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Anne Hathaway reportedly paid $750K to wear jewelry at Oscars

Anne Hathaway at the 83rd Annual Academy Awards on Feb. 27, 2011, in Los Angeles. (John Shearer/Getty Images) John Shearer

(CBS) Actress Anne Hathaway was reportedly paid a pretty penny just to wear a few flashy gems during Sunday's Oscar ceremony.

An insider tells Us magazine that the 28-year-old show host was paid $750,000 to exclusively wear Tiffany and Co. jewels throughout the evening.

Pictures: Best Oscar Jewels

For her red carpet appearance, Hathaway paired her strapless red Valentino bustle gown with a $10 million Tiffany Lucida Star diamond necklace, diamond earrings and ring.

Show performer Gwyneth Paltrow was reportedly also generously compensated to wear Louis Vuitton jewelry. Paltrow, who sang "Coming Home" during the ceremony, accented her shimmery Calvin Klein Collection gown with a pair of multi-toned earrings, ring and brooch from the fashion house's "L'Ame du Voyage" collection.

Others stars to make a statement with their baubles include presenter Cate Blanchett, who wore a Van Cleef & Arpels vintage bracelet, which boasted 127 yellow and white diamonds, and best supporting actress nominee Amy Adams, who reportedly wore $1,350,000 worth of Cartier jewels with her sparkly, midnight blue L'Wren Scott gown.

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