The ladies have a new reason to fawn over Brad Pitt as the star has signed on to become the face of Chanel No. 5!

According to E!, a source told the publication that the 48-year-old actor will shoot his first ad for the signature scent in London sometime this week.

Reports also say that Pitt will be rewarded handsomely for being the perfume's spokesperson, with his salary for the spot somewhere in the seven-figure range.

Reps for the actor and Chanel have yet to comment on the new alliance, but if the reports are true, Pitt will be making a pretty penny hawking the perfume. We're sure he likes the sound (and smell) of that!

Oh, and speaking of pretty, check out these photos of Brad and Angelina's new $16 million dollar London mansion in the gallery below!

Angelina Jolie and fiance Brad Pitt are ready to call West London home ... at least for a while.

The power couple have just purchased a $16 million mansion in Richmond, according to the Sun. The estate boasts an enormous yard and indoor swimming pool ... perfect for their six kids!

A source tells the site:

"They like the culture and are happy for their children to receive schooling here. They think Richmond is a beautiful part of the world. Brad and Angelina hold an affection for the U.K. so this investment makes sense."

Before reportedly purchasing this palatial pad, Brad and Angie were renting a home in Whornes Place for $50K per month while Pitt was filming World War Z.

Neighbors will include Johnny Depp, Sandra Bullock and George Clooney.

Brad Pitt and Angelina Jolie have ended their family vacation in South America.

The A-list twosome have been spending time with their large brood in the gorgeous Galapagos Islands.

While in South America, Jolie also visited Colombian refugees in Ecuador. The mom of six was recently appointed as a special envoy for the UNHCR.

See exclusive photos of their departure in our gallery below.

After going on a humanitarian trip to visit Colombian refugees in Ecuador yesterday, Angelina Jolie and Brad Pitt are back in the Galapagos Islands and once again enjoying some family time during their vacation in South America.

Jolie, who was just appointed as a special envoy for the UNHCR, went to Quito to meet with Ecuador's foreign minister, Ricardo Patino, to promote the "Thanks Ecuador" campaign in recognition of the country's assistance with Colombian refugees.

The newly-engaged couple left their six children with their nannies and bodyguards in the Galapagos on Sunday, so now it seems like their focus will be family fun and exploring the islands!

The Brangelina clan toured the Galapagos Islands on a private, chartered boat for two days before returning to the main island of Santa Cruz.

The whole family went along for the adventure -- Maddox, Pax, Zahara, Shiloh, Vivienne and Knox. The Ecuadorian islands are famous for their biodiversity and rich ecosystems -- there's wildlife there that can't be found anywhere else on the planet. The Galapagos tortoise is the most famous -- and is the islands' namesake -- there is a huge population of sea lions, iguanas and even penguins.

You can bet the Jolie-Pitts saw it all -- and added another stamp to their already-full passports before jetting off on Saturday.

We spotted Angelina wearing her ring -- as is visible in our photos of her and Brad on the way to their airport to catch their private jet -- a Gulfstream V.

Bon voyage!

Can you say power couple overload?!

Penelope Cruz is reportedly in talks to join husband Javier Bardem, in addition to Brad Pitt and possibly his real life love Angelina Jolie, in Ridley Scott's The Counselor. We've never heard of so many A-listers in one film, so we're going to guess the script is amazing!

This isn't the first time these couples have done a movie with their sweetie, either! Cruz and Bardem co-starred in Woody Allen's Vicky Christina Barcelona, and Pitt and Jolie famously met on the set of Mr. and Mrs. Smith.

The film is also set to star Michael Fassbender, who will play the Spanish actress' on-screen love interest.

With a cast like that, it could be a silent film and we would still go see it!

Newly-engaged Brad Pitt and Angelina Jolie touched down in Guayaquil, Ecuador Tuesday with the family in tow, to visit the Galapagos Islands, X17online can report exclusively.

The mayor of the town of Santa Cruz, Leopoldo Buchelli, confirmed the star couple's arrival but would not release any details of the family's scheduled trip.

Pitt and Angelina, who announced their engagement last week, touched down at 8:30am yesterday at the Baltra airport, in a private jet. They had a tour guide with them to handle their travel arrangements.

The family was spotted on a local tour bus, en route to a ferry headed to the islands famous for being the location of scientist Charles Darwin's most important studies on evolution. The national park is protected by the UN as a World Heritage site. Jolie, recently name a special envoy to the United Nations Human Rights Commission for Refugees, made a visit to Ecuador in 2010 as an ambassador for the UNHCR.

Hollywood is buzzing with excitement about Brad Pitt and Angelina Jolie's engagement, but the real question is... how does Jennifer Aniston feel about the news?

Various reports claim that the ex Mrs. Pitt is "so happy" for her former hubby, and actually credits the Tomb Raider vixen for breaking up her marriage! We're not so sure we believe that, but apparently the Bounty Hunter actress is so happy with her current beau Justin Theroux that she's glad the whole situation played out the way it did.

Other sources downplay the Friends star's reaction, or lack thereof! "She doesn't care. She really doesn't. She's happy with Justin [Theroux]. She'll probably marry him. She's moved on. People don't want to believe it, but she has," an insider tells E!.

Either way, it sounds like the Brangie/Jen love triangle is finally coming to a close!