Believe it! Gaga wore diamond worth $30m

Lady Gaga delivered everything you were hoping for at this year’s Academy Awards: tears during her acceptance speech, a gleaming disposition sitting in the front row, and an emotional and stirring performance with co-star Bradley Cooper.

As the star is wont to do, Lady Gaga also turned heads on the red carpet — this time with a 128.54-carat yellow Tiffany diamond that was worth almost as much as it cost to produce A Star Is Born. The enormous, cushion-shaped diamond is worth nearly $30 million, according to estimates from Tiffany & Co. (For reference, A Star is Born cost around $36 million to produce.)

That means Lady Gaga’s diamond is reportedly the most expensive piece of jewelry ever worn at the Academy Awards. While the diamond was perhaps less attention-grabbing than her iconic meat dress, it was historic in its own right. Audrey Hepburn once wore the same Tiffany diamond, set on a different piece, for promotional shots for 1961’s Breakfast at Tiffany’s.