Know How much money did this years Met Gala raise?
The ticket prices for the Met Gala have gone up by a considerable margin. Last year you could have bought one ticket for $75, 000, while this year it is compared to the $50,000.
How much money did this year’s Met Gala rais
Met Gala started in 1948 as a fundraiser for the only department within Costume Institute that is responsible for the yearly winning amount of its budget. From 1999 to date, Anna Wintour, the mercurial editor-in-chief of Condé Nast, the company that publishes Vogue Magazine as well as numerous other magazines, has used her contacts in order to turn the gala into an immensely profitable intermingling of celebrities, sponsors, and brands.
The ticket prices for the Met Gala have gone up by a considerable margin. Last year you could have bought one ticket for $75, 000, while this year it is compared to the $50,000 of the previous year and $35, 000 in 2022. An old-time ticket for the 2015 party gala cost precisely one-third what a ticket for the same event now costs.
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In addition to the cash raised through sponsorships, the Met gala now attracted high-profile sponsors, including the publishing company Condé Nast, the prestige fashion brand Loewe and social media giant TikTok, currently facing a possible ban in the United States. Among the honorary chairs of the gala evening, we should name Loewe’s designer, Jonathan Anderson, and TikTok’s chief executive, Shou Chew.
Rachel Feinberg, a philanthropist and NYC gala event coordinator, said, “Other events do not raise as much money as the gala of The Met,” at an interview last year. “The secret of The Met had come out, which is the best for them,” she added.
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