The 88th Academy Awards will honour the best of Hollywood in the year 2015 by presenting the golden statuette to the winners. Hosted by actor and comedian Chris Rock, the Oscars 2016 will be held at the Dolby Theatre in Hollywood, California on 28 February 2016.

But before the much-awaited ceremony that will decide whether or not Leonardo DiCaprio will be lucky enough to take the Oscars trophy for best actor, IBTimes UK has compiled a list of fun facts about the most coveted award ceremony.

Greer Garson holds the record for delivering the longest acceptance speech ever at an Academy Awards event. She received the best actress award in 1942 for her movie Mrs Miniver and delivered a speech that lasted more than five minutes.

This is interesting considering this year Oscar winners will be allotted only 45 seconds for their acceptance speech.

Best artistic quality for production, best title writing (for silent films), best comedy directions were the awards introduced and given only once and were never given again.

Meryl Streep received 19 nominations for the Academy Awards so far, which is the highest any actor or actress has ever received. She won two golden statuettes for best actress and one for best supporting actress

Walt Disney is the only individual to win 26 Academy Awards in his lifetime out of which 22 were competitive and four were honorary.

Lord Of The Rings: Return Of The King (2003), Titanic (1997) and Ben-Hur (1959) are the three movies that won most Oscar trophies (11).

Sophia Loren and Roberto Benigni are the only two foreign actors to receive best actor awards for their role in the movies Two Women and Life Is Beautiful respectively.

Luise Rainer, Spencer Tracy, Katharine Hepburn, Jason Robards and Tom Hanks have won two Oscars in two consecutive years.

Henry Fonda is the oldest actor to win the Oscar for best actor for the movie On Golden Pond in 1982. He was 76 years old when he received the honour.

Gloria Stuart, at 87, was the oldest actress to be nominated for an Oscar. She was nominated for her role of Old Rose in the movie Titanic.

Tatum O'Neal is the youngest actor to receive an Academy Award. She was 10 years old when she won the best supporting actress award for the movie Paper Moon in 1974.

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