The President and First Lady welcomed Italian Prime Minister Matteo Renzi and his wife, Agnese Landini, for the fete, which was catered by Mario Batali.
Speaking between dinner and the entertainment, Michelle told guests: "This has been a truly successful final state dinner". She wore a rose gold Atelier Versace gown, made of cut and draped chain mail. Ray has done numerous events with the White House to support the first lady's "Let's Move" anti-childhood obesity initiative.
"I feel honored that I had the opportunity to dress the first lady Michelle Obama". So I want to propose a toast to the enduring alliance between the United States and Italy, to our friends Matteo and Agnese, to the friendship between the Americans and the Italians, in pursuit of the world that we can build for future generations. House Democratic leader Nancy Pelosi, U.S. Department of Justice Attorney General Loretta Lynch, Save the Children USA President and CEO Carolyn Miles, New York Gov. Andrew Cuomo, Chance the Rapper and singer Frank Ocean were just a few of those in attendance.
But last night, at the Final State Dinner, it was Michelle's stunning rose gold gown that stole the show.
Michelle Obama wore a custom Versace gown for the White House state dinner.
Reporter: The 14th and final state dinner for the prime minister of Italy and Michelle Obama's last as first lady and made it one to remember.
Iraqi forces launch new advance near Mosul
On Friday, Zeid Ra'ad Al Hussein, UN High Commissioner for Human Rights, expressed his concern over the situation in Mosul. They said they will be watching to see how aggressively the militants fight and whether more leaders flee the city.
Gloria Steinem, a feminist activist who has been writing about women's rights for more than 40 years, penned a letter in which she said that Mrs Obama had changed history "in the most powerful way - by example". I'm old, and I don't need it.
It featured food by chef Mario Batali.
"In the grand sweep of time, each of us is here only for a brief moment", he said, calling the political activities of the day "fleeting". "All they're looking at is you".
On Tuesday she paid tribute to Italy by wearing an outrageously expensive dress designed by the world famous Italian label.
After the ravioli course is served Tuesday, guests will dine on a roasted butternut squash salad before slicing into pinwheels of beef, a classic Italian dish that the White House is putting its spin on by using American Wagyu beef instead. "After a little look in Uffizi Gallery, and in front of David", then some Italian ice cream and "the Florentine wine and Tuscan wine we can taste".
In additional remarks Tuesday, Obama also remarked on the fast-approaching election - ridiculing Republican candidate Donald Trump's assertion that the electorate is "rigged" in favor of Obama disciple Hillary Clinton.