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The Met Gala, or Met Ball, formally called the Costume Institute Gala or the Costume Institute Benefit, is an annual fundraising gala held for the benefit of the Metropolitan Museum of Art's Costume Institute in New York City. It is popularly regarded as the world's most prestigious fashion event, and an invitation is highly sought after. Celebrities from various professional spheres, including fashion, film, television, theater, music, business, sports, social media, and politics, are invited to the gala, organized by the fashion magazine Vogue.