Photos: Blake Lively & husband Ryan Reynolds step out looking stylish at Time 100 Gala

40-year-old actor, Ryan Reynolds stepped out for the Time 100 Gala in New York dressed in a navy-blue tuxedo and leather shoes, as he was honored among the world's 'most influential'.

His wife, actress Blake Lively showcased her figure in a Marchesa plunging black lace cocktail dress, featuring a sheer cape, floral embroidery, and rainbow tassels. It was paired with gold stilettos. See more photos after the cut.