![](https://style.time.com/wp-content/uploads/sites/13/2012/10/gwynethpaltrow.jpg?w=260)
In 1999, Shakespeare in Love star Gwyneth Paltrow was pretty in a pink ballgown as she accepted her Oscar for Best Actress. Her princess look was topped off with a 40-carat diamond necklace, as well as bracelet and earrings, that sparkled from the stage.