Sharon Stone was reportedly replaced by Kim Kardashain West as the guest of honour at De Grisogono's annual Cannes party.

Sharon Stone

Sharon Stone

The 58-year-old actress is usually a fixture at the star-studded party, thrown by the Geneva-based brand but her demands were allegedly too outrageous this year and she was dropped.

A source told the New York Post's Page Six: "She wanted $300,000 plus eight rooms at the [hotel] for a week and a private jet. They pulled out."

Instead, reality TV star Kim, 35, attended the bash at Hôtel du Cap-Eden-Roc with the brand's founder and creative director Fawaz Gruosi, and wore a pair of stunning diamond earrings but it was reported she "did not get to keep the earrings - she only got to wear them!"

Fawaz said he asked Kim to the party because he wanted to shake things up.

He told WWD: "I wanted to have something different. I always have this spirit to - I don't want to say the word shock, it's too much probably - to surprise people."

Kim said: "I'm excited just to be here in Cannes. It's the most glamorous place in the world and I have the most glamorous jewellery on and a beautiful dress, so I'm living life - I'm happy."

Other guests at the star-studded bash included Kim's mother Kris Jenner, Milla Jovovich, Paris Hilton, Mischa Barton, Ivana Trump, Chanel Iman, Toni Garrn, Barbara Palvin, Alek Wek and Ana Beatriz Barros.

Leonardo DiCaprio was also in attendance and reportedly had to climb over the wall near the pool to get out because it was so packed.

A source told Page Six: "It was just wall-to-wall [people]. A friend had to lift [Leo] up to help him up this little rock face so that they could escape. It would have taken him an hour to get to the door."