The 98th Academy Awards ceremony just took place at the Dolby Theater (Los Angeles) is not only an event honoring outstanding films but also a place to showcase the world's most luxurious designs. Among the faces appearing on the red carpet this year, actress Kate Hudson attracted all the attention of the international media when wearing an extremely rare blue diamond jewelry set estimated to be worth up to 35 million USD, equivalent to about 920 billion VND (at the exchange rate of 1 USD for 26.3 thousand VND).
The star of the movie Hamnet appeared in a turquoise fishtail dress from the Giorgio Armani Privé fashion house. However, the real value of this appearance lies in the accessory set crafted by the jewelry brand Garatti. The highlight of the jewelry set is a necklace studded with a blue diamond (Fancy Green Diamond) weighing 16 carats, surrounded by more than 41 carats of solid white diamonds. Going along with it is a ring studded with a dark blue diamond of 15 carats and a pair of matching earrings, creating an overall gemstone weight exceeding 60 carats.
The 35 million USD figure has made Kate Hudson the star with the most expensive appearance on the 2026 Oscar red carpet. To compare, the value of this jewelry set surpasses even the famous Tiffany gold diamond that Lady Gaga wore in 2019 (worth 30 million USD). According to analysis from gemstone experts in Vogue, natural-colored diamonds, especially green, belong to the rarest gemstones on the planet and usually only appear in closed auctions or special international events.
The appearance of Kate Hudson with "fortune" on her neck also clearly reflects the fashion trend at this year's Oscars, as stars gradually return to the classic Hollywood style (Old Hollywood Glamour). Instead of fussy structured outfits, artists prioritize minimalist designs to create the background for high-value collected jewelry. Although she did not win in the Best Actress category, Kate Hudson still created one of the most memorable moments in terms of image this season.
Besides Kate Hudson, the 98th Oscar red carpet also witnessed the influx of many other luxury items. Kylie Jenner impressed with more diamond jewelry from Lorraine Schwartz, while Anne Hathaway chose a gold diamond necklace from Bvlgari. However, considering the rarity of the material and listed value, Kate Hudson's jewelry set was still rated by prestigious fashion magazines as unrivaled at this event.