Olivia Culpo and Madison Beer showcase their cleavage in low-cut looks at Vanities Party

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Olivia Culpo, Madison Beer and Alexandra Daddario were just some of the starlets in attendance at Vanity Fair's Vanities Party: A Night For Young Hollywood on Tuesday.The magazine's annual pre-Oscars soiree was co-hosted byAlana Haim, Ariana DeBose and Giveon and held at the iconicMusso & Frank Grill in Hollywood, California.Olivia, 29, and Madison, 23, showcased their cleavage while Alexandra, 36, highlighted her svelte frame on the red carpet.

Striking: Olivia Culpo, Madison Beer and Alexandra Daddario were just some of the starlets in attendance at Vanity Fair's Vanities Party: A Night For Young Hollywood on TuesdayOlivia strolled the red carpet in an elegant black gown with frilly sleeves and a plunging neckline.The actress's toned legs could be seen through the dress' semi-sheer skirt and she wore a pair of strappy heels.

Her brunette hair was parted down the middle and slicked back into a chic bun secured in place with a black ribbon.Madison put on a busty display in a black button-up vest styled with a pair of matching tapered trousers.

Elegance:Olivia strolled the red carpet in an elegant black gown with frilly sleeves and a plunging neckline Busty:Madison put on a busty display in a black button-up vest styled with a pair of matching tapered trousers Highlighting the hourglass:Alexandra slipped into a fitted black one-shoulder jumpsuit that flattered her hourglass figureThe singer layered up with a black blazer and let her brunette hair cascade down her chest in sleek strands.Alexandra slipped into a fitted black one-shoulder jumpsuit that flattered her hourglass figure.The actress twirled for shutterbugs as to show off her jumpsuit's backless design.Her hair was slicked back and she rocked a ruby red lip for.