Met Gala was formerly known as the Costume Institute Gala or the Costume Institute Benefit and is also referred to as the Met Ball. It is an annual fundraising gala for the benefit of the Metropolitan Museum of Art’s Costume Institute Every year’s event commemorates the theme of that specific year’s Costume Institute exhibition, and therefore the exhibition sets the tone for the formal dress of the night, as guests are expected to choose their costumes as per the theme of the exhibit.
The Met Gala was founded in 1948 as a solution to raise money for the then newly-founded Costume Institute and mark the opening of its annual exhibit. The first Met Gala was held as a midnight dinner with tickets that were priced at fifty dollars each. The legacy that was left behind by the former Vogue editor-in-chief, Diana Vreeland to the Costume Institute made that Met Gala is now. Since 1973 the Met Gala has been well known as the luxurious, blockbuster event and is taken into account the jewel in NY City’s social crown.
The Gala is widely considered among the leading in influential and most exclusive social events in the world as well as one among the most important fundraising nights in New York City, with a little over $9 million raised at the 2013 event and a record of $12 million the later year. The Met Gala is one of the most notable sources of funding for the Institute, with benefaction anticipated to exceed $200 million in total after the 2019 event since Anna Wintour‘s assuming the chairmanship of the Institute in 1995.
According to en.wikipedia.org; jdinstitute.edu.in. Source of photos: internet
