Project Runway All Stars crowned Seth Aaron Henderson its third-season winner during Thursday night's finale broadcast of the Lifetime fashion design competition.

Seth Aaron from Vancouver, WA, who previously won Project Runway's seventh season, was chosen as the winner of the competition by judges Georgina Chapman and Isaac Mizrahi as well as guest judges Zac Posen and Gayle King. He is the first Project Runway winner to ever win the show's All Stars spinoff.

"I said I wouldn't cry unless I was really happy, and I am really happy!" Seth Aaron said in tears after learning he had won the competition.

"To have a double title, that is my pinnacle of winning this. It's going to allow me to move, finally, from the Northwest to LA and start my business there. Winning this show is not about being on TV, winning this show is making a future for myself and for my family. I am really happy."

Seth Aaron won with his mini collection entitled "Ole," which he unveiled on the runway inside The United Nations headquarters in New York. The designer's seven-piece collection, which he created and executed in only four days, was inspired by his Spanish heritage and featured the colors yellow, black and red.

Prior to the finale, most of Seth Aaron's designs this season were inspired by New Wave, Punk and '80s Goth music.

For winning Project Runway All Stars, Seth walked away with the largest grand-prize package in the franchise's history: a chance to create his own custom-branded capsule collection with QVC, a fashion spread in Marie Claire and a position at the magazine as Contributing Editor for one year; Next Generation technology and office space from HP and Intel to help expand his business; a year's supply of Natural Spring Water; and an all-expenses paid trip for two to South East Asia.

Seth Aaron also received professional hair styling and photography for all of his fashion shows over the course of one year; a year's worth of Mary Kay beauty products for his fashion shows; use of a professional makeup artist for his debut fashion show; a cash prize of $150,000; and a custom sewing studio to launch the winning line from Brother Sewing and Embroidery.

Seth Aaron defeated runner-up Korto Momolu from Little Rock, AR. She also previously finished Project Runway's fifth season in second place. Korto's mini collection was inspired by Liberia. Mostly all of her pieces were either yellow or white. 

"I'm second place again. It is what it is. I'm going to keep moving because that's what I do. I fall; I get up. I've come too far to stop now, but who gets to the finale as many times as I do?!" Korto said with a laugh after the results were revealed.

Third place went to Elena Slivnyak from San Francisco, CA. She had finished Project Runway's tenth season in sixth place. Her mini collection featured during last night's finale was inspired by Ukraine and utilized the colors gray, yellow, black and blue.

"I came here with the goal of showing my collection, so I'm leaving here a changed person and I'm so happy," Elena said following her ouster.