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 / Updated  / Source: TODAY
By Emily Sher

Every year, Vanity Fair compiles a list of the world's best and most talked-about fashion icons. From European royalty to Hollywood stars to fashion-industry insiders, the list is chock full of inspiring celebrities who certainly know how to rock an outfit.

Scroll below to see some recognizable faces who have received the honor for 2015.

Amal Clooney

Amal Clooney
George Clooney and Amal Alamuddin Clooney on September 29, 2014 for a civil ceremony for their wedding.Pierre Teyssot / AFP - Getty Images

Rihanna

Rihanna
Rihanna arrives at the Grammy Awards on Feb. 8.Jordan Strauss / Jordan Strauss/Invision/AP

Emma Stone

Emma Stone
Emma Stone arrives at the Vanity Fair Oscar Party on Feb. 22.Evan Agostini / AP

Prince Harry

Prince Harry
Prince Harry attends the launch of the Rugby World Cup Trophy Tour on June 10.Getty Images

Russell Wilson

Russell Wilson
NFL player Russell Wilson arrives at the 2015 ESPYs on July 15.Allen Berezovsky / Getty Images Contributor

Eddie Redmayne

Eddie Redmayne
Eddie Redmayne attends the Oscar Awards on Feb. 22.Jason Merritt / Getty Images

Misty Copeland

Misty Copeland
Ballet dancer Misty Copeland attends a dinner on April 15 in New York City.Dimitrios Kambouris / Getty Images file

Taylor Swift

Taylor Swift
Taylor Swift at the Country Music Awards on April 19.Cooper Neill / Getty Images file

Bill Nighy

Bill Nighy
Bill Nighy at the Tony Awards on June 7.Andrew H. Walker / Getty Images file

Michael Fassbender

Michael Fassbender
Michael Fassbender poses for a portrait to promote his film, "Slow West."Scott Gries / AP file

Diane Kruger

Diane Kruger
Diane Kruger attends the annual Veuve Clicquot Polo Classic on May 30.Charles Sykes / AP file

Sienna Miller

Sienna Miller
Sienna Miller at the Wimbledon Lawn Tennis Championships on July 10.Julian Finney / Getty Images file

Emma Watson

Emma Watson
Emma Watson attends the BAFTA Awards on October 30, 2014.Frederick M. Brown / Getty Images file

Charlize Theron

Charlize Theron
Charlize Theron attends the premiere of "Mad Max: Fury Road" at the Cannes Film Festival on May 14.Francois Durand / Getty Images file

Zac Posen

Zac Posen
Designer Zac Posen attends a private party to celebrate The Met Gala on May 2.Andrew Toth / Getty Images file

To see the full list, visit VanityFair.com or pick up the latest issue.