Michael Jackson's 'Thriller' Jacket Sells for $1.8M

Just days after the anniversary of his death, a famed black-and-red calfskin jacket that Michael Jackson wore in the classic Thriller video has sold at auction for $1.8 million. The jacket is one of two Jackson wore during the filming of the 1983 Thriller video. The buyer is Texas commodities trader Milton Verret, who says it 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 once owned. (More Michael Jackson stories.)