Despite being in "princess mode" while shooting for this year's cover story, Bullock, 50, insists she just laughed when she heard about the honor. "No, really. I just said, 'That's ridiculous,' " she tells PEOPLE. "I've told no one."
Instead the Oscar winner, who voices a super villain in the upcoming movie Minions, has found beauty in her role as mom to her 5-year-old son, Louis, adding that their life together is a constant reminder of what's important.