Despite steep competition from A-list bashes thrown by Beyoncé and Madonna, Vanity Fair boasts the top stop of the night as it's the only place one will find the most boldfaced names under one roof.

Hollywood’s biggest night corresponds to the Academy Awards, of course, but the evening continues into the wee hours at flashy parties that dot the city of Los Angeles, with the Vanity Fair Oscar party chief among them.

It’s a truth universally acknowledged at the Vanity Fair Oscars party that if you see flash bulbs out of the corner of your eye, and then everyone rushes toward the front of the room, someone with an Oscar just walked in.