Let $X$ be a (smooth) projective variety (over $\mathbb{C}$), and $\mathcal{L}$ an ample line bundle on $X$. I have heard that then
$$ X \cong \mathrm{Proj} \left( \bigoplus_{k \ge 0} H^0(X,\mathcal{L}^{\otimes k}) \right)$$
but I am not sure how to prove this or if this is even an equivalent definition of ampleness. Can anybody provide an explanation or a reference?