AUSTIN, Texas (AP) -- A famed red-and-black calfskin jacket Michael Jackson wore in the groundbreaking "Thriller" music video is going on tour.
The jacket's new owner, Texas commodities broker Milton Verret, said Tuesday he plans to take the classic clothing item around the world to raise money for charities that help sick children.
Verret, who's from Austin, says he intends to line up corporate sponsors to fund the tour.
He purchased the jacket for $1.8 million last month at a Beverly Hills, Calif., auction.
The jacket is one of two Jackson wore during the filming of the 1983 video. Jackson can be seen wearing the jacket in a scene with a troupe of zombies who rise from their graves and break into a dance routine.