Gwyneth Paltrow's fashion sense has come a long way since she accepted her Best Actress award in bubblegum pink. Paltrow went for elegant and classy in a white gown and cape designed by one of fashion's most iconic names.

"This is my Jackie-O moment," Paltrow, 39, told UsWeekly on the red carept. "This dress is courtesy of Tom Ford."

Paltrow later hit the stage at the 84th Annual Academy Awards with her Iron Man partner Robert Downey, Jr. The pair presented the award for Best Documentary Feature, which ended up going to Undefeated.

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