Rancic and Andy Cohen.  It was the 61st time the pageant has been staged.

Culpo, a sophomore at Boston University, wore purple and blue for the bikini round and answered questions in a red velvet gown.  When quizzed about her regrets, she said she wished that she hadn’t picked on her siblings.

Miss Philippines Janine Tugonon came in second, while Miss Venezuela Irene Sofia Esser Quintero placed third.

Copyright 2012 ABC News Radio

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