Tom Ford has dressed everyone from Jennifer Lawrence to Beyonce, but he's most proud of the minimalist white gown and matching floor-length cape he gave Gwyneth Paltrow for her appearance at the 2012 Oscars. "I have to say that was my favorite fashion moment," the designer told audiences at the 92nd Street Y's "Fashion Icons" lecture series in New York City. "I loved the simplicity of it and I loved it for that moment in time." A cape takes confidence to pull off, and Ford acknowledged that. "I love that Gwyneth was brave enough to do that," he said. "And that she stood so perfectly in that outfit." We agree—she topped our 2012 Oscars best-dressed list!