Yes, it is true: The Academy Awards is the most important night of red carpet fashion. But the Oscars are televised and relatively tame, and not exactly a place for experimentation and quirk. It is, to simplify the matter, the night that Hollywood invites fashion to its table.
The Met Gala, on the other hand, has fashion opening its hallowed halls to Hollywood. A-listers like Jennifer Lawrence and Rihanna learn about the CFDA and rub shoulders with fashion editors, and the biggest star of the night isn't George Clooney, but Anna Wintour. In other words, for fashion, the Met Gala is bigger than the Oscars because it's fashion's night to shine, and stars are just really well-dressed eye-candy. Our favorite looks from last night were beyond breathtaking, especially when you see red carpet pros like Lily Aldridge and Solange next to tinseltown bigwigs like Jennifer Lawrence or Jessica Chastain. Plus, you get the magical weirdness of Lady Gaga, and the grandeur of Rihanna—making it the most glamorous red carpet in the whole damn world.