Demi Moore did not need to take The Substance to sweep this award season.
In fact, the actress turned heads on the red carpet at the 2025 Oscars, where she is nominated for Best Actress in a Leading Role, while wearing a custom silver Armani Privé dress with a plunging neckline. (See all the stars at the ceremony here.)
Heading into the awards ceremony at the Dolby Theatre, hosted by Conan O’Brien, Demi is up against fellow Best Actress in a Leading Role award nominees including Fernanda Torres (I’m Still Here), Karla Sofia Gascón (Emilia Pérez), Cynthia Erivo (Wicked) and Mikey Madison (Anora).
Indeed, the Ghost actress has taken the award season by storm with her role as an aging Hollywood starlet willing to do anything to retain her youth—and career in the spotlight—in The Substance, earning both a Golden Globe and SAG Award so far.
And as she’s achieved the biggest accolades of her lengthy career in recent months, Demi has also looked back on where it all began and what this journey has meant for her. “It was in 1978,” she noted of getting her SAG card at the SAG Awards Feb. 23. “I was 15, almost 16, and it changed my life because it gave me meaning.”
“It gave me purpose and it gave me direction,” Demi—who shares daughters Rumer Willis, 36, Scout Willis, 33, and Tallulah Willis, 30, with ex Bruce Willis— continued, “because I was a kid, on my own, who had no blueprint for life—and I certainly knew nothing about acting.”
The G.I. Jane actress went on to share how important it is to believe in yourself.
“There’s this idea that what we believe is so much more powerful than what we think,” she shared. “But the reality is when I believe it, I will see it—and I am so grateful for this.”
To see all of the stars at the Oscars, keep reading.
Ariana Grande
In Schiaparelli.
Zoe Saldaña
In custom Saint Laurent and Cartier jewelry.
Selena Gomez
In custom Ralph Lauren and Stuart Weitzman heels.
Cynthia Erivo
In custom Louis Vuitton and FoundRae jewelry.
Lily-Rose Depp
In Chanel.
Scarlett Johansson
In Thierry Mugler and De Beers jewelry.
Gal Gadot
In Prada and Tiffany & Co. jewelry.
Mikey Madison
In Christian Dior and Tiffany & Co. jewelry.
Andrew Garfield
In Gucci, David Yurman jewelry, and Jaeger-Le Coultre watch.
Halle Berry
In Christian Siriano and Pomellato Jewelry.
Rita Wilson
In Valentino.
Monica Barbaro
In custom Dior.
Penelope Cruz
In Chanel.
Samuel L. Jackson
In Giorgio Armani.
Da'Vine Joy Randolph
In custom Tamara Ralph Haute Couture and LAGOS jewelry.
Gayle King
Colman Domingo
In custom Valentino and Persol Ida sunglasses.
Sterling K. Brown
In Giorgio Armani, David Yurman jewelry, IWC Watches watch and Santoni shoes.
Ben Stiller
In Dolce and Gabbana.
Jeremy Strong
In custom Loro Piana.
Michelle Yeoh
In Balenciaga.
Kieran Culkin
In Zegna, Fred Leighton and Kwiat jewelry, and Omega watch.
Amy Poehler
In custom Rachel Gilbert and Marco Bicego jewelry.
Meg Ryan
In Ashi Studio and Tiffany and Co. jewelry.
Isabella Rossellini
In Dolce & Gabbana.
Emma Stone
In custom Louis Vuitton.
Miley Cyrus
In Alexander McQueen.
Doja Cat
In custom Balmain, Messika High Jewelry, and Amina Muaddi shoes.
Adrien Brody
In Giorgio Armani.
Margaret Qualley
In Chanel.