The portrait will be auctioned with an asking price of $74,000

Stella McCartney, Ralph & Russo among others speculated to be the potential contenders

president of the Academy of Motion Pictures, the body that hands out the Oscars, is being investigated

Markle joined her husband-to-be and Britain’s other senior royals at Westminster Abbey for the Commonwealth service

Artwork depicts life-sized version of producer wearing a bathrobe, on a golden coloured couch, holding an Oscar

Since 1929, the glamorous event has captured the imaginations of film fans around the world

Seacrest is also the producer of 'Keeping Up with the Kardashians'

Lisa Marie Presley is better known for her two-year marriage to Michael Jackson and 108-day marriage to Nicholas Cage

Men and women flocked to the festival to watch bands from Riyadh, Beirut and New Orleans

20-year-old apologised to fans for keeping her pregnancy a secret