The late pop star’s famous accessory which he wore on his 1984 Victory Tour and which featured 50 tiny lights sold for the huge sum at the Profiles in History auction in Calabasas, California, at the weekend.
As well as the lights which were powered by a nine volt battery in the cuff and included a power switch - the white mitten also features bugle beads and Austrian crystal rhinestones.
The glove was created by Ted Shell for the 55-date concert run which was the last time the Jackson brothers toured together.
Several other memorable items belonging to Michael also went under the hammer.
One fan forked out £29,500 for a red V-neck jumper encrusted in rhinestones, which Michael sported during at the 1981 American Music Awards.
A yellow tie-dye shirt which he wore during a television appearance in 1971 sold for £11,000.
Meanwhile, Michael’s three children Prince Michael I, 12, Paris, 11, and seven-year-old Prince Michael II, also known as Blanket are raising money to help a two-legged puppy.
According to family friends, Prince Michael and Paris recently saw the dog, named Scooby-Roo, on a US TV show and were moved by the pooch’s plight.
They are now reportedly trying to raise $2,000 to buy the mutt a custom-made cart to make it easier for Scooby-Roo to get around.
