The Most Luxurious Jewelry of the 2016 Academy Awards

The Academy Awards is the opportunity for all of Hollywood to recognize and award the greatest achievements in film from the past year. It is also where all of Hollywood’s celebrities dress up in the most beautiful evening wear to celebrate the event, donning the fashion industry’s most renowned designers and carefully choosing their gowns and tuxedos to reflect their personal fashion tastes and unique personalities. However, the most exciting element by far of the celebrities’ dress is their fabulous jewelry. Every year, some celebrity or another makes headlines for the amazing gem creations that they wear, because of the design and often also because of the carat size of the stones and the price tag of the jewelry pieces! It is the celebrity’s opportunity to choose a famous or up and coming jewelry brand and show the world that they love that brand’s design and identify with the lifestyle and message that the brand projects. That is why certain jewelry brands are permanent fixations on the Oscars red carpet, such as Tiffany & Co., Chopard, Harry Winston, and Bulgari. Other jewelry companies come and go, but still are represented in some way, such as Neil Lane, Forevermark, and Lorraine Schwartz, and the occasional new designer. The jewelry that adorns the celebrities at this always sparks trends for the following year in all types of pieces, from rings to bracelets, necklaces, earrings, and others. It is also often a major leaping point for new jewelry designers looking to get introduced to the world.

This year, the most popular look in red carpet jewelry was statement earrings paired with large rings, either with or without large decorative bracelets as well. There were also some very noticeable necklaces, which were paired with understated stud earrings. The most fascinating jewelry piece of the evening was the octopus bracelet-ring worn by Whoopi Goldberg, which was designed by Istanbul designer Sevan Bicakci.

The octopus bracelet-ring worn by Whoopi Goldberg by Istanbul designer Sevan Bicakci

Harry Winston

The beloved designer made an appearance on the show stopping jewelry of Hollywood A-listers Charlize Theron and Kerry Washington. Theron’s jewelry quickly became the most talked about of the night. She wore $3.7 million worth of Harry Winston diamonds, all set in platinum. The colorless diamond arrangement included the 48.8 carat Secret Cluster Diamond Necklace, colorless diamonds in a long chain ended with a diamond knot, the 15.49 carat Winston Cluster Diamond Earrings, colorless diamonds in knots, a 8.78 carat Cushion-Cut Diamond Ring with micropavè detail, a micropavè diamond band ring, and the 7.44 carat Queen Diamond and Ruby Ring. Actress Kerry Washington wore 42.54 carat Harry Winston vintage 1963 Three Row Diamond Hoop Earrings and the 12.02 carat Three Row Diamond Carpet Ring, both set in platinum.

Charlize Theron and Kerry Washington in Harry Winston jewelry at the 88th Academy Awards


This famous brand made its appearance in the diamond and gemstone earrings, necklaces, and bracelets of Julianne Moore, Jennifer Lawrence, and Saoirse Ronan. Ronan was a very talked about fashionista of the evening as she chose to mismatch her Chopard emerald, jadeite, diamond and pearl earrings. Jennifer Lawrence, everyone’s favorite female celebrity, accessorized simply in her three-strand Chopard diamond necklace. Julianne Moore was the most daring of all three with her circular Chopard earrings and statement cuff bracelet.

Saoirse Ronan, Jennifer Lawrence, and Julianne Moore at the 88th Academy Awards


The fabulous Italian designer did not disappoint with two of the most incredible jewelry pieces of the evening, both necklaces. The first was that of beautiful actress Naomi Watts, who wore a bold Bulgari diamond necklace of round brilliant pave diamonds designed in a symmetrical leaf pattern. The other necklace was an incredible sapphire and diamond creation worn by Tina Fey. Featuring 9 large sapphires and countless pave set diamonds, the geometrical design was fabulous and noticeable but totally appropriate for the comedienne’s attire. 

Tina Fey and Naomi Watts at the 88th Academy Awards

Tiffany & Co.

The beloved designer of women and girls around the world used the opportunity to showcase looks from the brand’s 2016 Blue Book. The lucky ladies to wear the brand on the red carpet this year were none other than Cate Blanchett, always the most ethereal on any red carpet, Reese Witherspoon, and Sophie Turner. We have observed that Cate Blanchett and Reese Witherspoon very often wear Tiffany & Co. to the Oscars and we would venture to guess that they wear them exclusively, possibly as some sort of endorsement arrangement or maybe merely because of both stars’ devotion to the beloved brand. Regardless of the reason, both women are very identifiable and beloved by the masses and make excellent representatives for Tiffany’s. Cate Blanchett wore an ocean themed set her light blue Armani dress, including a starfish cuff bracelet, fern earrings, and a large round brilliant diamond statement ring. Reese Witherspoon wore quite a few pieces, totally a value of $1 million, which consisted of 4 bracelets, a cocktail ring, and stud earrings. These included earrings in platinum with pear-shaped and marquise diamonds, a bracelet in platinum with baguette and round diamonds, a bracelet in platinum with marquise, pear shaped, and round diamonds, a bracelet in platinum with marquise and round diamonds, a bracelet in platinum with marquise and pear shaped diamonds, and a ring in platinum with a 7.49-carat emerald cut tsavorite and pave set colorless diamonds. The tsavorite stone made a repeat appearance in the earrings worn by Sophie Turner. Her look consisted of a Tiffany Victoria modern cluster necklace of diamonds in platinum, Tiffany Soleste earrings with pear shaped tsavorites and diamonds in platinum, a Tiffany Victoria alternating ring in platinum with diamonds and a Tiffany Aria ring of diamonds in platinum.

Cate Blanchett, Reese Witherspoon, and Sophie Turner at the 88th Academy Awards

Whether it is the celebrities who made the brand what it is or the brand that sets the tone for the celebrities is actually not important. In fact, throughout recent decades, the mere fact that a piece of jewelry was owned by someone famous gave significant added value to that piece of jewelry. However, at the same time, jewelry worn or owned by celebrities or famous people that was made by a celebrated jewelry designer was far more valuable in its final sales price than jewelry owned by those people that was made by an ordinary brand. That being said, famous people hardly buy jewelry that was not made by a fancy designer! The point here is that these two concepts are intricately connected for a reason. The added value of a piece of jewelry being from a name brand (or having been worn or owned or gifted by someone famous) makes it worth far more than the sum of its diamonds, gemstones, and metals. This is a very important fact for people looking to buy themselves jewelry and want to ensure that its true value is worth more than something that could supposedly be easily substituted for it in the market.

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