Matt Sayles, AP
The red and black leather jacket was purchased on June 26, 2011 by Milton Verret, a commodities trader from Austin, Texas, at Julien's Auctions in Beverly Hills. Verret purchased the jacket for several times more than it's anticipated price tag which was between $200,000 - $400,000. The iconic garb will be used as a fundraising tool, heading out on tour with the proceeds going to various children's charities.
The famed jacket sparked a fashion craze in the 1980s after Jackson and his troupe of zombies broke out into a dance routine in the music video. The auctioneer described the jacket as "among the most recognizable and famous garments of the 20th century."
Watch Michael Jackson's 'Thriller'



Taylor Swift Dominates at 2013 Billboard Music Awards
Tim McGraw's 'Superstar Summer Night' Special to Air May 19
Tim McGraw Stops Atlanta Show to Help Ailing Fan
Jennifer Hudson Performs 'Inseparable' With 'American Idol' Winner Candice Glover
Mario Announces Nicki Minaj Collaboration, 'Somebody Else'
Carrie Underwood 'Goats' Hunter Hayes With Blown Away Tour Prank
Carrie Underwood Says She's 'Queen of Awkward' in Marie Claire Interview
Stone Temple Pilots Tap Linkin Park's Chester Bennington as New Singer
Miguel and Fan Are 'Okay' After Crazy Kick at 2013 Billboard Music Awards
Taylor Swift Admired George Jones' Passion for Performing

3 Comments