Beiruting News

Leonardo DiCaprio got into a bidding war with Paris Hilton in Cannes for a designer handbag.

The Wolf of Wall Street star, who is rumoured to be secretly dating Rihanna, reportedly outbid the 34-year-old DJ and secured a blue Chanel Neoprene flap bag embroidered with flowers for €10,000 at the the Heart Fund Gala at the Carlton Hotel.

The 40-year-old star "bought the bag for his mom," Irmelin Indenbirken, after fending off stiff competition from the former reality TV star and two other bidders, according to the New York Post's Page Six.

Another insider told PEOPLE.com: "Paris was great. She bid on many things, and Leo did too. Both her and Leo were so active during the entire auction. It was really nice to see."