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Last night the Academy honored the best of the best in Hollywood. But the real fun got started after the award show. The 2011 Vanity Fair Oscar Party, hosted by Graydon Carter at the Sunset Tower Hotel was where all the festivities took place. 

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Everyone in Hollywood, including their mother, hi Madonna and Lordes, got together for the biggest party of the year. Check out what happened inside the 2011 Vanity Fair party. 

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Hailee Steinfeld, Justin Bieber and Selena Gomez at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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50 Cent and Rosario Dawson at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Emma Stone, Taylor Swift and Gwyneth Paltrow at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Benjamin Millepied and Natalie Portman at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Selena Gomez and Taylor Swift at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Lyor Cohen, Russell Simmons and Rick Rubin at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Jamie Foxx, Jessica Biel and Justin Timberlake at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Emma Roberts at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Eva Mendes at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Amanda Seyfried at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Justin Bieber and Selena Gomez at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Justin Bieber and Selena Gomez at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Selena Gomez and Justin Bieber at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Matthew McConaughey, Anthony Mackie and Camila Alves at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Joy Bryant and Kerry Washington at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Gwyneth Paltrow and Cameron Diaz at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Hailee Steinfeld at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Busy Philipps and Michelle Williams at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Jennifer Hudson at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Justin Timberlake and Jessica Biel at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Lea Michele and Dianna Agron at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Madonna and Lourdes at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Mia Wasikowska at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Reese Witherspoon and Jim Toth at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Russell Simmons and Jennifer Hudson at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Reese Witherspoon and Michelle Williams at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Zoe Saldana at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Sofia Vergara at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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Serena Williams and Brett Ratner at the 2011 Vanity Fair Oscar Party Hosted by Graydon Carter at the Sunset Tower Hotel on February 27, 2011 in West Hollywood, California.

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