On the red carpet: Maria Menounos' $2.5 million dress

Maria Menounos, "Entertainment Tonight" host for the Oscar Arrivals telecast, wears a diamond-studded dress from Randi Rahm on the red carpet at the 76th annual Academy Awards in Hollywood, California February 29, 2004.

The one-of-a-kind dress is emblazoned with 3,000 hand-sewn round, princess and marquis-cut colored stones totaling two thousand carats, weighs 2.5 lbs and is worth $2.5 million.