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The Most Expensive Red Carpet Dresses of All Time

August 3, 2026 by Regina Clarke

#9: Lupita Nyong’o in Calvin Klein
Cost: $198,846

Lupita Nyong’o made red-carpet history at the 2014 Academy Awards in a breathtaking custom Calvin Klein gown adorned with over 6,000 pearls. The ice-white creation shimmered with texture and light, transforming her into a vision of modern royalty. Its sculpted neckline and fluid silhouette defined one of fashion’s most unforgettable Oscar moments.

Image credits: Getty Images12. Lupita Nyong’o (2014)
Event: The Academy Awards
Designer: Calvin Klein
Cost of the red carpet look: $198,846Sign up to the Vogue newsletter

The gown, designed by Francisco Costa, embodied understated opulence and craftsmanship. Paired with delicate jewelry and her signature radiant smile, Lupita exuded confidence and individuality. The look perfectly captured her breakout year in Hollywood, signaling her emergence as both a fashion muse and a cultural icon of elegance.

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Filed Under: Mobile Tagged With: infiniteScroll

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