So did you miss the Met Gala last night??? From some of your favorite celebrities within sports, music, and acting world the list goes on - The Met Gala is mostly known for its outrageous fashion on the carpet. However, what is the MET GALA all about beyond the fashion on the carpet? The gala which was once known as the Costume Institute Gala and or Met Ball is actually an annual benefit fundraising concert for the benefit of the Metropolitan Museum of Art's Costume Institute in New York City. Let's see some of the most talked about.