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An Oral History of the Vanity Fair Oscar Party

Sunday, March 8, 2026

As told by Gwyneth Paltrow, Lindsay Lohan, Graydon Carter, and more.

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Thirty-two years ago—almost to the day—Vanity Fair's former editor in chief Graydon Carter put on a tuxedo, popped half of a beta blocker, and took a shot of vodka. Then, he went down to Mortons restaurant in West Hollywood to greet guests arriving at the magazine's first annual Oscar party. "I was worried we'd fail," he said.

Carter is just one of the many people I interviewed for the oral history on how, exactly, VF's once humble(ish) dinner transformed into a marquee event, other than the Academy Awards themselves, on Oscars Sunday. You'll recognize many of the names—Gwyneth Paltrow, Lindsay Lohan, Bryan Lourd, Shonda Rhimes, Tom Ford, and Anjelica Huston all chimed in. Although perhaps no one did so as colorfully as Fran Lebowitz: "This dinner started at five in the afternoon. I said, 'Do you realize that we're each putting on $1 million worth of clothes to sit and watch television while we eat dinner?'" she told me frankly over the phone.

With all due respect to Lebowitz, the outfits are part of the fun. In anticipation of next weekend's legendary spectacle, we published fashionable odes to Kendall Jenner's and Julia Fox's Oscar Party looks, as well as took a look back at the best outfits of 2025's bash. In the words of Moira Rose, played by the late, great Catherine O'Hara: What's your favorite season? Awards!

ELISE TAYLOR,
SENIOR WRITER


Why this ad?

 

An Oral History of the Vanity Fair Oscar Party

BY ELISE TAYLOR

From its beginnings at power restaurant Mortons all the way through its latest iteration at LACMA, here's how the Vanity Fair Oscar Party changed Hollywood, and how Hollywood changed the Vanity Fair Oscar Party.

READ MORE
 

Fashion Flashback

 
 

FASHION

All the Glam From the 2025 Vanity Fair Oscar Party Red Carpet

BY MAGGIE COUGHLAN, KIA D. GOOSBY, AND MILES POPE

From winners Mikey Madison to Adrien Brody to Zoe Saldaña, last year's star-packed carpet was another one for the books.

READ MORE
 

FASHION

Every Outfit Julia Fox Wore to the VF Oscar Party

BY KASE WICKMAN

The Uncut Gems star has never made an uninteresting choice for the bash.

READ MORE
 

FASHION

Every Look Kendall Jenner Sported for the VF Oscar Party

BY KASE WICKMAN

Leave it to the model to spin a classic look when it comes to dressing for the annual soiree.

READ MORE
 
 

From the Archive

 
 

Tom Ford's New Hollywood

BY TOM FORD

From the March 2006 issue, Tom Ford presents the stars who have been catapulted to a new level in the sky and into our collective heaven.

READ MORE
 


Why this ad?

Vanity Vote

 
 
  • Cast Your Votes for the 2026 Academy Awards Claim your winner picks now before next week's ceremony.
  • Who Will Win Best Dressed for the 2026 Awards Season? The final showdown will happen at Vanity Fair's very own Oscar party red carpet. Who will come out on top?
 

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posted by Francis Dwight at 5:09 AM

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