Angelina Jolie, Penelope Cruz and Jessica Chastain at the Oscars 2012. Photos: Getty Images
As for the makeup, there were two key lip colours: classic red a la Angelina (she looked even more drop-dead-gorgeous than usual with this pillar-box shade) or nearly nude, as seen on the oh-so-stunning Penelope Cruz, who embraced classic Hollywood glamour.
So who else got it right on the beauty front last night? Take a look below to see our top looks from all the red carpets and let us know which celeb got it right in a comment.
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- Gwyneth Paltrow<p> Has Gwyneth been paying attention to the Autumn/Winter catwalks? The low, loose ponytail was everywhere at the London shows, but Gwyneth transformed the casual, on-trend look into a sleek, stylish red carpet style with her super straight version.</p>

- Cameron Diaz<p> Cameron stuck with her choppy crop for her Oscars moment. Kohl eyeliner highlighted her blue eyes and a rose pink gloss completed her look.</p>

- Dianna Agron<p> The <em>Glee</em> star rocked the centre-parting at Elton John's Oscars party. Her slicked back hair and shimmering complexion looked glam with her statement earrings and printed Carolina Herrera dress.</p>

- January Jones<p> If anyone can pull off a vintage-inspired look, it's got to be <em>Mad Men</em>'s January Jones. Her crimped crop and statement red lips looked gorgeous at the Vanity Fair party.</p>

- Jessica Chastain<p> This was one of our favourite Oscars hairstyles this year. Jessica's swept back, tousled waves looked effortlessly elegant on the red carpet.</p>

- Lily Collins<p> We loved Lily's Monique Lhuiller gown at the Vanity Fair party, and her loosely swept back updo was the perfect hairstyle choice for this statement-making gown.</p>

- Michelle Williams<p> There's nothing we don't love about Michelle's Oscars look. She'll always be the queen of chic with her pixie crop.</p>

- Olivia Wilde<p> The classic bun was few and far between this year, but Olivia Wilde showed off the simple but sophisticated look at the Vanity Fair party. A nude, glossy lip colour finished her look perfectly.</p>

- Penelope Cruz<p> Penelope looked stunning with her vintage-inspired updo and statement jewels. She stuck to neutral tones on the lips and cheeks to show off her beautiful Armani Prive gown.</p>

- Octavia Spencer<p> The Best Supporting Actress winner wowed with her elegant updo, smoky eyes and shimmering complexion.</p>

- Rose Byrne<p> Rose led the updo backlash with her sleek crop and blunt fringe. Natural makeup kept all eyes on her Vivienne Westwood sequin frock.</p>

- Angelina Jolie<p> Angelina's hair looked a little lighter than usual, which set her fiery red lipstick alive. This could just be the actresses best look ever.</p>

