Michael Jackson 'Thriller' Jacket Sold For $1.8M

06/27/2011 09:39 am ET | Updated Aug 27, 2011

BEVERLY HILLS, Calif. — A famed black-and-red calfskin jacket that Michael Jackson wore in the classic "Thriller" video has sold at auction for $1.8 million.

Darren Julien, president and CEO of Julien's Auctions in Beverly Hills, says the jacket was purchased Sunday by Milton Verret, a commodities trader from Austin, Texas.

The jacket is one of two Jackson wore during the filming of the 1983 "Thriller" video. Jackson wears the jacket in a scene with a troupe of zombies who rise from their graves and break into a dance routine.

Verret says the jacket will be sent on tour and used as a fundraising tool for children's charities.

A portion of the sale price will go to the Shambala Preserve, a big cat sanctuary caring for two tigers Jackson one owned.

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