Lupita Nyong'o
Lupita Nyong'o, best supporting actress nominee for her role in "12 years a Slave", arrives on the red carpet at the 86th Academy Awards in Hollywood Reuters/MIKE BLAKE

The 86th Annual Academy Awards kicked off with star-studded Red Carpet event with A-list stars in attendance including power couple Brad Pitt and Angelina. After winning five awards in the Spirit Awards, "12 Years A Slave" wins the biggest victory of the night for Best Picture category.

Steve McQueen's "12 Years A Slave" claimed the 2014 Academy Award highest honor for Best Picture and bested crowd's favorite "Gravity" and "American Hustle." All three breathtaking movies have won various awards in several award giving bodies, but Oscars being the top of all award show honored the historical drama about slavery and the man's struggles to live.

Steve McQueen dedicated "12 Years A Slave" victory to Solomon Northup, whose life and book is the basis of his award winning movie. "Michael Fassbender is a genius. Nothing he wouldn't do, nothing he can't do," says the victorious director as he gave thanks to his leading actor. He also calls Chiwetel Ejiofor as the "soul" of the film.

"There's no time to be overly considerate...and there's a freedom that comes with that... [Sometimes] we've only got one take, so let it rip," McQueen revealed about his low-budget indie film.

Kenyan actress Lupita Nyong'O took home the award for Best Supporting Actress for her epic performance as Patsey, a hardworking slave in Solomon Northup's real-life memoir of the same title. "It doesn't escape me for one moment that so much joy in my life is due to so much pain in someone else's," revealed Lupita on her Oscar's speech.

Lupita Nyong'o, best supporting actress nominee for her role in "12 years a Slave", arrives on the red carpet at the 86th Academy Awards in Hollywood

Another big winner for the 2013 Oscars is Alfonso Cuaron for "Gravity" as the Best Director. The Mexican director took home his first Oscar for his 3-D film about an astronaut who fights for her survival after being cut loose from her space shuttle.

"Sandy, you are 'Gravity', you are the soul and heart of the film. You are an amazing collaborator and one of the best people I have ever met," says Cuaron on his Oscars' speech.

Aside from winning the Best Director, "Gravity" also bagged most of the awards including Best Original Score, Best Sound Mixing, Best Sound Editing, Best Film Editing, Best Cinematography and Best Visual Effects.