Most Expensive Red Carpet Jewelry of All Time

9. Nicole Kidman’s Cascading Necklace

Designer: L’Wren Scott
Event: 2008 Academy Awards
Worth: $7 million*

Rocking red carpets is just a regular weekend to Nicole Kidman these days. The Australian-born actress has been in dozens of them over the years, but it was the necklace she wore to the 2008 Oscars that really turned heads. Designed by L’Wren Scott, the piece consisted of over 7,500 diamonds beautifully entwined in a cascade effect.

Nicole Kidman's Cascading Necklace - L’Wren Scott ©Everett Collection / Shutterstock.com


Nicole Kidman’s Cascading Necklace – L’Wren Scott ©Everett Collection / Shutterstock.com

Considering just how intricate the necklace was, it’s hardly surprising that it took over 6,000 to hand-make. Nicole looked radiant in the $7-million-dollar stunner – although it’s definitely a “wear once and never again” statement.