The late Elizabeth Taylor is arguably known for two things: Her love for jewelry and her many husbands.

These two obsessions collided when Taylor met her future husband Richard Burton (Taylor was married eight times) on the set of the grandiose "Cleopatra" in 1963, where the two temperamental actors cheated on their respective spouses and sparked a love affair that would see two marriages (including one in Montreal) and fascinate the world.

It was on the set of "Cleopatra" that Burton gave Elizabeth a Bulgari emerald ring and a matching necklace and brooch set for their engagement only a few months later. (Actress Julianne Moore wore that same necklace at a pre-Oscars party this year.)

To commemorate the 50th anniversary of "Cleopatra," the 2013 Cannes Film Festival screened a special edition of the film on Tuesday and lucky "Zero Dark Thirty" actress Jessica Chastain got the chance to wear the screen legend's sapphire and diamond necklace at the red carpet event.

Liz, who died at the age of 79 in March, 2011, amassed a huge (to put it mildly) collection of jewels which included the Krupp Diamond, a 33.19-carat emerald-cut Harry Winston diamond ring; La Peregrina, one of the largest pear-shaped pearls in the world; a diamond tiara which she wore to the 1957 Cannes Film Festival and the Taylor-Burton Diamond, a 64.9-carat pear-shaped diamond and purchased by Richard Burton for $1.1 million. (Liz later sold the Taylor-Burton Diamond for $5 million after the couple divorced.)

In honour of Elizabeth Taylor's "Cleopatra" and, of course, her love for all things sparkly, we take a look at the many jewels she collected throughout her lifetime:

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  • Elizabeth Taylor's Jewelry

    Elizabeth Taylor (wearing the Taylor-Burton Diamond) and Richard Burton attend the Academy Awards ceremonies, Los Angeles, California, April 7, 1970.

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    Elizabeth Taylor wearing pink lipstick and a pearl necklace, circa 1965.

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    Dame Elizabeth Taylor arrives to promote her House Of Taylor Jewelry Inc at Geary's on November 10, 2007 in Beverly Hills, California.

  • Elizabeth Taylor's Jewelry

    Dame Elizabeth Taylor arrives for her 75th birthday party at the Ritz-Carlton, Lake Las Vegas on February 27, 2007 in Henderson, Nevada.

  • Elizabeth Taylor's Jewelry

    Actress Elizabeth Taylor leaves the CNN building after appearing on 'Larry King Live' on May 30, 2006 in Los Angeles, California.

  • Elizabeth Taylor's Jewelry

    Actress Elizabeth Taylor arrives at the 14th Annual Britannia Awards at the Beverly Hilton Hotel on November 10, 2005 in Beverly Hills, California. Taylor received the Britannia Award for Artistic Excellence in International Entertainment.

  • Elizabeth Taylor's Jewelry

    Actress Elizabeth Taylor arrives at the 13th Annual Elton John Aids Foundation Academy Awards Viewing Party at the Pacific Design Center on February 27, 2005 in Los Angeles, California.

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    US actress Elizabeth Taylor smiles as she arrives at the amFar (American Fondation for Aids Research) benefit party in Mougins, near Cannes 22 May 2003.

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    US actress Elizabeth Taylor holds up a diamond mask for photographers at a fine jewelry auction on April 13, 1992 to benefit the American Foundation for AIDS research (AmFar). The mask is valued at over one million USD.

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    US actress and AIDS spokesperson Elizabeth Taylor, accompagnied by her husband Larry Fortensky, arrives on July 23, 1992 to meet press during the World Aids Conference held in Amsterdam.

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    American actress Elizabeth Taylor poses during the 40th Cannes Film Festival on May 13, 1987.

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    Dame Elizabeth Taylor attends the Macy's Passport 2008 Gala held at Barker Hangar on September 26, 2008 in Santa Monica, California.

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    Elizabeth Taylor arrives on the red carpet for her performance of A.R. Gurney?s play ?Love Letters' starring Taylor and James Earl Jones, 01 December 2007 at Paramount Studios in Los Angeles, California. The legendary actress is taking to the stage for the first time in 25 years in this one-night only performance to benefit the Elizabeth Taylor HIV/AIDS Foundation on the occasion of World AIDS Day.

  • Elizabeth Taylor's Jewelry

    Passport?s Founding Chair Dame Elizabeth Taylor arrives at the 25th Anniversary celebration gala for Macy's Passport held at Santa Monica Airport?s Barker Hangar on September 27, 2007 in Los Angeles, California.

  • Elizabeth Taylor's Jewelry

    Actress Elizabeth Taylor arrives at the 13th Annual Elton John Aids Foundation Academy Awards Viewing Party at the Pacific Design Center on February 27, 2005 in Los Angeles, California.

  • Elizabeth Taylor's Jewelry

    Elizabeth Taylor poses for the cameras as she arrives for the AmfAR Charity Event at the Le Moulin de Mougins during the 56th International Cannes Film Festival on May 22, 2003 in Cannes, France.

  • Elizabeth Taylor's Jewelry

    Actress Elizabeth Taylor attends the screening of 'Giant' as part of the Cinema Against AIDS Benefit during 56th International Cannes Film Festival 2003 on May 21, 2003 in Cannes, France.

  • Elizabeth Taylor's Jewelry

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    Dame Elizabeth Taylor speaks at the Macy's And American Express Passport ''01 HIV/AIDS fundraiser and fashion show September 22, 2001 in Santa Monica, CA.

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    Dame Elizabeth Taylor addresses the crowd during the Macy's American Express Passport 2000 benefit fashion show, 23 September 2000, in Santa Monica, CA. Taylor co-hosted the AIDS fundraising event with Magic Johnson and Cindy Crawford.

  • Elizabeth Taylor's Jewelry

    A general view at the BVLGARI celebration of Elizabeth Taylor's collection of BVLGARI jewelry at BVLGARI Beverly Hills on February 19, 2013 in Los Angeles, California.

  • Elizabeth Taylor's Jewelry

    A general view at the BVLGARI celebration of Elizabeth Taylor's collection of BVLGARI jewelry at BVLGARI Beverly Hills on February 19, 2013 in Los Angeles, California. (Photo by Michael Buckner/Getty Images for Bulgari)

  • Elizabeth Taylor's Jewelry

    Visitors look at a 1962 necklace in platinum with emeralds and diamonds, one of eight pices form the Elizabeth Taylor collection, during the exhibition, 'BVLGARI, Italian Magnificence' to celebate the 5th anniversary of the Bulgari Ginza Tower building in Tokyo on November 9, 2012. About 90 jewelies including eight pieces form the Elizabeth Taylor collection will display from November 10 until December 30. TOSHIFUMI KITAMURA/AFP/Getty Images)

  • Elizabeth Taylor's Jewelry

    A bracelet that belonged to British actress Elizabeth Taylor is shown on March 15, 2012 during a press preview of the Tefaf art fair in Maastricht. The fair opens to the public on March 16 and lasts until March 25. MARCEL VAN HOORN/AFP/Getty Images

  • Elizabeth Taylor's Jewelry

    Jewelry owned by Elizabeth Taylor on display at 'The Collection Of Elizabeth Taylor' auction press preview at Christie's on December 1, 2011 in New York City. (Photo by Slaven Vlasic/Getty Images)

  • Elizabeth Taylor's Jewelry

    Jewelry owned by Elizabeth Taylor on display at 'The Collection Of Elizabeth Taylor' auction press preview at Christie's on December 1, 2011 in New York City. (Photo by Slaven Vlasic/Getty Images)

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    Jewelry owned by Elizabeth Taylor on display at 'The Collection Of Elizabeth Taylor' auction press preview at Christie's on December 1, 2011 in New York City. (Photo by Slaven Vlasic/Getty Images)

  • Elizabeth Taylor's Jewelry

    Jewelry owned by Elizabeth Taylor on display at 'The Collection Of Elizabeth Taylor' auction press preview at Christie's on December 1, 2011 in New York City. (Photo by Slaven Vlasic/Getty Images)

  • Elizabeth Taylor's Jewelry

    Jewelry owned by Elizabeth Taylor on display at 'The Collection Of Elizabeth Taylor' auction press preview at Christie's on December 1, 2011 in New York City. (Photo by Slaven Vlasic/Getty Images)

  • Elizabeth Taylor's Jewelry

    Jewelry owned by Elizabeth Taylor on display at 'The Collection Of Elizabeth Taylor' auction press preview at Christie's on December 1, 2011 in New York City. (Photo by Slaven Vlasic/Getty Images)

  • Elizabeth Taylor's Jewelry

    Jewelry owned by Elizabeth Taylor on display at 'The Collection Of Elizabeth Taylor' auction press preview at Christie's on December 1, 2011 in New York City. (Photo by Slaven Vlasic/Getty Images)

  • Elizabeth Taylor's Jewelry

    'La Peregrina', a Cartier pearl, diamond and ruby necklace owned by US actress Elizabeth Taylor on display during a preview of The Collection of Elizabeth Taylor December 1, 2011 at Christie's in New York. The jewelry in Taylor's collection will go on sale December 13, this necklace is estimated at USD 2 million to 3 million. STAN HONDA/AFP/Getty Images

  • Elizabeth Taylor's Jewelry

    Jewelry owned by Elizabeth Taylor on display at 'The Collection Of Elizabeth Taylor' auction press preview at Christie's on December 1, 2011 in New York City. (Photo by Slaven Vlasic/Getty Images)

  • Elizabeth Taylor's Jewelry

    A ruby and diamond ring of 8.24 carats by Van Cleef & Arpels (R) and a ruby and diamond necklace by Cartier (L), which belonged to the late actress, Elizabeth Taylor, is seen in Hong Kong on November 24, 2011. The ring, which is expected to fetch between 1 to 1.5 million USD and the necklace which is expected to fetch between 200 to 300 thousand USD is being exhibited at the Christie's Collection of Elizabeth Taylor, a collection of the late actress' jewels, fashion, art, and memorabilia. The auction for this collection will be held in New York from December 3 to 16. aaron tam/AFP/Getty Images)

  • Elizabeth Taylor's Jewelry

    Elizabeth Taylor's ring is displayed at a public exhibition in GUM on Moscow's Red Square, on September 14, 2011, shortly after the exhibition opening. Christie‘s have revealed the main lots of Elizabeth Taylor's jewels to be auctioned in New York this December. Select highlights from the 269-piece collection went on an eight-city tour including London, Los Angeles, Dubai, Geneva, Paris and Hong Kong, beginning today an exhibition in Moscow. NATALIA KOLESNIKOVA/AFP/Getty Images

  • Elizabeth Taylor's Jewelry

    FILE - This Sept. 1, 2011 file photo shows "The Elizabeth Taylor Diamond," a 33.19 carat a gift to the actress from Richard Burton at Christie's, in New York. The 33.19-carat diamond ring given to Elizabeth Taylor by actor Richard Burton sold for over $8.8 million at auction in New York Tuesday, Dec. 13, 2011. The ring was purchased in 1968 for $305,000. But diamond experts caution that the average diamond ring bought for a few thousand dollars by a consumer, while it will never be worthless, will not appreciate much if at all in value. (AP Photo/Richard Drew, File)

  • Elizabeth Taylor's Jewelry

    Dame Elizabeth Taylor arrives for her 75th birthday party at the Ritz-Carlton, Lake Las Vegas on February 27, 2007 in Henderson, Nevada. (Photo by Ethan Miller/Getty Images)

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