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People magazine has announced their Sexiest Man Alive for 2008, and the winner is Aussie Hugh Jackman.

The 40-year-old actor gained recognition when he appeared in the 2000 film “X-Men” as Wolverine. He went on to star in the 2001 movie “Kate and Leopold,” which earned him a Golden Globe nomination.

Jackman then won a Tony Award for his Broadway portrayal of Australian songwriter and performer Peter Allen in The Boy from Oz in 2004.

He hosted the Tony Awards in 2003, 2004 and 2005, to glowing reviews, and earned an Emmy award for Outstanding Individual Performer in a Variety, Musical or Comedy program in 2005 when the Tony Awards were televised.

He is currently hitting the media circuit for his new epic film “Australia” with co-star Nicole Kidman. (View film trailer)

The new sexiest man alive met his wife, Australian actress Deborra-Lee Furness, on the set of his first TV acting job in “Correlli,” an Australian television series.

The couple has two adopted children, Oscar Maximillian, 8, and Ava Eliot, 3.

View more photos of Hugh Jackman, the reigning sexiest man alive, below.

See who else made the annual list at People.com

photos: Wenn