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Over the past decade, wealthy celebrities like Kim Kardashian and businessmen like Jeff Bezos have attended parties and red carpets at the French festival.
And while some of their outfits have stunned and made for memorable fashion moments, others have missed the mark entirely.
Here's a look at the best and worst looks billionaires have worn at the Cannes Film Festival over the years.
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Sudha Reddy looked like royalty when she attended the 2023 Cannes Film Festival.
Sudha Reddy at Hôtel Martinez during the 2023 Cannes Film Festival.Arnold Jerocki/Getty Images
Kim Kardashian's sparkling gown in 2016 had potential but needed some tweaks.
Kim Kardashian at the De Grisogono party during the 2016 Cannes Film Festival.Daniele Venturelli/Getty Images
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Rihanna was the embodiment of elegance at the 2017 screening of "Okja."
Rihanna at an "Okja" screening during the 2017 Cannes Film Festival.Andreas Rentz/Getty Images
But the blue ensemble she wore to that year's Chopard party didn't work as well.
Rihanna at a Chopard party during the 2017 Cannes Film Festival.Gisela Schober/Getty Images
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Gustav Magnar Witzøe put a fun twist on menswear in 2023.
Gustav Magnar Witzøe at the "The Old Oak" screening during the 2023 Cannes Film Festival.Gisela Schober/Getty Images
Ivy Getty's 2023 amFAR Gala gown was almost perfect.
Ivy Getty attends the amfAR Gala at the 2023 Cannes Film Festival.Lionel Hahn/Getty Images
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George Lucas kept his 2010 outfit simple, and it worked for him.
Mellody Hobson and George Lucas at the "Wall Street: Money Never Sleeps" premiere during the 2010 Cannes Film Festival.Stephane Cardinale - Corbis/Getty Images
Steven Spielberg's outfit in 2016 was too casual.
Steven Spielberg at a "The BFG" event during the 2016 Cannes Film Festival.Tony Anne Barson/Getty Images
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Jay-Z showed the power of a black-and-white outfit in 2007.
Jay-Z at a Dolce & Gabbana party during the 2007 Cannes Film Festival.Daniele Venturelli/Getty Images
Jeff Bezos should have had more fun with fashion at Cannes last year.
Radhika Jones, Lauren Sánchez, and Jeff Bezos at a Vanity Fair party during the 2023 Cannes Film Festival.David M. Benett/Getty Images