Fabulously Spotted: Beyonce Goes 'Conservative Red' In Oscar de la Renta For President Obama's Fundraiser With Jay Z At 40/40 Club In NYC

Last night was a night to remember in the ‘Big Apple’ for fabulous mega couple Jay Z and Beyonce. The two some hosted a lavish fundraiser for President Obama at the 40/40 club.

The Fundraiser raised a reported $4 million dollars for the democratic hopeful in his effort for a second term. 40 VIP guests paid $40,000 per plate to dine, party and hear the president speak.

For the occasion Beyonce donned a red figure hugging dress from Oscar de la Renta. The crimson color dress feature a gathered neckline, 2/3 sleeves and a bejeweled buckle tied on a red ribbon.

Her honey_blonde hair was curled and swept to the side in cascading old Hollywood glamour.

Jay Z and President Obama wore dark suits and neck ties.

Beyonce Red Oscar de la Renta Dress at Obama Fundraiser With Jay Z 40 40 club in New York

Photos Courtesy: Twitter