The 128.54-carat stone was last worn by Audrey Hepburn in her film, 'Breakfast at Tiffany's.'

It is rare that a piece of jewelry steals the show from a jaw-dropping dress, but that&#39;s exactly what happened at the 2019 Oscars in Los Angeles to Lady Gaga. The icy-blonde&nbsp;walked the red carpet in a black Alexander McQueen gown paired with black gloves. While the dress was gorgeous, the piece that drew everyone&#39;s attention was the enormous yellow Tiffany &amp; Co. diamond necklace. The 128.54 carat&nbsp;costs $30 million and was once worn by Audrey Hepburn in Breakfast at Tiffany&#39;s. However, the necklace wasn&#39;t the only shiny object Queen Gaga sported last night&mdash;she also&nbsp;won her first Oscars award for Best Original Song.

Considered one of the most important 19th-century gemstone discoveries, the Tiffany Diamond was unearthed in South Africa in 1877 and purchased a year later by jeweler founder Charles Lewis Tiffany. Since then, the piece, which usually rests in a well-kept treasure chest, has been worn exactly three times: first by Mrs. Sheldon Whitehouse at the Tiffany Ball in Rhode Island in 1957, second by Audrey Hepburn at a photo shoot for Breakfast at Tiffany&#39;s, and now by singer Lady Gaga, who was nominated for Best Actress and Best Original Song for A Star Is Born at the 91st Academy Awards (and won the latter category).

&quot;Lady Gaga is the ultimate creator, champion and rule-breaker, and I&#39;m thrilled that she will wear the Tiffany Diamond on the red carpet for the first time 141 years after his discovery,&quot; said Reed Krakoff, creative director of Tiffany &amp; Co. Stylists Sandra Amador and tom Eerebout continue, &quot;The chance to work with such an incredible piece is a creative dream, there are so many beautiful jewels in the world, but this brilliant diamond, weighing over 128 carats, is truly unique, exactly like Lady Gaga. &quot;

The 32-year-old completed the look with the Fancy Vivid Yellow earrings with white and yellow diamonds.

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Lady Gaga Lights up the Oscars Wearing the $30M Tiffany Diamond

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