Meanwhile, Jay-Z's mom Gloria Carter received the Everyday People Award.
The family attended the gala on Saturday - dressing like royalty together - where Blue did some bidding on behalf of her star parents before the pop icon received a humanitarian award by her mother, Tina Knowles Lawson. "It's a privilege and a responsibility".
Vanity Fair reported that even the former First Lady Michelle Obama honoured the "Formation" singer via a televised message.
In the pictures, Blue Ivy looks delighted with her outfit as she poses in front of a mirror while her mum stands behind her.
Later in the night, there was an auction for some very pricey paintings. Blue Ivy Carter is proving once again she is a force to be reckoned with after coolly dropping a US$19,000 (RM74,356) bid for an art piece recently.
However, she didn't go home empty handed.
Jay-Z jokingly tried to curb the six-year-old's spending spree by wrestling the auction paddle from her, but he isn't fooling anyone. That $19,000 was a fifth of her allowance for the week and she needed a painting for her master suite. When she is outbid, Blue makes a second bid for $25,000 before Jay-Z can be seen trying to lower her paddle and reign in her spending.
"I try to keep my charitable work quiet because I feel like these things should come from the goodness of your heart and not from anything orchestrated as a campaign", she said.
Blue Ivy managed to upstage Beyonce herself in an adorable gold dress and wig. The event-which took place at Los Angeles' Alexandria Ballrooms-was organised by Beyoncé's mother Tina Knowles Lawson, and her step-dad, Richard Lawson.
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