Lady Gaga just paid tribute to Audrey Hepburn on the Oscars red carpet

With the Oscars red carpet well under way, Lady Gaga has finally made an appearance, surprising everyone with a custom Alexander McQueen dress.

The singer chose a black bustier gown in black silk faille with engineered corset and full godet pleat skirt, but being Gaga, it did come with a bit of a twist thanks to exaggerated hips, and black leather elbow gloves.

And whilst she paid tribute to Judy Garland with her Golden Globes dress, this time round it looks like she decided to honour another iconic actress: Audrey Hepburn.

The A Star Is Born star draped her neck in a massive (we're talking 128 carats) yellow diamond which was last worn by Audrey in the pictures promoting the 1961 film Breakfast at Tiffany's.

It is one of the largest diamonds in the world and is of course by Tiffany's. Whilst on Audrey it was set on a garland of diamonds, Lady Gaga has opted for a slightly simpler setting.

The diamond was first discovered in 1877 in South Africa, and it took a year to reset it in the necklace, which includes over 100 carats of diamonds throughout.

Both icons of their own time.