MICHAEL JACKSON'S JACKET FETCHES $1.8 MILLION

It has been two years since his tragic death, and over the weekend Michael Jackson fans all over the world remembered the beloved King of Pop.

And one lucky fan ended up purchasing the legendary leather jacket Jackson wore in his “Thriller” music video for a cool $1.8 million.

A commodities trader from Austin, Texas named Milton Verret plunked down the hefty sum at Julien’s Auctions in Beverly Hills yesterday.

Verret told press he planned on putting the jacket on tour as a fundraiser to benefit various children’s charities.

MJ NAMED AS "TOP EARNING DEAD CELEB"

King of Pop Michael Jackson has landed the top spot on Forbes’ 10th annual ranking of the Top-Earning Dead Celebrities.

Although Jackson never got a slot on Forbes’ annual Celebrity 100 list during his life, he earned more than any other star in the past year, apart from Oprah Winfrey.

Not only did he grace the top spot with a whopping 275 million dollars, he out-earned the other 12 stars on the list combined.

Cultural icon Elvis Presley came in second. The King of Rock n’ Roll’s estate pulled down 60 million dollars in the 12-month period.

Lord of the Rings author J.R.R Tolkien took the third spot.

Peanuts cartoonist Charles Schulz, and John Lennon came in at the fourth and fifth spot, respectively.

THE 10 TOP EARNERS:-

1.Michael Jackson 2.Elvis Presley 3.J.R.R. Tolkien 4.Charles Schulz 5.John Lennon 6.Stieg Larsson 7.Dr. Seuss (Theodor Geisel) 8.Albert Einstein 9.George Steinbrenner 10.Richard Rodgers (ANI)