Lady Gaga Wore a $30 Million Diamond Last Worn by Audrey Hepburn to the Oscars

Lady Gaga | MARK RALSTON/AFP/Getty Images
Lady Gaga | MARK RALSTON/AFP/Getty Images

Lady Gaga made history when she walked the red carpet this past weekend at the Oscars. She was wearing perhaps the most expensive piece of jewelry to ever grace the event: a $30 million 128 carat Tiffany diamond.

Prior to Gaga, the most expensive piece of jewelry to be worn across the Oscars carpet was the $20 million Harry Winston blue diamond inspired by the “Heart of the Ocean” featured in Titanic. The necklace was worn by none other than Gloria Stuart.

“It was Gloria Stuart—at 87, the oldest person ever nominated for a Best Supporting Actress Oscar—who set a jewelry record that night. Her 15 carat blue diamond—the rarest of the rare and reminiscent of the famed Hope Diamond now on view at The Smithsonian—was set in a diamond necklace by Harry Winston,” reported Town & Country of the 1998 red carpet moment.

The famous Tiffany Diamond doesn’t usually see the light of day

The diamond Gaga wore, the $30 million 128 carat diamond, doesn’t get a lot of action–it’s usually safely tucked away in its vitrine on the main floor of the Tiffany store on Fifth Avenue, according to jewelry expert Stellene Volandes. The store, however, made an exception for Gaga.

The chief artistic officer of the jewelry empire, Reed Krakoff, thinks Gaga to be “the ultimate creator, innovator and rule breaker.”

“I’m thrilled that she will be wearing the legendary Tiffany Diamond on the awards show red carpet for the first time since it was discovered 141 years ago,” he said.

Lady Gaga’s style team was giddy over the diamond

“The chance to work with such an amazing piece of design and history tonight is a creative dream come true,” Lady Gaga’s stylists Sandra Amador and Tom Eerebout told The Hollywood Reporter. “There are so many beautiful jewels in the world, but the radiant Tiffany Diamond … is truly exceptional, which is just so fitting for Lady Gaga.”

The rest of Lady Gaga’s look

When she first stepped onto the red carpet, Gaga was wearing a black Alexander McQueen gown (along with the Tiffany Diamond, of course). But she used her performance of Shallow with co-star and close friend Bradley Cooper as an opportunity to change gowns. For the performance, she wore a black Brandon Maxwell gown. Maxwell shared with his Instagram following how “This is without a doubt one of the proudest days of my life and career.”

Audrey Hepburn wore the same diamond

Audrey Hepburn wore the same iconic piece of jewelry back in 1962 to promote Breakfast At Tiffany’s. She wore the diamond at the center of a Jean Schlumberger diamond ribbon necklace to take some promotional shots for the upcoming film. She was the second woman to ever wear it publicly, according to Volandes. The diamond was first worn by Mrs. Sheldon Whitehouse at the 1957 Tiffany Ball in Newport, Rhode Island. Lady Gaga is the third person to ever wear the diamond.

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