Gwyneth Paltrow’s 40m holiday home

Gwyneth Paltrow is staying in a $40 million rental home in Cannes.

The 43-year-old actress is currently in France for the Cannes Lions Festival of Creativity and has been enjoying a break at a lavish seven-bedroom villa, courtesy of Airbnb.

She shared a picture of the property’s pool on Instagram and wrote: "Celebrating creativity and taking in incomparable views of Cannes. Merci @airbnb for the most wonderful stay #canneslions (sic)."

The villa features elegant living areas, sumptuous bedroom suites, a classic wine cellar and a spectacular outdoor space with views of the Mediterranean Sea.

Meanwhile, Gwyneth recently revealed she is "proud" of her friendship with Chris Martin.

The ‘Goop’ founder has remained close to her ex-husband for the sake of their two children, Apple, 12, and Moses, 10, since they split in March 2014 and she is glad she made the "commitment" to do what’s best for her family.

She said: "It was a difficult time in our lives. We didn’t know that the ‘conscious uncoupling’ phrase was going to inspire so much conversation. At the time people said, these people are crazy and it’s true, but over time now I hear people saying thank you for showing there is another way.

"You can remain a family even though you are not a couple and make it a less traumatic experience for the children. It wasn’t my phrase, but I’m very proud of it.

"As anybody who has been divorced knows, you have to put a lot aside to maintain the family and the practicalities of what that might mean and sometimes that’s quiet tough on a personal level. It’s a commitment I make every day to my children and their father even though we’re not in a romantic relationship."