Known to be the "Oscars of the East Coast," the Met Gala is one of fashion's biggest events of the year. Gowns of all hues and structures flood the red carpet, but who wore what? And who among the beautiful celebrity belles stole the spotlight?

The Metropolitan Costume Institute Gala or widely known as the Met Gala took place on Monday at the Metropolitan Museum of Art in New York City with an impressive list of celebrity guest for the night's bash.

For this year, it celebrated Miuccia Prada and Elsa Schiaparelli and was also deemed to have achieved its most star-studded year to date.

Celebrities and designers paraded at the red carpet arrival as photographers take pictures while they pose. While there were some A-list stars who definitely stood out wearing fashion worthy dresses, there were some like model Karolina Kurkova who looked dazzling in a rose gold, Rachel Zoe designed gown.

The ever beautiful Jessica Alba also stood out in a metallic dress that freely draped to the floor. The actress and business woman shines in a Michael Kors Grecian inspired gold gown. Carrey Mulligan who was one of the hosts that night wore a Prada silver and gold sequined dress while the "Avengers" star Scarlett Johansson stunned everyone with a Dolce and Gabbana tulle mermaid skirt gown.

Camilla Belle and Gisele Bundchen sported curve hugging dresses and while the other bared a low cut, the other opts for a slit. Camilla wore a Ralph Lauren creation while Brazilian model Gisele slips on a black Givenchy.

See more of the best dressed celebrities as they arrive at the 2012 Met Gala.

Also Read:

Alessandra Ambrosio Gives Birth to a Baby Boy in Brazil

When Bored, Kim Kardashian Tweets Sexy Photos