Some of Hollywood's most elite stars will soon descend upon Beverly Hills for the 73rd Golden Globe Awards. The annual ceremony takes place Sunday at the iconic Beverly Hilton Hotel in California.

Comedian and actor Ricky Gervais will host the awards ceremony, which recognizes excellence in film and television, both domestic and foreign. Even though the Golden Globes is one of the most watched awards shows of the year, below are 11 fun facts you may not know.

1. It was founded in 1943 by 21 foreign journalists. The first Golden Globe Awards ceremony was held during a luncheon at 20th Century Fox and had only five categories: Best Motion Picture, Best Actor, Best Actress, Best Supporting Actor and Best Supporting Actress. Instead of receiving statuettes, winners were given scrolls.

2. The actual Golden Globe award we all know today didn't come about until 1946 when Marina Cisternas, former Hollywood Foreign Press Association's president, suggested creating statuettes that resembled an actual gold globe on a pedestal.

3. The Golden Globe statuettes are estimated to cost $800 each and are plated in 24-karat gold.

4. Winners of the award receive their statuette in a red-velvet-lined, leather-bound chest with the Hollywood Foreign Press Association’s logo stamped in gold,  Inside Film reports.

5. Meryl Streep holds the record for most Golden Globe nominations, with 29. She's also taken home the award eight times, which is also a record.

6. The youngest person ever to win the prestigious award was Ricky Schroder. At 9 years old, he won the award for Best New Star of the Year for his role in the 1980 movie "The Champ." Schroder went on to star in a number of TV shows and movies, including Fox's "24" as Mike Doyle.

7. In 2008 the ceremony was canceled due to a Writer's Guild strike. Celebrities refused to show up to the show, so instead winners were announced Jan. 13 of that year during an hourlong press conference.

8. In 1973, Marlon Brando refused to accept his Golden Globe for Best Actor for his role in "The Godfather" because he was protesting U.S. “imperialism and racism.” 

9. It takes a small village to make sure every guest in attendance is well-fed and never has an empty glass. According to Trips and Giggles, 40 chefs, 110 culinary staff members, 250 servers and 50 bartenders will be working the night of the Golden Globe Awards.

10. The menu for this year's ceremony is extravagant. According to People magazine, the nearly 1,300 guests will be served a four-course meal that includes eggplant, bok choy, lotus and mustard greens, with ginger dressing and a filet of beef with marinara crust and slow-roasted black-garlic steelhead trout. Vegetarians can dine on salt-baked heirloom sweet potatoes with creamed-corn glaze. There will also be a number of desserts, including executive pastry chef Thomas Henzi's California Almond Cake.

11. The tradition of having a Miss or Mr. Golden Globe didn't start until 1962, with two awards being handed out the following year to Eva Six and Donna Douglas. This year Jamie Foxx's daughter, Corinne Foxx, was chosen as the 2016 Miss Golden Globe.