Met Gala: A look at the money behind the annual fashion event

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Tickets for the event hosted by Anna Wintour cost at least $30,000. Is

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each year, when Gal. with rolls around, fans look to the stars to see what gorgeous and over-the-top costumes Celebrities have concocted things to show off their belongings on the red carpet.

The event is co-chaired by the Editor-in-Chief of Vogue Anna Wintour – he’s an honorary co-chair this year – and a handful celebrities and public figures. This year, singer Billie Eilish, actor Timothée Chalamet, tennis icon Naomi Osaka and poet Amanda Gorman Took such duties for an event held at the Costume Institute of the Metropolitan Museum of Art in New York.

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Each year, attendees are expected to donate to jaw-dropping organizations that align with a theme that promotes an exhibition at the museum. This year’s theme is “In America”.

With some of the biggest stars from Hollywood and beyond joining in on this year’s gala, here’s the money behind it:

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How much for a ticket?

According to the Associated Press, tickets for the event cost at least $30,000.

deduction The report said 500 to 600 people attend the event each year, meaning at least $1.5 million could be earned – although this year’s case is said to be more intimate due to coronavirus restrictions .

Met Gala 2021: How to watch and everything you need to know

Who pays for the ticket?

While the stars are invited by Wintour, it is very common for a brand to host them and buy tables at the event for hundreds of thousands of dollars. Along with the stars may be the designers who dressed them.

How much money did you raise?

The event is, after all, a fundraiser for the museum’s Costume Institute. The institute—which serves as the museum’s fashion department—is the only department in the museum that must fund itself, so the stars extend a helping hand.

Last year, the event raised a total of $13 million. It is estimated that Wintour has raised up to $200 million for the institute.

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