The first Monday in May is a special one. It’s when the Manhattan’s Metropolitan Museum of Art hosts its annual Met Gala. A time honored tradition, the Met Gala is the fashion world’s own Academy Awards. From the slew of A-listers that attend to the hefty ticket price tag, the night is always a memorable one. But what exactly goes into planning fashion’s biggest night that has all of Hollywood scrambling to snag a spot? Read on to learn all the secrets of the Met Gala.

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