"From Lady Gaga's $32m Gown to Dress Shortage: Red Carpet's Most Expensive and Scarce Looks"

As the 81st Golden Globes approaches, a compilation of the top 20 most expensive red carpet looks of all time has been revealed. From Lupita Nyong'o's $150,000 custom-made Calvin Klein gown to Carrie Underwood's $31 million ensemble, celebrities have made jaw-dropping fashion statements at various award shows. Notable appearances include Elizabeth Taylor's $167,500 blue chiffon dress and Gloria Stuart's $20 million replica of the Heart of the Ocean necklace from Titanic. These extravagant looks showcase the opulence and glamour associated with red carpet events.