Gigi Hadid Is Red Hot In An Off The Shoulder Bodycon Dress At The Vanity Fair Oscar Party

Gigi Hadid had all eyes on her when she stepped out on the red carpet at the Vanity Fair Oscar Party held at the Wallis Annenberg Center in Beverly Hills on Sunday.

The 27-year-old runway phenom sizzled in a red-hot, skintight, off-the-shoulder pleated dress that showcased her spectacular supermodel figure.

The outing comes after she recently reignited rumors of an affair with Leonardo DiCaprio, when she was spotted. leaving a pre-Oscars party in Los Angeles on Friday night, where the Wolf of Wall Street actor, 48, was also in attendance.

The blonde beauty paired the striking ensemble with matching red pointed heels, and accessorized with a silver necklace and rings.

Gigi wore her long platinum blonde locks parted to the side and cascading into voluminous curls.

Celebrating the biggest night in Hollywood and considered one of the most exclusive Oscar after-parties, the Vanity Fair Oscar Party is hosted by Vanity Fair Editor-in-Chief Radhika Jones.

The Vogue cover girl opted for soft glam for evening, with a hint of blush and nude lipstick in her pout.

Gigi opted for a French tip acrylic manicure to match her amazing outfit.

Other celebrities at the evening included Jennifer Coolidge, Olivia Wilde, Naomi Watts, Sarah Paulson, Jon Hamm and his fiancée Anna Osceola, Kyra Sedgwick, and Kevin Bacon, among others.

Gigi seemed to be in a good mood after recently attending the same party as Leo, where the two stars “were together for most of the night” while also trying to “stay low key” according to People.

“Leo and Gigi were hiding in a tented area trying to stay low-key,” the source claimed. “There was no PDA, but they were together for most of the night and barely moved from their spot,” a source told the publication.

A separate source also shared that “the two were in a group of more than a dozen people in the VIP section who were hanging out.”

The supermodel was spotted last month meeting the Academy Award winner in Milan after their romance ‘fizzled out’.

The two met shortly after a source told People that the Guest In Residence founder “hasn’t seen him in a while.” She just decided that she was done with him.

‘They are in very different places in life. She prioritizes being a mom,” the source continued at the time, adding, “It was never that serious anyway. It just failed.

That same month, another source opened up to us weekly and stated, ‘Gigi and Leo aren’t dating anymore. Things calmed down organically between them.

The source further explained the reason for not seeing each other, explaining, “Leo and Gigi were at different points in their lives, and it just didn’t work out between the two of them.”

A second source also told the entertainment outlet that the two stars were never “serious” and had different priorities. “They both have incredibly busy careers and lives, and while they tried to make time for each other, it really wasn’t enough to make things work.”

The source expressed that Gigi thought the Titanic alumnus was an “awesome guy,” but his timing “just couldn’t line up.”

The model and actor were first romantically linked last year in September 2022 after they were spotted spending quality time together during New York Fashion Week.

The beauty has been focused not only on her career in the fashion industry, but also on raising her two-year-old daughter, Khai, who she shares with her ex, Zayn Malik, 30.

The model had dated the former One Direction member on and off since 2015, until their official separation in October 2021 after an alleged altercation that took place between the singer and Gigi’s mother, Yolanda Hadid.