Olivia Wilde wore a risky, sheer, ivory dress by Chloe at the 2025 Vanity Fair Oscars party.
The 40-year-old actress — who also attended Vanity Fair’s Oscars pre-party — bared her gym-honed physique underneath the 70s-inspired look.
The delicate, see-through frock teased Olivia’s cleavage with its plunging neckline.
She added a pair of coordinating, cheeky underwear, flashing her perky bum in the ethereal ensemble.
Wilde carried a small, round purse made of gold hardware to complement the flowy dress.

Olivia Wilde wore a risky, sheer, ivory dress by Chloe at the 2025 Vanity Fair Oscars party
She was styled by celebrity go-to fashion maven Karla Welch, with makeup applied by Georgie Eisdell.
The Don’t Worry Darling director documented her getting ready process through photos shared with her 4.1 million followers.
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Barb Thompson handled Olivia’s long, flowy, golden blonde-highlighted locks, which fell down her back in tousled, loose waves.
In one post she joked, ‘Cool that the Oscars are the last day of a multi night bender to really test everyone’s resilience.’
She also snapped a selfie while getting her makeup done, writing across the image: ‘Fix(her) upper process.’
Some Oscars parties were scrapped due to the Los Angeles wildfires that swept through the city in January.
However, the Saint Laurent x Vanity Fair pre-Oscars dinner went on as scheduled.
Wilde attended in style, sporting a wide-legged YSL pantsuit with a button-up shirt and tie.

The 40-year-old actress bared her gym-honed physique underneath the 70s-inspired look

The delicate, see-through frock teased Olivia’s cleavage with its plunging neckline
Robert Downey Jr., 59, wore a gray and black suit while wife Susan Downy, 51, looked ravishing in a cranberry-colored sequin number.
The Iron Man actor looked suave in a deep gray, double-breasted jacket with a sheen finish.
He added a pair of flared and pleated black trousers before rounding out the look with shiny black boots.
Susan showed off her slim figure in her one-strap dress, which boasted a diagonal slit at the chest.
Justin Theroux, 53, and Nicole Brydon Bloom, 30, cozied up to each other as they arrived at the bash.
Meanwhile, Shrinking star Jessica Williams, 35, highlighted her busty chest in a low-cut ivory gown.

Robert Downey Jr. wore a gray and black suit while wife Susan Downy looked ravishing in a cranberry-colored sequin number

Justin Theroux and Nicole Brydon Bloom cozied up as they arrived at the bash

Shrinking star Jessica Williams highlighted her busty chest in a low-cut ivory gown
The 97th Academy Awards are honoring the best films of 2024, with the starry ceremony being held at the Dolby Theatre in Hollywood.
Conan O’Brien, 61, is making his debut as Oscars host, after joking: ‘I only agreed to host so that I could get invited.’
Ariana Grande opened the show with a flawless rendition of Somewhere Over the Rainbow from the Wizard of Oz.
The stars then delivered a duet as they powerfully sang Defying Gravity.
It was swiftly followed by an appearance from her Wicked co-star Cynthia Erivo, who performed the song Home from 1974’s The Wiz starring Diana Ross.